@KobeissiLetter If earnings keep surprising to the upside, this could be the beginning of a much bigger earnings cycle rather than just a temporary boost.
The data is definitely worth watching. ๐
JUST IN: ๐บ๐ธ Rate-cut expectations are shifting sharply.
After the U.S. posted its 3rd-largest monthly job loss since 2020, markets are now pricing out expectations for a Fed rate hike next month.
๐ Weak jobs data
๐ Rising recession concerns
๐ Higher odds of a Fed pivot
The big question now: Could the Fed be forced to turn dovish sooner than expected? ๐
#MarketNews
JUST IN: ๐บ๐ธ Rate-cut expectations are shifting sharply.
After the U.S. posted its 3rd-largest monthly job loss since 2020, markets are now pricing out expectations for a Fed rate hike next month.
๐ Weak jobs data
๐ Rising recession concerns
๐ Higher odds of a Fed pivot
The big question now: Could the Fed be forced to turn dovish sooner than expected? ๐
#MarketNews
๐จ JUST IN: U.S. JOBS REPORT MISSES BADLY
The U.S. ๐บ๐ธ economy unexpectedly lost 23,000 jobs in July, versus expectations for +80,000.
Even worse, May and June were revised down by a combined 103,000 jobs. ๐
The unemployment rate held at 4.1%, but the headline is misleading โ more than 260,000 people left the labor force.
Wage growth came in at 3.2% YoY, suggesting that real wage gains remain limited.
#US
#SPCX
$SPCX
Here are the 3 possible outcomes for SpaceX:
๐ข BULL CASE
Revenue beats $6.8B, Starlink exceeds $3.82B, and losses narrow significantly.
Options markets imply a potential +10% to +15% move, putting the shares around $126โ$132.
That would bring the $135 IPO price back into focus.
๐ก BASE CASE
SpaceX meets expectations, but continues to spend aggressively on AI and Starship.
The stock could struggle to move higher, especially with roughly $104B in insider shares becoming eligible for sale two days later.
๐ด BEAR CASE
Revenue misses expectations, losses remain close to Q1 levels, or spending accelerates further.
A -10% to -15% decline could push the shares toward $97โ$103, potentially setting new lows.
At the current price, SpaceX is valued at around $1.5T.
To reach a $3T valuation again, the stock would need to nearly DOUBLE from here.
๐ So, whatโs your call?
Bullish ๐
Neutral โ๏ธ
Bearish ๐
@elonmusk ๐
#SPCX
$SPCX
Here are the 3 possible outcomes for SpaceX:
๐ข BULL CASE
Revenue beats $6.8B, Starlink exceeds $3.82B, and losses narrow significantly.
Options markets imply a potential +10% to +15% move, putting the shares around $126โ$132.
That would bring the $135 IPO price back into focus.
๐ก BASE CASE
SpaceX meets expectations, but continues to spend aggressively on AI and Starship.
The stock could struggle to move higher, especially with roughly $104B in insider shares becoming eligible for sale two days later.
๐ด BEAR CASE
Revenue misses expectations, losses remain close to Q1 levels, or spending accelerates further.
A -10% to -15% decline could push the shares toward $97โ$103, potentially setting new lows.
At the current price, SpaceX is valued at around $1.5T.
To reach a $3T valuation again, the stock would need to nearly DOUBLE from here.
๐ So, whatโs your call?
Bullish ๐
Neutral โ๏ธ
Bearish ๐
President Trump just dropped this line when asked why heโs stepping in to help the Japanese Yen:
โJapan has been very good to us.โ
โWith the EXCEPTION of Pearl Harbor
#Trump#president