Rhett Zeid

The $TSLA/Macro Kaioh. B/S in Financial Planning/Wealth Management. 2018 Model 3. E-Commerce Store Founder. Philadelphia Eagles Armchair QB. Trader.

[Rhett Zeid @RhettZeid]

$TSLA $SPY

06/05/26 Pre-Market Show $TSLA/NFP/UE Rate/Macro Daily Outlook https://t.co/LQ9fPaWvyj

[Rhett Zeid @RhettZeid]

Not sure how Trump would not truly end the conflict in Iran very soon with a strong labor market and higher inflation killing any sort of rate cut prospects on top of high energy costs/gas prices in prime traveling season

He was touting primary elections for candidates he endorsed as a sign he will have no issue with the midterms but I think that’s just very naive since people could always vote the other way on the general elections

Despite the market’s recent positive performance this is something people are really feeling because of what they are now paying at the pump and how stressed and confused they are with how the news cycle is playing out

The common person wants certainty and peace not confusion and conflict constantly

[James E. Thorne @DrJStrategy]

Wall Street Mistakes World Cup Noise for Inflation

Wall Street’s inflation scare may owe more to the World Cup than to the underlying economy. The tournament is delivering a meaningful, if temporary, economic boost, one that is flattered in the data but poorly understood in the policy debate.

Friday’s payrolls report reflects that distortion. Leisure and hospitality accounted for roughly 70,000 of the gains, consistent with event-driven demand: fuller bars, higher hotel occupancy and temporary hiring in host cities. This strength is echoed across pockets of services activity even as goods and broader indicators soften. Meanwhile, government added 52,000 jobs, alongside 40,000 in health and education categories shaped more by fiscal settings and structural demand than cyclical heat.

Mega-events reallocate rather than create demand, amplifying visible activity while masking underlying softness.

The typical Keynesian response, that a firm report signals inflation and demands tighter policy, looks misplaced. For the Federal Reserve, the risk is mistaking a football-fuelled boost for persistent pressure, and tightening into what is, in part, a statistical mirage.

[First Squawk @FirstSquawk]

META WEIGHS RAISING TENS OF BILLIONS IN NEW SHARE SALE: FT

[Rhett Zeid @RhettZeid]

All the new day traders are finding out today LOL

[Rhett Zeid @RhettZeid]

@melissa_marlatt Probably next week if anything

[Rhett Zeid @RhettZeid]

$TSLA When you are undercutting the Put Floor like this, it SCREAMS BTFD

[First Squawk @FirstSquawk]

TESLA PUSHES ROADSTER DEMO TO AUGUST - THE INFORMATION

[Rhett Zeid @RhettZeid]

Unfortunately had to cut my recent $SPY and $IWM buys to make room to buy more $TSLA calls now that it is lower

[James E. Thorne @DrJStrategy]

Wall Street is still trading like we’re stuck in a secular‑stagnation Keynesian world where growth is a problem to be stamped out, not an asset to be compounded. A solid jobs report hits the tape and the Pavlovian response is immediate: “too hot, inflationary, the Fed has to hike.”

That entire chain of reasoning is obsolete.

For the Keynesians who still dominate the Street, growth always and everywhere shows up as inflation, so every upside surprise in payrolls is treated as a demand shock that must be punished with tighter policy. Good news on employment is mechanically reframed as bad news for rates, and by extension bad news for risk assets. It’s the same 2010s playbook, mindlessly recycled.

But we don’t live in that world anymore. We live in a supply‑side world, where incremental jobs are being created by re‑industrialization, energy build‑out, and AI‑driven productivity, not by one more hit of demand stimulus. Yes, a Trump, American System era. This kind of growth expands capacity and potential output; it doesn’t simply bid up prices against a fixed supply curve. Treating productivity‑linked job creation as inherently inflationary is not just lazy, it’s analytically wrong.

The real risk now is that Wall Street’s Keynesian reflex keeps misreading supply‑side growth as an inflation problem and keeps insisting “rate hikes must follow.” That is how you end up systematically mispricing both the durability of the expansion and the path of policy, trading a dead framework in a live, shifting regime.

[Rhett Zeid @RhettZeid]

$TSLA $SPY

06/05/26 Pre-Market Show $TSLA/NFP/UE Rate/Macro Daily Outlook https://t.co/LQ9fPaWvyj

[Rhett Zeid @RhettZeid]

$SPY

We love greatness don't we?

[Rhett Zeid @RhettZeid]

$TSLA Bullish divergence just below 180sma and at put floor support

IMO setting up a hard reversal with bears celebrating

[Rhett Zeid @RhettZeid]

Added $TSLA calls

[Rhett Zeid @RhettZeid]

Added $SPY $NVDA $QQQ $IWM calls

[Rhett Zeid @RhettZeid]

$SPY

Crazy strong non farms and steady UE rate

[Rhett Zeid @RhettZeid]

$TSLA $SPY

06/05/26

Good morning!

It’s jobs day!

We are set to have our ext NFP/UE Rate report due in less than 30mins from now looking at the health of the labor market and see how the bond yields react to the news to see if there will be more room for the market to move higher

As per usual the report will need to be weak enough to drop the yields but not weak enough to spur recession fears

This will be our only data for today with the rest of the day being quiet other than another Trump pre-tape interview at 2:50pm

No major updates have been announced with regards to Iran and many talking heads discussing further about the SpaceX IPO

$DXY 99.20

Yields lower

$WTI 92.90

$BTC 62,099

$GLD 4467.37

$VIX 15.66

[First Squawk @FirstSquawk]

IRAN INFORMED PAKISTAN OF ITS ACCEPTANCE TO TRANSFER PART OF ITS URANIUM TO A THIRD COUNTRY IT AGREES UPON

[Rhett Zeid @RhettZeid]

Jamie Dimon: “The market is going to crash but before that happens make sure to buy the SpaceX IPO”

[Kalshi @Kalshi]

JUST IN: Jamie Dimon and Elon Musk launch SpaceX IPO roadshow in New York

[J.C. Parets @JC_ParetsX]

Momentum thrusts tend to come near the beginning of big cycles, not the end. This quarter, Tech just registered one of the largest momentum thrusts ever. Tell someone you think we're still early in this Tech cycle and they'll think you're crazy.