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Monday, July 7th
“I don’t think existence wants you to be serious. I have not seen a serious tree. I have not seen a serious bird. I have not seen a serious sunrise. I have not seen a serious starry night. It seems they are all laughing in their own ways, dancing in their own ways. We may not understand it, but there is a subtle feeling that the whole existence is a celebration.”
– Osho
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Markets Today
🌏 Asia-Pacific: Down
🇪🇺 Europe: Up
🇺🇸 United States: Down
🛢️ Oil: Up
⚡Crypto: Down
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Major Market Events
- Trump imposes 25% tariffs on Japan and South Korea — New trade threats spook markets as reciprocal tariff deadlines shift to August 1.
- Stocks slide as tariffs hit tech and autos — The Dow, S&P, and Nasdaq all fell over 1% as investors react to renewed trade tension.
- Tesla sinks on China woes and political pivot — TSLA drops again as Elon’s fallout with Beijing and hints at a new party shake investor confidence.
🤔 My Thoughts
Microsoft, Meta, and Nvidia have been carrying the whole market for months.
Now the question is: can they keep doing it?
I don’t know about you, but I’m starting to feel like the second half of the year is gonna get… complicated.
Meta’s still going beast mode on AI hiring. DId you hear about the rumored $100,000,000 signing bonuses for OpenAI workers to jump ship and join Meta?!
Meanwhile, Microsoft’s got its hands in everything and Nvidia’s a momentum freight train — but it’s also priced as if conditions were perfect.
I’m not shorting them. But I’m not blindly chasing either.
This might be a good time to zoom out and ask: if the Big 3 start to wobble… what’s your plan?
We dug into that exact question this morning on our daily Profit Panel show.
If you’re not joining us each morning at 11am Eastern, you’re flying blind.
Click here to register your spot to join us tomorrow at 11am Eastern.
To Better Trading,
Alex Reid
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