Month/Quarter ends and everything is just peachy

Banks got some good news - you can't have a prolonged rally without the financial sector

Bond yields soften a bit as Trump closer to Shadow Fed announcement

ATH for SP 500 and NAS100 (DJIA and Russ2000 still lagging)

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 Warm-Up
- More companies are doing this again..
- Make Showering Great Again! MSGA
- - - Twitter Poll -
- New ways to buy stocks via tokens
- Musk/Trump Feuding Again

Markets
- Month/Quarter ends and everything is just peachy
- Banks got some good news - you can't have a prolonged rally without the financial sector
- Bond yields soften a bit as Trump closer to Shadow Fed announcement
- ATH for SP 500 and NAS100 (DJIA and Russ2000 still lagging)

Historically...
- Once we know the pattern - we know what usually happens next!
 Stocks by Month
Circle (CRCL)
- MONDAY: Circle reverses ground after initially trading lower on JP Morgan initiation at Underweight and $80 price target.
- Note that several analysts' targets came in above $200.
- Stock down 15% since we mentioned last week (short idea)

Good News for Showering? MSGA
- As we know, Trump has railed against modern dishwashers, washing machines, light bulbs, showerheads and toilets, claiming that onerous government regulations render them less effective and more expensive.
- On April 9, Trump issued an executive order directing certain federal agencies “to incorporate a sunset provision” into a laundry list of energy production regulations, including those covering appliances. A month later, he issued a memorandum, entitled “Rescission of Useless Water Pressure Standards.”
- Following that, on May 12, the Department of Energy announced that it was preparing to eliminate or modify 47 federal regulations “that are driving up costs and lowering quality of life for the American people.”
- Many of the rules are covered in the Energy Policy and Conservation Act (EPCA), a decades-old law that mandates energy-efficiency and water-conservation standards for home appliances and plumbing fixtures.
- Meanwhile, the Environmental Protection Agency said it is planning to eliminate the Energy Star program, a popular voluntary initiative that manufacturers employ to rank their appliances based on energy conservation and cost savings, displayed on familiar blue labeling at retail as comparison-shopping guides.
- Twitter Poll 
 Twitter Poll
Just in....
- Shares of renewable energy companies are rising after a tax on solar and wind was removed from the Senate version of the One Big Beautiful Bill Act.
The Senate narrowly passed the legislation Tuesday and will now be considered by the House of Representatives.
The American Clean Power Association had warned that tax would up to $7 billion to the wind and solar industry’s burden.

Next Level?
- Robinhood launches stock tokens, reveals Layer 2 blockchain, and expands crypto suite in EU and US with perpetual futures and staking
- With tokenized stocks, our European app transitions from being a crypto-only app to an all-in-one investment app powered by crypto.
- European customers will have access to 200+ US stock and ETF tokens. Stock token holders will also receive dividend payments directly in their app.

Big Beautiful
- Clears first hurdle in the Senate (procedural)
- Needs to get going on the rest if they want to have it signed into legislation by July 4th
- Musk very vocal about the fact it is it is "utterly insane"
- Musk says: will “destroy millions of jobs in America and cause immense strategic harm to our country!” in a post on X.

MUSK not happy
- Elon does not like the massive spending bill - w...

DHUnplugged #759: MSGA