Hey there, nil! Markets open with cautious optimism post-Juneteenth as Trump signals a two-week window before deciding on U.S. involvement in Israel-Iran tensions. Oil eases 0.2%, gold drops 1.2% as safe-haven demand fades. Light earnings slate includes Accenture, CarMax, and Kroger. Plus, try your luck and win a $50 Amazon Gift Card! 🎁 - Dan
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| | 0.17% (-10 points to 6,024.25) |
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| | 0.15% (-32 points to 21,913.25) |
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European Diplomacy Push: Foreign ministers prepare Geneva talks with Iranian officials to press for conflict de-escalation - diplomatic recipes being tested Thai Political Crisis: PM faces calls to step down, averting coalition revolt - Southeast Asian political instability brewingIsrael-Hezbollah Warning: Defense minister warns Lebanon's Hezbollah against joining Iran conflict - regional escalation concerns mounting China-New Zealand Talks: Leaders discuss trade and Pacific security cooperation - bilateral relationship maintenanceTrump Africa Aid Cuts: HIV prevention programs facing funding reductions - humanitarian impact spreading Norway NATO Commitment: PM announces meeting 5% defense spending goal - alliance burden-sharing expandingVatican Development Report: Calls for financial reform to avert decades of lost development - institutional change advocacy |
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Chef's Pick: Photronics - A Tasty Semiconductor Play |
Stock of Interest this Week: (NYSE: KR) Kroger trades at $64.52 after 11 losses in 12 sessions, despite solid fundamentals. Hiring 15,000 signals growth, and Q1 earnings are expected Friday. With a 0.83x PEG, 15.4x P/E, strong cash flow, and a $7.5B buyback, it looks undervalued with 8–11% return potential. (Price at call: $65.56, Current price: $65.97, Analyst expectation: $73) |
Nutex Health Inc (NASDAQ: NUTX) Nutex Health earns a “Buy” rating as it consolidates near $120 after a massive May rally. Its unique arbitration model under the No Surprises Act drives outsized reimbursements, with 80% win rates on 60–70% of claims. Q1 revenue surged 213% to $211.8M with $14.6M profit and strong cash flow. Despite gains, a 22x forward P/E remains attractive, supported by 95% physician retention and three new facilities coming in H2 2025. (Current price: $119, Analyst expectation: $160) |
Trump Iran Timeline Navigation: Two-week decision deadline creates defined uncertainty period, allowing tactical positioning around geopolitical premium compression. Oil cooling 0.2% suggests immediate intervention fears overdone, creating energy sector rotation opportunities while maintaining defensive hedges. Stablecoin Regulatory Clarity Play: Circle Internet's 46% two-day surge on GENIUS Act passage validates crypto infrastructure investments. Focus on compliant stablecoin issuers and crypto exchanges benefiting from the regulatory framework rather than speculative tokens facing uncertain futures. M&A Arbitrage Opportunity: GMS Inc. bidding war between Home Depot and QXO (22% premium current) demonstrates building materials distribution value. Target other undervalued industrial distribution names that could attract strategic acquirer appetite in consolidating markets. Post-Holiday Positioning: Light volume Friday following Juneteenth creates opportunities for tactical moves ahead of weekend geopolitical developments. Monitor Trump administration signals and Middle East diplomatic progress for next week's positioning adjustments. Fed Policy Normalization: Wednesday's rate hold with two-cut outlook intact supports risk asset appetite despite tariff uncertainty. Gold's 1.2% decline signals reduced safe-haven demand, creating rotation opportunities from defensive to growth assets as intervention fears subside. |
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USD News Philly Fed Manufacturing Index – Actual: -1.7 | Forecast: -4.0CB Leading Index m/m – Actual: -0.1% | Forecast: -1.0% Fed Monetary Policy Report (Tentative) Major earnings expected today: Accenture: Fiscal Q3 earnings from major consulting company, key for corporate spending insightsKroger: Grocery chain quarterly results amid consumer spending pressuresDarden Restaurants: Restaurant operator earnings testing casual dining demandCarMax: Used car dealer results reflecting auto market conditions |
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Billionaire Mark Walter Eyes Lakers Control: Guggenheim Partners CEO ($325B assets) set to acquire controlling Lakers stake, with Forbes estimating $6.1 billion net worth ranking No. 216 on Forbes 400. Walter's investment empire spans sports franchises to artificial intelligence, demonstrating diversified wealth creation strategies. Goldman-Citi See European Stock Rally: Wall Street strategists project Stoxx Europe 600 to reach 557 points (3% additional advance, 10% annual returns) despite trade and geopolitical risks. Europe's loosening monetary policy and increased government spending are expected to overcome tariff headwinds. Currency Traders Ditch Dollar for Euro: Options market seeing 15-30% of dollar contracts switched to euro in the first five months of 2025 vs late 2024, reflecting unpredictable U.S. policy and trade war risks. The euro increasingly used as traditional dollar safe-haven role amid global uncertainty. Eli Lilly India Obesity Success: Mounjaro showing "positive" response in the world's most populous country, with 81,570 units sold totaling $2.76 million and 60% sales growth in April-May. Mass-market pricing could make the drug a mainstay in Indian diabetes and obesity management. Gold's First Weekly Drop: Bullion near $3,350/oz down 2%+ for week as geopolitical tensions ease and Fed inflation warnings raise fewer rate cut prospects. Trump's two-week Iran timeline reduces immediate action fears while Powell's tariff concerns limit monetary easing expectations. China Sends 46 Warplanes Near Taiwan: Largest deployment since October follows U.S. lawmakers visiting defense minister and UK-Japan warships transiting strait. Beijing is conducting "air-sea joint training," including Su-30 fighters and KJ-500 surveillance aircraft in response to official contacts. Japan Trade Timeline Flexibility: Economic minister signals won't fixate on July 9 tariff deadline, standing ready for extended negotiations. Across-the-board duties are poised to return from 10% to 24% for Japan without a deal extension or completion. Iran Oil Export Rush: Tehran reportedly accelerating petroleum exports ahead of potential U.S. strikes as Trump's two-week timeline pressures nuclear negotiation participation. Escalating Israel-Iran conflict enters second week with continued missile and drone exchanges. |
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Did you know Disney makes $46.4B just from their princess characters? Well, Elf Labs just pulled off something incredible: They've won 100+ historic trademarks featuring legends like Cinderella & Snow White, AND they have the tech to bring them right into your living room. That’s right, Elf Labs is the only other company out there that owns as much valuable character IP as Disney. And they are taking things to the next level…. We're talking: AI-powered interactive charactersPatented AR technology (no headsets needed!)400+ international copyrights Three major franchises funded & in production A team that has already generated $6B+ in licensing deals in their careers Plus, they've opened up this investment opportunity to the public for only $2.25 per share. Invest by June 25 * |
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GMS Inc (GMS ⬆️ 22% to $98.45): GMS is drawing serious buyout interest, with Home Depot entering the ring after QXO’s $95.20-per-share, $5B bid—a 27% premium. While Home Depot’s exact offer isn't public yet, the frenzy highlights just how valuable distribution networks have become in the construction supply world. Circle Internet Group (CRCL ⬆️ 12%): The stablecoin issuer’s rally continues, building on Wednesday’s 34% surge after the Senate passed the GENIUS Act 68-30. The bill enforces strict reserve rules and monthly audits for dollar-pegged stablecoins, signaling strong regulatory support. Accenture (⬆️ 2.8% premarket): The consulting giant gets an appetizer boost ahead of fiscal Q3 earnings, as investors position for one of the country's biggest consulting companies to update. In a market hungry for corporate spending insights, Accenture's guidance could provide valuable seasoning for sector sentiment. Tesla (TSLA ⬆️ 1.3% premarket): The EV maker continues its pre-robotaxi momentum, rising two days before Sunday's expected Austin launch. However, Democratic Texas lawmakers have sent a letter asking Tesla to delay until September 1 when new self-driving safety laws take effect. Sometimes, regulatory appetite and innovation timelines don't perfectly align. Coinbase (COIN ⬆️ 2.2% premarket): The crypto exchange extends Wednesday's 16% feast, benefiting from the stablecoin regulatory clarity that's lifting the entire crypto ecosystem. The company's new Coinbase Payments "stablecoin payments stack" for commerce platforms positions it perfectly for the regulatory framework. Smith & Wesson Brands (SWBI ⬇️ 14%): The gunmaker got served a disappointing earnings platter, with Q4 revenue falling 12% to $140.8 million, missing the $152.4 million estimate. Adjusted EPS of $0.20 came in well below last year's figure and 3 cents short of expectations. CEO Mark Smith cited "macroeconomic and industry trends" making Q4 "more difficult than anticipated," with consumers showing caution due to discretionary spending pressures. Gross margin compressed 670 basis points to 28.8% - that's some serious profit indigestion. Microsoft (MSFT ⬇️ 0.4% premarket): The software giant faces workforce reduction indigestion as the Wall Street Journal reports plans to lay off several thousand employees within weeks, primarily in sales departments and other teams starting in July. Even tech titans sometimes need to trim the fat from their operational recipe. Mastercard and Visa: Both payment networks are dealing with competitive appetite pressure as the stablecoin regulatory framework could enable merchants to issue their own digital payment tokens, potentially siphoning revenue from traditional card processing. When new technology threatens established business models, incumbent players always feel the heat. Home Depot (⬇️ 0.5% premarket): Despite being the potential acquirer in the GMS bidding war, the home improvement giant slips slightly as investors digest the acquisition costs and strategic implications of expanding into commercial building materials distribution. |
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ETF Gainers: Leverage Shares 2X Long COIN ETF (⬆️ 32.69%): Coinbase leverage amplifying crypto satisfaction with 53.3K volume GraniteShares 2x Long COIN ETF (⬆️ 32.18%): Another Coinbase bull play feasting with massive 22.7M volumeRoundhill COIN WeeklyPay ETF (⬆️ 19.20%): Third Coinbase exposure getting appetite with 79.7K volume GraniteShares 2x Long MRVL ETF (⬆️ 13.80%): Marvell Technology bulls getting their fill with 705.9K volumeDefiance Daily Target 2X Long SOFI ETF (⬆️ 13.16%): SoFi optimists are enjoying gains with 468.9K volume ETF Losers: GraniteShares 2x Short COIN ETF (⬇️ 32.67%): Coinbase pessimists getting burned with heavy 21.5M volumeYieldMax Short COIN Option Income Strategy ETF (⬇️ 15.54%): Another Coinbase bear bet suffering with 2.0M volumeTradr 2X Long APP ETF (⬇️ 8.97%): AppLovin bulls losing appetite with 283.1K volume Defiance Daily Target 2X Short SMCI ETF (⬇️ 6.13%): Super Micro shorts getting satisfaction with 4.7M volume2x Solana ETF (⬇️ 5.78%): Solana optimists experiencing indigestion with 959.6K volume |
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For more information and to verify the accuracy of the claims made in this email, please consult the following reliable sources: Israel-Iran air war enters second week as Europe pushes for diplomacy – Reuters Thai PM faces call to step down to avert coalition revolt – Reuters Israeli defense minister warns Hezbollah against joining conflict with Iran – Reuters New Zealand PM Luxon meets China’s Xi Jinping – Reuters Trump aid cuts deal blow to HIV prevention in Africa – Reuters Norway to meet 5% NATO goal in defense and security spending, PM says – Reuters Vatican-backed report seeks financial reform to avert decades of lost development – Reuters Billionaire Mark Walter set to own sports empire with new deal – Yahoo Finance Goldman, Citi see Europe’s economic outlook diverging – Yahoo Finance Currency traders are ditching the dollar and euro in global shift – Yahoo Finance Eli Lilly says India response is key to future rollout – Yahoo Finance Gold heads for first weekly drop since May – Yahoo Finance China sends warplanes near Taiwan amid rising regional tensions – Yahoo Finance Japan won’t fixate on July inflation as policy benchmark – Yahoo Finance Biggest stock movers Friday – Seeking Alpha Trump to decide on Iran strategy in two weeks – Seeking Alpha Nutex Health leverages arbitration to unlock hidden value – Seeking Alpha |
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Want to snag a $50 gift card? It’s easy! Just open 5 Market Munchies emails by Friday, June 20 to enter. 📨 Entries close at 11:59 PM sharp, so don’t miss out! The lucky winner will be randomly selected and notified via email with their prize.
Good luck! |
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* Please read the offering circular and related risks at https://elflabs.com. This is a paid advertisement for Elf Labs’s Regulation CF Offering. Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. *** When you buy through this link, Mode may earn a commission. |
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