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☕️ GM Munchers! If trading was easy, everyone would be doing it from a yacht instead of a bathroom stall during work hours. Speaking of which, back to the charts.

On today’s menu:

• 📉 Inflation Behaves & Gold Makes History

• 💰 Coinbase Wants to Rule the World

• 👟 Nike Crashes 10%

• ❌ This Futures Prop Firm Changed Their Rules Overnight

• 🚀 Platinum Soared To The Highest Price Since 2008

Yesterday’s numbers:

BREAKING NEWS

📉 Inflation Decides To Behave

Inflation just posted one of its largest monthly declines since 2023. Core CPI came in at 2.6%—well below the 3.0% forecast—putting inflation at its lowest level since March 2021. Translation? We're now at the closest point to the Fed's 2% target since the pandemic.

Markets initially ripped higher on the news, because dovish Fed = happy traders. But then something weird happened: the gains evaporated faster than our confidence after a revenge trade, and we closed barely green.

The Munch Take: 
Lower inflation = more room for rate cuts = weaker dollar = good for risk assets.

But the market's hesitation tells you everything about sentiment right now. Traders are terrified of getting too excited and getting burned. We're in that awkward phase where good news is good news, but nobody trusts it yet. The market is still digesting this one and if they don’t like the taste of it, expect more sideways chop.

🚀 Gold Hits $4,400 and Nobody's Even Surprised Anymore

For the first time in history, gold hit $4,400 per ounce. Wild, right?

Here's what's actually happening: With inflation dropping, the Fed has room for more rate cuts. Rate cuts weaken the dollar. When the dollar weakens, gold—which is priced in dollars—climbs. It's not that gold became more useful overnight. It's that what gold is denominated in (dollars) got weaker.

Gold rallying is basically a vote of no confidence in the dollar.

The Munch Take: 
Are we buying gold here? No. We're in the Bitcoin camp, which sadly hasn't performed like gold this year (don't remind us), but it's the same wealth preservation idea—just the digital version. Either way, the message is crystal clear: Own assets or get left behind. Cash is getting crushed slowly, and both gold and Bitcoin are telling you to pay attention.

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CRYPTO/STOCKS

💰 Coinbase Wants to Rule the World (And We're Here For It)

Coinbase just launched a massive update that includes stocks and prediction markets. CEO Brian Armstrong announced they want to be the #1 financial services app in the world.

Finally—one app where we can lose all our money in multiple asset classes simultaneously!

Full transparency: We bought Coinbase in April at $180. It rallied to $410 (we felt like geniuses), and now it's hovering around $240. We haven't added more because we've been buying Bitcoin, but honestly? Writing this is making us want to buy more.

The Munch Take: 
If you believe in crypto long-term, Coinbase is a leveraged play on the entire space. Trading at a 21 P/E ratio, it's volatile as hell but we only buy stocks we're holding 10+ years. The stock's down 10% in the last five days, which for us screams opportunity. Not financial advice—just our play.

MARKET OVERVIEW

🍿 Tasty Movers & Shakers

$NKE – Nike's "turnaround" just turned into a faceplant. They beat revenue and earnings expectations, North American sales climbed 9%, and investors responded by nuking the stock 10%. Why? China sales cratered 17%. Add in tariffs eating profits like a hungry college student at an all-you-can-eat buffet, and Nike's now down 20% YTD. Turns out when your biggest growth market decides they're not that into your overpriced sneakers anymore, Wall Street gets nervous. Who knew?

$GOOGL – Nobody watches the Oscars anymore, but YouTube just won exclusive rights to host them starting in 2029. First time since 1976 that ABC won't be running the show. This is what media disruption looks like: a streaming platform absorbing the last gasps of traditional broadcast relevance. The red carpet's moving to the algorithm, folks. Adapt or die has never been more literal.

$DJT – Trump Media is merging with nuclear fusion firm TAE Technologies in a $6 billion deal that makes approximately zero sense. Why is a nuclear fusion company buying a media company? Your guess is as good as ours. The stock exploded 38% on the news before everyone remembered it's still down 57% YTD. Sometimes the most confusing deals generate the biggest pops—until reality shows up like an unwanted guest.

$AMZN – OpenAI just raised $10 billion from Amazon, which is basically seven mega-cap companies passing fake money back and forth like a deranged game of hot potato. This is the US economy now: a handful of tech giants funding each other's fever dreams while pretending it's innovation. God help us all.

$AAL – American Airlines announced basic economy flyers can no longer earn miles, proving once again that airlines are allergic to customer satisfaction. Their reward? Stock's down 8% YTD. Shocking that alienating your customers turns out to be bad for business. Maybe next they'll charge us for oxygen.

TRADING SUCCESS

🤑 Friday Motivation

🚀 Pre-Market Fuel

1. ✅ Prop firm owner reveals 8 prop firm secrets.

2. 🚀 Platinum soared to the highest price since 2008.

3. ❌ This futures prop firm is getting a lot of hate right now.

4. 🇨🇦 Ontario just saw the largest outflow of residents in history.

5. 🛒 Instacart is paying $60 million to settle FTC claims.

6. 🥳 Is there a new TikTok deal?

🍪 Munchy Memes

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