1. 57k payrolls vs 113k expected, Atlanta Fed just slashed their GDP tracker from 3% to 1.2%, and the new Fed chief says inflation is still too high and won't hint at July cuts. Three ugly macro prints on the last session before July 4th. Crowd's answer: 'believe it or not, calls.' Could be it's priced in. Could be the real reckoning waits until volume comes back next week.
2. Burry filed new AI short bets calling it 'the beginning of the end.' Palantir's CEO went on TV calling AI models 'irresponsibly oversold.' $NVDA's most upvoted post is someone who bought $800k at last Friday's top and is blaming himself for tanking semis. Crowd is treating all three as contrarian buy signals. Maybe they're right. Maybe this is what froth looks like from the inside. Nothing heroic here.
3. $WEN is down 3.8% at $8.60 and six-figure YOLOs are still hitting the feed. $HOOD is up 3.76% to $112.73 and someone turned it into a 1500% gain. Pre-holiday session, thin volume, crowd is numb to wins and losses alike. Sit on hands.
Aggregated and distilled by Two Sentence Traders. Not financial advice.