☕️ GM Munchers! It’s Pip Munch, your trading sidekick who gets stopped out more often than my wife stops me from “just checking the charts real quick” at dinner.

On today’s menu:

• 🚨Markets Tumble as Tesla, NVIDIA Lead Tech Wipeout

• 📈 Michael Saylor’s New Baby: $STRF (Strife) Hits Nasdaq

• 💥 Why the Yen’s Been the Wildest Ride in the G7

• 📉 Google Drops 3% & YouTube Crushes

• 🇺🇲 Trump Vs TikTok

MARKET OVERVIEW

🚨Markets Tumble as Tesla, NVIDIA Lead Tech Wipeout

Markets got bodied on Wednesday after Trump rolled out his latest plot twist: a 25% tariff on all non-U.S.-made cars.

Investors didn’t exactly applaud.

In fact, they panicked.

Here’s the damage:

• S&P 500: ▼ 1.12% to 5,712.20

• NASDAQ: ▼ 2.04% to 17,899.01

• Dow Jones: ▼ 0.31% to 42,454.79

• VIX: ▲ +6.88% to 18.33 – its highest level in weeks

😬 Tech Got Slammed

Wall Street hit the panic button on tech.

• NVIDIA dropped 5.74%

  

• Tesla fell 5.58%

  

Why?

Fear of European and Asian retaliation. And because nobody likes buying high-growth stocks when the economy might be headed for a trade-induced recession.

🚗 Tariff Turbulence

Trump’s sweeping tariff announcement caught the Street flat-footed. Analysts warn this could:

• Spark a global trade war

• Jack up consumer prices

• Eat into corporate profits

• Push the economy toward a recession

In short: this isn't just a car tax — it's a market disruptor.

📈 Bond Yields & Gold

• 10-year Treasury rose slightly to 4.35%

• Gold inched up to $3,024.90/oz, as investors ran to safety faster than I run when my wife asks if I “noticed anything different.”

👀 What Traders Need To Watch Next

🤔 The real question: Is Trump serious this time?
He’s flip-flopped on tariffs more times than my wife changes outfits before dinner. And now, the market’s playing a guessing game — is this just bluster for bargaining chips, or are we actually heading for a full-blown trade war?

📉 Recession Vibes Rising
The VIX is spiking (volatility index), and former Fed VP Alan Blinder just whispered the “R” word. Traders are fleeing to gold, bonds, and anything that doesn’t have a 40x P/E.

📊 Earnings Season = Final Boss
Most Q1 reports are in — now it’s all about guidance. Healthcare and consumer names are holding the line. For now.

📌 Trader Cheat Sheet:

• Smart money’s rotating into defensive names

• Tech = high-volatility punchbag

• Friday’s inflation expectations report could either save or ruin your weekend

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STOCKS

📈 Michael Saylor’s New Baby: $STRF (Strife) Hits Nasdaq

Michael Saylor, the Bitcoin bull behind Strategy (formerly MicroStrategy), just launched a brand-new preferred stock called $STRF — aka “Strife” — and it started trading yesterday on the Nasdaq.

Here’s the twist:

• $STRF holders get USD yield

• $MSTR holders (the OG stock) get Bitcoin yield

Yes, you read that right — USD for the cautious, BTC for the brave.

This dual-yield structure is already making waves on X, with crypto diehards and yield hunters both tuning in.

It’s a bold move that ties Bitcoin even deeper into public markets while giving traditional investors a more familiar income stream.

Will it pump $MSTR’s cult following even harder? Time will tell.

But Saylor's clearly not done turning Wall Street into BitStreet.

FOREX

💥 Why the Yen’s Been the Wildest Ride in the G7

If USD/JPY has felt like a heart monitor lately — yeah, it’s not just you.

The Japanese Yen (JPY) has officially claimed the title of most volatile G7 currency in early 2025. And no, it’s not because Japan got aggressive — it’s because they didn’t.

📊 Why Is the Yen So Jumpy?

📉 Interest Rate Divergence
While the Fed & friends hiked rates like crazy, the Bank of Japan (BOJ) kept things chill. Only recently have they started tightening, and markets are skittish about what’s next.

💵 USD/JPY Whiplash
The pair surged past the 150 mark — a big psychological level — as U.S. rates stay high and traders pile into dollar carry trades.

🧨 BOJ Interventions (or the threat of them)
Traders live in fear of a sudden BOJ move to stop the Yen from free-falling. One hint of intervention and markets can flip in seconds.

🌍 Geopolitical Spikes
As a safe-haven, the JPY jumps every time headlines get spicy — think war talk, inflation scares, or even just a moody Fed.

🔮 USD/JPY Forecast (Apr–Jun 2024)

📌 Current Price: 150.44
📈 Expected Range: 153.20 – 156.10

Here’s the bullish case:

• Fed firm, BOJ dovish = rate gap widens

• Carry trade boom continues

• Global risk = strong dollar

But beware:

• BOJ could step in if 155+ breaks

• Hawkish BOJ surprise

• Weak U.S. data could flip the script

📈 Techs Say: If we clear 151, momentum could carry us to 156.10.

🧠 Final Word (and a Healthy Disclaimer)

Nobody — not Powell, not Saylor, not even that one guy on X with 100% win rate screenshots — knows what’s going to happen.

But thinking through macro + momentum like this? That’s how traders stay ready.

This isn’t financial advice. It’s a cheat sheet for making your own calls — and hopefully, fewer panic trades.

PROP FIRMS

🤑 Thursday Motivation

🚀 Pre-Market Fuel

1. OpenAI expects its revenue to triple this year to $12.7 billion.

2. The Treasury Department is set to fire a “substantial” number of employees.

3. Google drops 3% and YouTube now captures 11% of TV viewership.

4. Trump wants a deal done with TikTok.

🍪 Munchy Memes

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