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☕️ GM Munchers! Middle East tensions are higher than my cortisol. And just like my last date night, nobody knows how this one’s going to end.

On today’s menu:

• 📉 Iran Launched Missiles… and Stocks Launched Too?

• 🇬🇧 Why the Pound Is Poppin’ (Even After a Rate Cut)

• 😬 What’s Going On With Berkshire Hathaway?

• 🤑 A $120,000 Prop Firm Payout

• ❌ Healthcare Stocks Are Getting Destroyed

Yesterday’s numbers:

BREAKING NEWS

🇮🇷 Iran Launched Missiles… and Stocks Launched Too?

You’d think a missile strike on a U.S. base would rattle markets.

But nope — Iran fired on an American airbase in Qatar in retaliation for U.S. strikes on its nuclear facilities… and the S&P 500 said, “Cool story bro,” rising nearly 1%.

Why?

• No casualties were reported. Qatar intercepted the missiles like a goalie with max stats.

• Traders saw it as Iran saving face — not declaring war.

• De-escalation = risk-on vibes.

Takeaway:
If you panic-sold on the headline without reading the rest? That’s how you end up buying back higher. Always watch how the market reacts — not just the news.

🛢️ Oil Dumped, Trump Yelled, and Traders Got Humbled

Oil dropped over 7% after the Iran strike. Yes, down. Not up. Because apparently, geopolitics is just another episode of WWE Monday Night Raw — lots of shouting, zero actual punches.

Then Trump jumped on Truth Social and yelled at literally “everyone” to keep oil prices low or risk “playing into the hands of the enemy.”

Translation?

• Oil peaked Sunday on war fears.

• Monday came, no escalation, market called BS.

• WTI crude dumped from $78.40 to $67.70.

Takeaway for traders:
The market is always right. You’re not.
Especially if you went long crude on “escalation” headlines and forgot to check if the missiles actually hit.
(Hint: they didn’t.)

🤖 Tesla’s Robotaxis Are Live — And So Is $TSLA

While the world freaked out over oil and missiles, Elon casually dropped robotaxis in Austin. Tesla stock? Up 8%.

Here’s the play-by-play:

• Tesla launched its new driverless taxi service.

• Riders paid a flat $4.20 per ride (because of course).

• Some robotaxis reportedly drove the wrong way… so basically just like human Uber drivers.

Why traders care:

• This is a potential multi-billion-dollar business.

• Tesla’s pivot to services = fat margins.

• Sentiment around Musk = back in “he’s a genius” mode.

Watch next:
If this goes well, the narrative shifts to: "Tesla isn’t a car company, it’s a tech monopoly." And you know what that does to valuations.

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FOREX

🇬🇧 Why the Pound Is Poppin’ (Even After a Rate Cut)

GBP/USD hit 1.35 and traders are scratching their heads like, “Didn’t the BoE just cut rates?” They did. But this move makes sense—if you zoom out and don’t just trade off vibes (guilty).

Here’s the deal:

• BoE cut rates to 4.25%, but it wasn’t as aggressive as markets feared.

• Governor Bailey basically said: “We’ll cut… but chill, we’re not sprinting.”

• UK inflation’s still sticky at 3.5%, which means they can’t ease much more.

• Meanwhile, the USD’s been stumbling thanks to weaker data + Fed policy uncertainty.

Translation?

• The UK still has higher real yields than the US = pound looks sexy.

• Add in some Middle East chaos → energy prices up → UK inflation supported → pound boosted.

• Dollar weakness + timid BoE = bullish GBP/USD.

What to watch next:

• More USD softness? GBP could keep grinding higher.

• If BoE does speed up cuts, watch for reversal.

• Sentiment’s still long, but structural momentum is strong. Don’t fight it… unless you love pain.

In short, the pound is up not in spite of rate cuts—but because they were less “cutty” than expected. Pair that with a soggy dollar and voilà: breakout.

Now if only my trading account was as resilient as sterling...

MARKET OVERVIEW

🍿 Tasty Movers & Shakers

$ATZ.TSX ( ▼ 2.74% ) Aritzia popped after UBS raised its price target, betting the brand can keep expanding into the U.S. Translation? If Gen Z is still dropping $58 on cropped hoodies while living off oat milk and vibes, this stock’s got legs.

$BRK.A ( ▼ 0.24% ) Buffett’s still alive, but the Warren Premium might not be. Berkshire is flirting with a break below its 200-day moving average — the first time since 2023. Investors are asking the big question: What’s Berkshire without Daddy Buffett?

$SMCI ( ▲ 1.0% ) Super Micro slid 10% after announcing a $2B convertible note offering. The AI darling’s been riding high off Nvidia demand, but convertible debt = dilution = shareholders get grumpy. The AI rocketship just hit a little turbulence.

$AMZN ( ▲ 0.3% ) Amazon launched more Kuiper satellites in its attempt to play catch-up with Starlink. The plan’s been in the works for 6 years — meanwhile, Musk’s got 8,000 satellites already doing laps around Earth. Kuiper's got Bezos-level ambition, but still needs Bezos-level execution.

$HIMS ( ▲ 8.65% ) Hims got wrecked — down 35% — after Novo Nordisk pulled the plug over concerns they’re pushing off-brand Wegovy weight-loss knockoffs. You live by the Ozempic meme wave, you die by it.

PROP FIRMS

🤑 Tuesday Motivation

🚀 Pre-Market Fuel

1. 🤑 Michael Saylor bought more Bitcoin.

2. 🏥 Healthcare stocks haven’t performed this badly in 25 years.

3. 🇷🇺 Trump got angry at some comments Russia made yesterday.

4. 😂 This guy snitches on people in NYC and makes $100K.

5. 🥚Egg prices are now down 67% since March.

🍪 Munchy Memes

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