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The S&P 500 staged a massive turnaround today, wiping out yesterday's losses and pushing right back toward historical highs as 72% of the index closed green. Fluctuating headlines regarding the conflict with Iran served as the primary driver for today's market rally. President Trump reported that final negotiations to end the war are underway, though Iran's foreign minister countered that talks have stalled while Hezbollah rejected the U.S. State Department's ceasefire terms. Additionally, the House of Representatives passed a symbolic, non-binding vote to restrict the President's war powers, while sources indicate a full-scale war will not resume unless U.S. troops are killed. Shifting to crypto, MicroStrategy is currently grappling with its largest unrealized loss in history at negative 10.8 billion dollars. The strain is visible across the entire digital asset ecosystem, with Bitcoin dropping over 51% from its all-time high and leaving more than half of all circulating supply underwater. On the institutional front, retail access to the highly anticipated SpaceX IPO just expanded significantly as Fidelity slashed its minimum account entry requirement from half a million dollars down to just two thousand. This massive structural shift comes as Goldman Sachs projects SpaceX's AI and data center revenue to explode 100x to 322 billion dollars by 2030, underpinning its historic 1.78 trillion dollar IPO valuation. Looking ahead, the broader macro tape is bracing for a highly critical non-farm payrolls and unemployment jobs report dropping tomorrow morning right before the opening bell. Make sure to subscribe at the end for deeper technical setups and daily market breakdowns.
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0:00 Big Implications for Tomorrow
8:44 Favorite Setups & Predictions
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