Look, bro, today the market hasn’t been anything special. Wall Street closed in the red because the Fed chair, Warsh, again talked up a focus on inflation. So, the dream of rate cuts is still far away. There’s an interesting piece of news on Broadcom—BNP thinks the stock could benefit from a jalapeño angle. Yeah, there’s a deal or something involving spicy chip makers, but I didn’t read the details. The gist is that Broadcom might get a positive catalyst. And there’s a smaller stock, Expion (XPON), which is entering oil & gas with an 8% convertible debt. There will be dilution, but if the pivot works, there could be upside. It’s risky, but let’s see. There’s also news on Kalshi—the 9th Circuit sided with the states in a gambling fight. Arizona’s prosecution could be revived again. That could add some pressure to prediction markets. And yeah, the NYT has an article comparing social media to Big Tobacco. It’s a big topic, but I don’t see a direct impact on the market right now. Overall, today’s mood is a bit dull. The Fed’s hawkish tone is dominating everything. No major move is showing up. What do you think—will this stance from the Fed push the market even lower, or is this already the bottom?

⚠️ Personal analysis, not financial advice.

#Trading #Binance #StockMarket #FederalReserve #Economy

--
Disclaimer: My personal analysis, not financial advice. DYOR.