As we anticipated, capital rotation from institutional investors who want $SPCX allocation needed cash. 6/12 date locked and bookbuilding happening June 8th, managers trimming tech/growth positions today to free up dry powder is a real mechanism. The timing isn't coincidental.
Tech selloff carrying over from Broadcom $AVGO extended its post-earnings declines. AI/chip names hit hard — $NVDA, $AMD, $MU all dropped on valuation concerns. However, valuation concerns were NOT a thing as these companies' stock prices skyrocketed. Fundamentals still matter!
95.51% as of 6/5/2026
Rebalancing today. Keep an eye on your HYSA interest rates. Many have gone down the past few months. However, there are some bonus deals out there exceeding national averages.
Added to $SCHD and $PFFA. Next dividend $JNJ 6/10, $MSFT 6/12.
If you own part of an S&P 500 index fund — you're already in. 401K, Roth, HSA, we calculated roughly $14,000 in "involuntary" $SPCX exposure just from our index funds alone.
No direct purchase. No IPO hype. Just sitting there loudly in the index.
Know what you own. 🚀
Kalshi is pricing a 90% chance that Musk becomes a trillionaire off the $SPCX IPO.
DraftKings is running parlays on improbable outcomes.
Retail lined up to buy at $135/share — 100x sales — on a company that is still losing money.
This is what the "casino economy" looks like.
95.54% as of 6/3/2026
Rental property revenue hit today, $JEPI and $JEPQ will be put to work 6/5.
6/8 ex div date $MAIN-15.91% YTD
6/15 ex div date $ARCC -.66%YTD
6/23 ex div date $CNQ +41.98 YTD