WAAAGH!🍀

Half cash, half stock

[Orange Book 🍊📖 @orangebook]

Smart people make smart decisions as long as they genuinely don’t think of themselves as smart; bad luck begins with unnoticed arrogance; good luck continues with genuine humility.

[CoveredGeekly @CoveredGeekly]

Edward Norton talking to himself at the game

[DiscussingFilm @DiscussingFilm]

The final season of ‘THE BEAR’ is now Certified Fresh on Rotten Tomatoes at 97%

Now streaming on Hulu and Disney+

[Subaru @subaru_usa]

Manifesting this #DrivewayGoals shot as part of our weekend plans. Where are you heading for a #SubaruAdventure? #FridayFeeling (📸: Brad Valerine)

[WAAAGH!🍀 @saveee21]

@Polymarket not your home, what they are crying about?

[Ed Elson @edels0n]

OpenAI spent roughly as much last year as the US government spent on the FBI and NASA combined.

The return on all that? A $21 billion loss. 👇

[James Clear @JamesClear]

You are better equipped to deal with stress when you are moving.

When you feel tense or frustrated or worried, it is difficult to think your way into feeling better. The more you think about the situation, the larger it becomes in your mind. Trying to think your way out of it often leads to a spiral of overthinking and rumination.

The first step is not to think something different, but to do something different. It doesn’t matter what. Stretch on the floor, go for a walk, work on a project. Get out of your mind and move your body.

[Evan @StockMKTNewz]

SK Hynix stock is about to begin trading on the US exchanges on July 10th

[MC @CrewsMat10]

🚨🎙️ Zlatan Ibrahimović on Cristiano Ronaldo saying “I’m back” after scoring a brace:

“I thought he said he never left. I don’t know why he was yelling I’m back.” 😭😭

[The Kobeissi Letter @KobeissiLetter]

What is happening with the stock market? Let us explain.

First, tomorrow's Micron earnings release, $MU, now feel a lot like Nvidia earnings days in 2023 and 2024.

Speculation over Micron's earnings is a key factor driving this volatility.

The stock is now worth over $1.2 trillion and driving a broader momentum-based rally that is largely dependent on sentiment around Micron's stock.

On top of this, South Korea's stock market, which has quickly become one of the top 6 in the world, fell -10% last night on reports that Korean lawmakers are discussing imposing taxes on unrealized gains from stocks.

Then, combine this with the fact that Korean market leverage is at record highs, with margin loans now up to $26 billion in South Korea, and levered ETF trading in the US is at record highs.

The result is amplified volatility in both directions, which also explains why the S&P 500 is already up +60 points from its opening low.

When you zoom out, the broader AI narrative has only strengthened and market volatility is completely normal after the run we just saw.

Capitalize on the volatility.

[Evan @StockMKTNewz]

Bank of America now raised its price target on Micron $MU stock up to $1,500 from $950 while keeping its Buy rating

[Bloomberg @business]

Taiwan's locals are borrowing so much to invest in the TSMC-fueled AI stock frenzy it's raising fears of a bubble. Read more: https://t.co/hht7TgiQi1

📷️: Lam Yik Fei/Bloomberg

[ThePrimeagen @ThePrimeagen]

"being smart has no value anymore."

this is the mentality that paves the road to hell

[Collin Rugg @CollinRugg]

Massive lines spotted outside of Trader Joe's across the country after the grocery store released a new $2.99 tote bag.

According to the Wall Street Journal, similar Trader Joe's bags have been listed online for $50,000 overseas in cities like London and Tokyo.

One East Coast mother and daughter say they purchased 24 totes that will be shipped as gifts to their family in South Korea.

In a recent statement, Trader Joe's announced it was filing a lawsuit to protect customers from knock-off totes.

"We are aware that some knockoff totes are being sold online and have recently filed a lawsuit to protect our customers from being misled," Trader Joe’s said in a statement.

Insane.

[Ed Elson @edels0n]

Some actual quotes from Trump on our Iran "deal"

On the strength of the deal: "It's a memorandum of understanding. If I don't like it, we'll go back to shooting at them."

On how long the US military will remain in Iran: "Probably a while."

On whether he sees 60-days as a hard deadline: "No I don't ... just as long as they're behaving I really don't care that much."

On the agreement to build a $300 billion reconstruction fund : "We're not investing, we do not have a fund."

On what's written vs. what isn't: "We have an understanding of certain things without writing it. And if they don’t honor that, we’ll probably go back to bombing them."

Let me put it simply:

We do not have a deal.

[Naval @naval]

It's the Age of Builders.

(sorry financiers and talkers)

[DAN KOE @thedankoe]

The fastest way to change your life is to rip yourself out of your (physical and digital) environment. Change everything overnight. The places you go, the accounts you follow, the info you consume, etc. It's difficult but it absolutely works.

[James Clear @JamesClear]

What is the real goal?

The real goal is not to “beat the market.” The goal is to build wealth.

The real goal is not to read more books. The goal is to understand what you read.

Don’t let a proxy become the target. Don’t optimize for the wrong outcome.

[Serenity @aleabitoreddit]

If I had to stereotype my X experiences with markets:

China 🇨🇳: set on cloning me with AI, can only think of trades in short term timeframes from A-shares PTSD.

America 🇺🇸: bullish on anything futuristic like $SPCX, don’t care about valuations

Europe 🇪🇺: from $SIVE to $SOI, cares more about water usage than the AI buildout. Somehow can only look at past 12 months. (Belgium is cool so far), looking at you France + Sweden

Korea 🇰🇷: leveraged degens. I’ve never seen a market so volatile. Equivalent of 50x hyperliquid traders but with stock markets.

Japan 🇯🇵: somehow supportive of everything, haven’t seen any Japanese person aggressively bear post and short stocks before.

Not enough data on other places yet like Latin America, but will have some soon enough ig.