SpaceX is now worth nearly $400B

Elon Musk’s SpaceX has hit a ~$400 billion valuation after a recent secondary share sale — up from ~$350B in December.

The key driver? Starlink. With around 4 million users, the satellite internet business is expected to bring in $15B in revenue in 2025.

Meanwhile, the company’s rockets — Falcon and Starship — are backed by a $22B contract pipeline from NASA and the U.S. Department of Defense.

candlestick patterns:

don't just blindly trade these.

set strict conditions that allow for proper testing.

once you determine a pattern has an edge that can either help determine bias or execute through data is when you can start to implement.

some pattern examples ↑

Dip Buying Set for a Historic Year

“Buying the dip” is on track for its second-strongest performance in the past 40 years — highlighting just how rewarding 2025 has been for patient bulls.

Apple Targets F1 Broadcast Rights in the U.S.

Apple is reportedly in talks to secure U.S. Formula 1 broadcast rights for 2025, challenging ESPN’s current deal (FT).

The push comes after the success of Apple’s “F1: The Movie,” which brought in $293M in its first 10 days.

10 Technical Trading Rules for Consistent Success

1. Trade with the trend – Start with the weekly chart, then zoom into daily/hourly.
2. Buy dips in bull markets, short rallies in bear markets.
3. Support/resistance often hold — but early breakouts tend to fail.
4. More tests = higher chance of breakout, and levels often flip roles.
5. Trendlines are your guide — draw left to right through higher highs or lower lows.
6. Chart patterns = visual signals of potential breakouts.
7. Use moving averages for entries, exits, and trailing stops.
8. Combine MAs with RSI for better profit-taking on stretched moves.
9. 52-week/all-time highs are bullish, lows are bearish.
10. Above the 200-day MA = uptrend, below = danger zone.

Price action over prediction. Discipline beats opinion.

JUST IN: The United States will impose new tariffs on several countries starting August 1, according to Donald Trump.

• A 25% tariff will be imposed on the Philippines and Moldova.
• A 30% tariff will be applied to Iraq, Algeria, and Libya.

These tariffs could lead to increased costs for businesses importing goods from these countries and may impact investor sentiment and market stability.

U.S. Market Cap-to-GDP Hits Record 208%

The U.S. stock market is now valued at 208% of GDP — an all-time high.
That’s a +43pp surge since April and a full double in 9 years.

For context:
• Dot-com peak (2000): 142%
• Long-term average: ~85%

JUST IN: Sales on the first day of the four-day Amazon Prime Day event declined by 41%.

JUST IN: Federal Reserve meetings reveal differing opinions on future rate adjustments.

• A few members expressed openness to a rate cut by July, contingent on data.
• Other members suggested no rate cuts would be warranted before 2025.

The conflicting views might cause uncertainty in the markets, influencing investor expectations and impacting the bond and stock markets.

JUST IN: Google stock, $GOOGL, declines following reports that OpenAI intends to launch its own web browser.

FOMC Minutes:

– Several participants noted that the federal funds rate may be close to its neutral level.
– Some participants indicated they would be open to considering a rate cut as early as the July meeting, if the data aligns with their expectations.
– Fed staff now expect higher real GDP growth in 2025 compared to the previous forecast, along with lower inflation.
– A few participants stated that the most likely and appropriate scenario involves no rate cuts in 2025.

Small Business Investment Hits Post-COVID Low

— U.S. small business CapEx index dropped to 50 in June — the lowest since 2020
— Sharpest monthly decline since April 2020 (NFIB)
— Current levels mirror the 2008 crisis
— Future CapEx plans fell to 21 — near 5-year lows
— Hiring plans rose slightly to 13, but remain weak

Economic uncertainty is putting pressure on small firms’ growth plans.

Mean Reversion Strategy

Price often reverts to its average after extreme moves. Mean reversion traders exploit this by:

— Spotting overbought/oversold levels using tools like Bollinger Bands or Keltner Channels
— Buying dips or shorting spikes near the 3rd standard deviation
— Targeting a return to the 20-day moving average
— Using stop-losses in case the trend continues

It’s not foolproof — but with proper risk/reward, it’s powerful in ranging markets.

Trump posted this on Truth Social.

The 50% copper tariff is now official.

Risk appetite surges as investors pile into leveraged ETFs

A record $135 billion has now flowed into leveraged ETFs — the highest level ever.
Risk-on mode is clearly back.