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☕️ GM Munchers! The new NYC mayor says capitalism has failed, which is news to anyone holding Nvidia, Bitcoin, or a single share of Costco.

On today’s menu:

• 📈 Stocks Are Flirting with All-Time Highs Again

• 🤔 Why More Traders Are Skipping the Broker Account

• 🇺🇲 The US Dollar Hits A New Low

• 😭 Krispy Kreme Is Collapsing

• 🏘️ You Can Now Buy A House With Crypto

Yesterday’s numbers:

BREAKING NEWS

📈 Stocks Are Flirting with All-Time Highs Again

It’s like watching someone try to text their ex back—slow, awkward, but we’re getting there.

The S&P 500 barely moved yesterday but still hovers just 0.6% from its record close of 6,144.15. Investors seem cautiously optimistic after a surprise Middle East ceasefire actually (kind of) held up. Iran and Israel are still pointing fingers, but for now, oil traders are exhaling.

What traders should watch next:

• Risk-on sentiment is creeping back into the room.

• Energy prices could stay steady if tensions cool.

• If the ceasefire collapses again, expect safe havens (gold, USD) to spike.

Translation? Don’t get too comfy. Ceasefires in that region tend to have shorter lifespans than my last diet.

💾 Nvidia’s New All-Time High (Again)

Nvidia just did what my wife wishes I’d do with chores—break records consistently.

NVDA hit $153.53 intraday, smashing through January’s peak. It’s up 12% this month and now sits at a $3.7 trillion market cap—bigger than Microsoft and Apple. And this is despite being iced out of the $50B China market.

Why? Two words: AI chips. Demand is still booming, especially from data centers.

What traders should watch next:

• If NVDA holds this level through the week, momentum traders might pile in.

• $150 now acts as support.

• Anything under $145 could invite profit-taking.

If you sold too early like I did... congrats, we both need therapy.

₿ Bitcoin > $108K

Despite Middle East tensions and regulatory fog, BTC pushed above $108,000 for the first time in weeks. The crypto crowd has gone from doomposting to moonposting.

Contributing factors:

• Powell said the stablecoin industry has “matured.”

• Fannie & Freddie might consider crypto holdings for mortgage applications.

• Truth Social’s crypto ETF (yes, that’s real) got a boost from NYSE support.

What traders should watch next:

• $110K is the key psychological level.

• ETH and SOL lagged—potential catch-up plays?

• Political headlines are back to moving crypto again. Buckle up.

Also, if Bitcoin keeps this up, I might finally be able to afford that Tesla my wife says I “don’t need because we work from home.”

BROUGHT TO YOU BY

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FOREX

🇺🇸 Dollar Drops to 97.7. What Gives?

The US Dollar Index (DXY) just dipped to 97.7—its lowest level since early 2022. Translation? King Dollar just got demoted to assistant manager.

What happened:

• Powell spoke Tuesday and basically said, “Yeah, we’re not rushing to cut rates... unless tariffs hit hard, then maybe.”

• But the market didn’t buy the tough talk. Futures are now pricing in two cuts by year-end—September and December.

• Add in weaker macro data (contracting GDP, falling consumer confidence), and you get a dollar that’s losing muscle faster than a trader during dry January.

Why markets care:

• Lower rates = weaker USD. That’s bullish for risk assets, non-USD currencies, and even my crypto bag that’s been underwater since 2021.

• Tariffs and Middle East tensions also weigh on the dollar’s "safe haven" appeal. Turns out, being the adult in the room doesn’t pay when no one trusts you.

• Nvidia and Bitcoin, the unofficial co-captains of risk-on sentiment, are flexing—Nvidia hit a record $153.53, BTC popped over $108K.

What traders should watch next:

• DXY is testing a key support zone (97.60–98.39). A clean break below? Could open the gates to 95 or even 90.

• If the dollar keeps sliding, watch for strength in:

  • Commodities (oil, gold) 📈 

  • Emerging market currencies 📈

  • Tech and crypto (a.k.a. the “I told you so” sectors) 📈

I told my wife the dollar’s losing value. She said, “Cool. So are your excuses for losing trades.”

MARKET OVERVIEW

🍿 Tasty Movers & Shakers

$BB ( ▼ 0.5% ) BlackBerry is up 13% after raising its revenue outlook. Yes, that Blackberry.
No, millennials aren’t suddenly ditching iPhones for QWERTY keyboards. Turns out, they’re pivoting hard into cybersecurity—and apparently, that pays better than making phones nobody wanted.

$QS ( ▲ 7.69% ) QuantumScape popped 32% after announcing a breakthrough in their manufacturing of “solid-state lithium-metal batteries.” What does that mean? We have no clue. But when a stock jumps 30% in a day, we pretend we do. #science

$MU ( ▼ 4.16% ) Micron beat earnings by $0.32 and crushed revenue estimates. The stock’s already up 45% this year and clearly doesn’t believe in slowing down. Wish we could say the same about our trading account.

$DNUT ( ▼ 3.75% ) Krispy Kreme is down 73% in 2025. We’ll give you a minute to process that. Even worse—our emotional support donuts are now technically a depreciating asset.

PROP FIRMS

🤔 Are 3-Step Challenges Worth It?

🚀 Pre-Market Fuel

1. 🏘️ Cryptocurrency can now be used to buy a house.

2. 🇪🇸 Trump is angry with Spain.

3. ❌ Socialism is on the rise. Here’s why that’s terrible.

4. 👀 This new influencer-run company just bought 1,208 Bitcoin.

🍪 Munchy Memes

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