The best way to make money from trading? Prop firms.

And today’s email is brought to you by Lark Funding, the only CDBO Certified prop firm that’s been paying traders for over 1,000 days.

☕️ Morning, Munchers! The market's hurting worse than my wallet after my wife’s latest Barnes & Noble spree. With nearly $1 trillion wiped out, we've got plenty to unpack (I'm three Tums deep already).

The full menu:

• 🚨 Market Meltdown: Dow Plunges 900 Points

• 🇯🇵 Yen Hits 5-Month High—Here’s What Traders Should Know

• 📉 Stocks Getting Crushed (Here’s the Damage)

• 🤑 This Trader Made Over $50,000

• ⏰ Stock Market Trading 24/7?

• ❌ Sam Bankman-Fried Gets Put Into Solitary Confinement

MARKET OVERVIEW

🚨 Market Meltdown: Dow Plunges 900 Points

Today was one of those days you wish your Wi-Fi cut out. It was ugly, folks—like "seeing your teacher at Walmart" ugly.

Here's what happened:

• Dow Jones: Down 2.08%, or about 900 points.

• S&P 500: Fell 2.7%, closing at the lowest level since September.

• Nasdaq: Took the hardest punch, dropping 4% for its worst day since 2022 and officially entering correction territory.

And if you opened your brokerage app today, you probably needed sunglasses—because the heatmap was bright red.

“Magnificent Seven”? More like “Tragic Seven.” 

• Tesla nosedived 15%.

  

• Apple was down almost 5%.

  

• Nvidia lost 5%.

  

• Even Alphabet and Meta took serious beatings.

Tech hasn't had this rough a day in years, and traders everywhere felt the pain.

🗞️ Why the market’s freaking out

Here’s the scoop:

• Tariff Trouble: Trump's trade war is back with a vengeance. Investors are seriously spooked because Trump just warned tariffs "could go up" and refused to rule out a recession. He calls it a "detox period"; markets call it chaos.

• Tesla’s Free Fall: Tesla dropped 15%, marking its worst single-day performance since 2020. Investors are starting to wonder if Elon Musk's newfound cozy relationship with the Trump White House is actually hurting sales more than helping.

• Economic Fears & Weak Data: Treasury Secretary Scott Bessent’s warning of a “detox period” (read: slower economy) and Goldman Sachs slashing economic forecasts made everyone nervous. Toss in weaker-than-expected job numbers, retail sales, and rising unemployment, and you've got a perfect storm.

😕 Is Trump Letting the Market Crash on Purpose?

Trump used to cheerlead the stock market like a proud parent at a little league game.

Now? Not so much. ❌ 

So, what's going on?

Trump openly says he wants lower rates, famously claiming, "Nobody ever gets rich when interest rates are high." 

And that puts him head-to-head with Powell. 🥊 

Powell wants inflation dead and buried—if he caves and cuts rates too early, inflation could rise from the grave like a bad zombie movie.

But here's the kicker: This market meltdown might actually be part of Trump's master plan.

Why?

Because there's a whopping $7 trillion (yup, trillion with a T) of U.S. debt coming due within six months. Refinancing that debt at today's 4%+ rates would hurt worse than stepping on a Lego.

Remember: earlier this year, the 10-year Treasury yield was at a painful 4.8%.

So, how do you get those rates down fast?

Simple.

Create uncertainty, spark fear, and shake the markets until economic growth looks weak. Then Powell and the Fed have all the cover they need to start slashing rates.

Crazy? Maybe.

Effective? We'll soon find out. ⏰ 

SPONSORED BY LARK FUNDING

How does an extra $2,800 sound? 😏

$2,800—that's the average trader payout at Lark Funding.

Over a year, that's an extra $33,600 in your pocket.

Life-changing? Absolutely.

Here's how it works:

For as little as $35, you can put your trading skills to the test by taking a prop firm evaluation. Pass it, and you’ll keep up to 90% of the gains you make on your Lark Account.

Oh, and because Lark loves Munchers, they're hooking you up with 10% off any challenge.

Use code: MARCH10

Time to get funded.

FOREX

🇯🇵 Yen Hits 5-Month High—Here’s What Traders Should Know

Yesterday, the Japanese Yen surged to a five-month high, breaking through 146.8 against the US dollar.

Here’s why the Yen’s taking off and why every trader should pay attention:

1. Safe-Haven Status 🛟

When the global economy gets shaky, traders run to safety. Right now, uncertainty from Trump's tariff drama and fears of a US recession have investors flooding into the Yen, traditionally one of the safest bets in finance.

2. BOJ Turning Hawkish? 🦅

Japan’s Deputy Governor, Shinichi Uchida, recently hinted that the Bank of Japan might hike rates further to cool rising inflation. Higher rates usually make a currency stronger, adding fuel to the Yen’s recent rally.

3. Geopolitical Tension 🎯

Tariffs and trade tensions mean more uncertainty—and uncertainty is rocket fuel for safe-haven currencies like the Yen. Historically, the Yen thrives when geopolitics get messy.

Why This Matters for Traders 👀

The Yen isn't just another currency—it’s the market’s go-to safe haven.

Japan’s massive external creditor status and low foreign debt ownership give the Yen stability during rough patches.

Simply put: when the Yen jumps, markets are nervous. And right now, it’s signaling caution ahead.

STOCKS

📉 Stocks Getting Crushed (Here’s the Damage)

When the market throws a tantrum, some stocks feel the pain a bit more than others. Here’s a quick snapshot of yesterday’s biggest movers:

• Coinbase: Down 17.58% yesterday (36% in the past month). Crypto winter, anyone?

• MicroStrategy: Down 16.68% (28.5% monthly). Bitcoin's drop hits Saylor’s pockets.

• Delta Airlines: Fell 5.54% (24% monthly). Not exactly a smooth landing.

• Google: Dropped 4.52% (11% monthly). Even Big Tech isn’t safe.

• Amazon: Slipped 2.36% (16.56% monthly). Bezos feeling lighter today.

P.S. Want to trade volatility like a pro? Lark Funding’s 1-Step Pro lets you trade over 100 stocks, and you keep 90% of the profits. Your wallet might thank you later.

CRYPTO

🪦 Crypto Check-In: Altcoins Missed the Party

Crypto markets were hoping Bitcoin’s epic run to $108k would trickle down to altcoins—but someone forgot to send out invites.

Here’s how the damage looked yesterday:

• Bitcoin (BTC): Down 1.72% (18.22% this month). Losing altitude fast.

  

• Ethereum (ETH): Fell 6.13% (27.93% monthly). Vitalik isn’t smiling today.

  

• XRP: Down 22% in just the last 5 days. Not exactly a Ripple effect traders wanted.

  

• Dogecoin (DOGE): Plunged 40.66% this month. Even Elon can't save it now.

  

Looks like alt season is cancelled—for now.

PROP FIRMS

🤑 Over $50,000 & 6 Payouts In A Row

Here’s some Tuesday motivation to show you what’s possible with prop firms.

🚀 Pre-Market Fuel

1. ❌ Massive Twitter outage. Elon Musk said yesterday’s outage was from a “massive cyberattack” that originated in “the Ukraine area.”

2. 😬 Sam Bankman-Fried. He’s now in solitary confinement after his interview with Tucker Carlson because the interview wasn’t authorized. He’s still hoping for a pardon from Trump.

3. 🇨🇦 Ontario fights back. They’re throwing a 25% tariff on energy being sent to the US.

4. 24/7 Stock market trading? Nasdaq announced that by the second half of 2026, they plan to introduce 24-hour trading.

🍪 Munchy Memes

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