Hey there, nil!
What a delicious end to the week we're witnessing! Markets are absolutely feasting on Trump's US-China trade deal announcement, with both the S&P 500 and Nasdaq hovering tantalizingly close to fresh record highs. The trade agreement has investors ditching their tariff anxiety for a full risk-on banquet, while today's PCE inflation data could be the perfect dessert to cap off this market meal. Let's dig into this trade triumph that's got everyone coming back for more helpings! Plus, try your luck and win a $50 Amazon Gift Card! đ
- Dan
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- Hamas faces defiant clans and internal doubts over Iran's support amid survival battles
- No known intelligence that Iran moved uranium, according to the US defense chief
- India seeks a permanent solution to the longstanding border dispute with China
- Hungary's PM Orban warns of legal consequences over banned Budapest Pride march
- Germany charges Syrian juvenile over Taylor Swift concert terrorist plot
- Ukraine calls for EU sanctions on Bangladeshi entities importing 'stolen grain'
- Israel halts aid to northern Gaza while officials deny Hamas theft claims
- Supreme Leader makes first appearance since ceasefire, threatens retaliation if attacked
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 Chef's Pick: Payment Processing Perfection |
Stock of Interest this Week |
(NASDAQ: CNXC) Concentrix reported Q2 revenue of $2.42 billion, topping the $2.38 billion estimate, but missed on earnings. For Q3, it guided adjusted EPS between $2.80 and $2.91, just shy of the $2.92 consensus. Shares dropped 6.6% on the news. (Price at call: $50.10, Current price: $50.85, Week high: $56.15, Analyst expectation: $60) |
Stock of Interest Yesterday |
(NASDAQ: LFD)Â LifeMD is quietly outperforming rivals, hitting GAAP profitability with just 290K subscribers, compared to Himsâ 1.5M. Dual partnerships with Novo and Eli Lilly boost its edge after Himsâ split with Novo. Trading well below Hims on EV/GP while growing faster than Teladoc, analysts see strong upside to a $14.40 target. (Price at call: $12.84, Current price: $13.85, Analyst expectation: $20) |
EHang Holdings Limited (NASDAQ: EH) This Chinese eVTOL pioneer is serving up a rare regulatory breakthrough feast that competitors can't replicate! As the world's first company with full suite eVTOL certification, including Air Operator Certificate, EHang has a 1-2 year head start in mass production capabilities. Despite Q1 revenue decline of 57.7% (due to procurement timing around regulatory approvals), the company projects 1,000 unit deliveries by 2025 end. Trading at a premium 18.61x P/S reflects massive growth potential in China's expanding UAM market, expected to hit RMB1.06 trillion by 2026. Strong balance sheet with 3.45x liquidity coverage provides runway for scaling production. (Current price: $17.25, Analyst expectation: $25) |
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Trade Deal Momentum Strategy: US-China agreement proves diplomatic solutions can season away tariff fears faster than expected. Recipe: Rotate into trade-sensitive sectors like industrials, materials, and technology exporters that benefit most from reduced trade friction. Focus on companies with significant China exposure that were oversold during tariff tensions. Â Record High Proximity Play: Both S&P 500 and Nasdaq tantalizingly close to fresh all-time highs with positive catalysts aligning. Recipe: Use any morning dips as entry opportunities for broad market exposure. Index funds and mega-cap growth leaders are positioned to benefit most from breakout momentum above psychological resistance levels. Â PCE Inflation Positioning: Today's PCE data could provide perfect dessert for rate cut expectations if numbers come in at the expected 2.3% YoY. Recipe: Position for Fed dovish pivot if inflation continues moderating trend. Rate-sensitive sectors like REITs, utilities, and growth stocks benefit most from lower rate expectations. Â eVTOL Revolution Early Entry: EHang's regulatory breakthrough creates first-mover advantage in massive Chinese urban air mobility market. Recipe: Consider exposure to the aerial mobility revolution through certified players with production capabilities. Regulatory moats are extremely difficult for competitors to replicate quickly. Â Safe Haven Exit Strategy: Gold's 1.5% decline shows how quickly defensive positioning can spoil when risk appetite returns. Recipe: Rotate from safe havens into growth assets as geopolitical tensions ease and trade deals materialize. Precious metals, Treasuries, and defensive sectors are likely to underperform in a risk-on environment. |
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 Presented by Boardwalk Flock |
Crypto whales have quietly accumulated $62 million worth of a single protocol in just 72 hours. Â This is calculated accumulation by the smartest money in crypto... into a protocol that processes more transactions than most banks... holds more assets than entire hedge funds... and generates more fees than 99% of DeFi platforms. Â Yet... this cryptocurrency still trades for a tiny fraction of what Bitcoin costs. Â The math doesn't add up. Â But smart money knows something retail investors don't. Â Two catalysts are about to converge: Â Major tokenomics upgrade that redirects $6 million annually to holders. Institutional partnerships that could bring trillions in traditional assets on-chain. Â When these hit, the current price will look like pocket change. Â Discover the protocol that crypto whales are secretly accumulating. |
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USD News - Core PCE Price Index m/m â Actual: 0.1% | Forecast: 0.1%
- Personal Income m/m â Actual: 0.3% | Forecast: 0.8%
- Personal Spending m/m â Actual: 0.1% | Forecast: 0.2%
- FOMC Member Cook Speaks
- FOMC Member Hammack Speaks
- Revised UoM Consumer Sentiment â Actual: 60.4 | Forecast: 60.5
- Revised UoM Inflation Expectations â Actual: 5.1%
- Bank Stress Test Results
 Major earnings expected today: - Apogee Enterprises, Inc.
- Barnes & Noble Education, Inc.
- Cineverse Corp.
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Brazil Corn Ethanol Boom: Growth in the corn ethanol sector key to meeting renewable fuel demand under new government mandate. Corn ethanol output in the center-south region rose 31% to 8.19 billion liters as sugarcane production stagnated. Â China's $50B Chip Fund Pivot: Big Fund III switching focus to lithography and semiconductor design software to fight US technology curbs. Targeting bottlenecks controlled by ASML, Cadence, and Synopsys to achieve technological independence. Â Gold Weekly Loss Extends: Precious metal heads for second consecutive weekly decline as US-China deal progress and Middle East ceasefire reduce safe-haven demand. Weekly drop reaches 2.4% as risk-on sentiment dominates. Â Meta AI Legal Victory: Federal judges rule Anthropic and Meta can train language models on copyrighted books. Marginal victory in broader AI copyright war as dozens of rights holders continue challenging generative AI development practices. Â Enphase Energy Solar Surge: Stock tops S&P 500 with 12.8% gain, extending three-day rally to 24%. Senate Republicans are considering more generous clean energy tax credits, including rooftop solar incentive extensions. Â Amazon AWS Talent Exodus: VP of Generative AI Vasi Philomin leaves company as tech talent race intensifies. Philomin built the Amazon Bedrock platform from the ground up, highlighting competitive pressure for AI leadership talent. Â Toyota Trade Pressure Defiance: Record May sales of 898,721 vehicles (+6.9% YoY) despite growing US trade pressure on Japan's auto sector. Strong North America and China performance offsetting tariff concerns. |
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Co-signing can help them get better rates |
An easy way to lower rates. Want to help your loved one with college costs? Co-signing a loan can be a great way to do just that. You'll be helping them unlock lower rates and get better approval odds. Plus, lenders like College Ave offer co-signed release after a set number of on-time payments, meaning your obligation doesn't have to be forever. Avoid last-minute headaches by acting now, before final tuition bills are due. Â FIND A LOAN |
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Nike (NKE âŹď¸ 10%): Swoosh giant serves up better-than-feared Q4 results that aligned with cautious expectations. While management admits results "not where we want them to be," Q1 revenue decline guidance of mid-single digits beats feared 7% drop. Company warns of ~$1B tariff hit but outlines mitigation strategies. Analyst bite: Turnaround taking shape despite challenging backdrop.  Toyota Motor (TM âŹď¸ 3%): Japanese automaker delivers record May sales feast with 898,721 vehicles (+6.9% YoY). North America surged 11% while China grew 7% despite trade pressure. Fifth consecutive monthly increase proves resilient demand appetite. Analyst bite: Strong fundamentals offsetting trade war seasoning.  Nvidia (NVDA âŹď¸ 0.5% premarket): AI chip king maintains throne as most valuable US company, closing at record $155.02 with $3.782 trillion market cap. Extends leadership position while the market hungers for continued AI innovation. Analyst bite: Valuation leadership reflecting AI demand dominance.  Coinbase (COIN âŹď¸ 0.3% premarket): Crypto exchange pulls back after Thursday's all-time closing high of $375.07. Year-to-date gains of 51% show investors still digesting regulatory clarity benefits from Genius Act passage. Analyst bite: Profit-taking is natural after a 51% annual feast.  Palantir (PLTR âŹď¸ 0.8% premarket): Data analytics platform extends record run to $144.25 closing high. Year-to-date surge of 91% riding the AI investment frenzy wave. Analyst bite: Government contracts and AI positioning driving premium valuation.  Li Auto (LI âŹď¸ 3%): Chinese EV maker cuts Q2 delivery forecast to ~108,000 vehicles from prior 123,000-128,000 range. Temporary sales system upgrade disruptions blamed for guidance reduction ahead of Li i8 launch. Analyst bite: Short-term hiccup before new model catalyst.  CorMedix (CRMD âŹď¸ 11%): Biotech serves up dilution concerns with planned $85M public offering. All shares are being sold by the company with a 30-day underwriter option for an additional 15%. Analyst bite: Capital raise suggesting accelerated development plans.  Concentrix (âŹď¸ 6.6%): Technology services provider disappoints with Q2 earnings miss despite revenue beat at $2.42B vs $2.38B expected. Q3 guidance of $2.80-2.91 EPS falls short of $2.92 consensus. Analyst bite: Margin pressure in the competitive services market.  Core Scientific (âŹď¸ 5.7%): Digital infrastructure company extends Thursday's 33% surge on CoreWeave acquisition talks. WSJ reports renewed interest after failed 2024 attempt. Analyst bite: AI infrastructure demand driving M&A appetite. |
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ETF Gainers: - Defiance Daily Target 2X Long RKLB ETF (âŹď¸ 23.38%): Space appetite absolutely soaring
- Defiance Daily Target 2X Long HIMS ETF (âŹď¸ 22.87%): Telehealth recovery getting leveraged love
- GraniteShares 2x Long IONQ Daily ETF (âŹď¸ 15.28%): Quantum computing finding quantum momentum
- Defiance Daily Target 2X Long IONQ ETF (âŹď¸ 15.11%): Double helping of quantum gains
- Tradr 2X Long ACHR Daily ETF (âŹď¸ 12.63%): Aviation tech taking flight
 ETF Losers: - Defiance Daily Target 2x Short IONQ ETF (âŹď¸ 15.19%): Betting against quantum backfired
- GraniteShares 2x Short COIN Daily ETF (âŹď¸ 12.40%): Crypto bears getting mauled
- Defiance Daily Target 2X Short SMCI ETF (âŹď¸ 11.21%): Server pessimism served cold
- YieldMax Short COIN Option Income Strategy ETF (âŹď¸ 7.58%): Crypto downside bets disappointed
- Volatility Shares Trust XRP 2X ETF (âŹď¸ 7.53%): Digital asset volatility is working against holders
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 Where Did We Get This? |
For more information and to verify the accuracy of the claims made in this email, please consult the following reliable sources: - Battling to survive, Hamas faces defiant clans and doubts over Iran â Reuters
- No known intelligence that Iran moved uranium, U.S. defense chief says â Reuters
- India seeks permanent solution to border dispute with China â Reuters
- Hungary's PM Orban warns of legal consequences over banned Budapest Pride march â Reuters
- Germany charges Syrian national in connection with Taylor Swift concert plot â Reuters
- Ukraine calls for EU sanctions on Bangladeshi entities importing âstolen grainâ â Reuters
- Israeli attacks kill at least 21 people in Gaza, medics say â Reuters
- Iran's Supreme Leader says country would strike back if provoked â Reuters
- Brazilâs corn ethanol boom faces new pressures â Yahoo Finance
- Trump announces trade deal with China â live updates â Yahoo Finance
- Chinaâs $50 billion chip fund gains momentum â Yahoo Finance
- Gold heads for weekly loss amid Middle East ceasefire â Yahoo Finance
- Meta and Anthropic win legal battles over AI training â but copyright war continues â Yahoo Finance
- Enphase Energy surges to top of S&P 500 on solar tax credit optimism â Seeking Alpha
- Biggest stock movers Friday: NKE, LI and more â Seeking Alpha
- S&P 500, Nasdaq, Dow Jones outlook â PCE report in focus â Seeking Alpha
- Stock movers â June 27 â Barronâs
- Amazon AWS generative AI head leaves company as tech talent race heats up â Seeking Alpha
- Toyota's May sales hit record despite trade pressure â Seeking Alpha
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Want to snag a $50 gift card? Itâs easy! Just open 5 Market Munchies emails by Friday, June 27 to enter. đ¨ Entries close at 11:59 PM sharp, so donât miss out! The lucky winner will be randomly selected and notified via email with their prize.
Good luck! |
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