BREAKING: Tom Lee’s $GRNY Granny Shots ETF has now added Robinhood $HOOD.

$TSLA TESSIE MOVING +3% OVERNIGHT Elon says anything positive about Optimus that the street hasn’t factored in over the coming months and this could get fun… Were the earnings bad? Yes. But the street doesn’t care. Imagine Elon says “Walmart has asked us to deliver 100K Optimus Bots by 2027.” What valuation model has something like that actually baked in? Now imagine if there are 50 different “Walmarts” that want to put in a purchase order for 50-100K bots? Just the idea of that alone could get the street to completely change how they view the name. Yes it’s expensive and robotaxi launch has to go well in Austin but people are betting on *potential* in $TSLA and the pure potential alone is what could be attracting investors in this current rally.

30-Year Treasury Yield jumps to 4.94%, sitting near the highest levels of the last 18 years

THEY TOOK HER DOWN TO $30 IN APRIL. THEY TOOK HER DOWN TO $45 AGAIN AFTER A MONSTER Q1. They cannot hold her down today. $HOOD +10% Why is Robinhood moving? - high beta against the market $SPX and $BTC, if both those take a big pullback then Robinhood can as well but both are recovering strongly from the April lows - highest amount of equity/option volumes in April (when the market fell) so now the market must be thinking that May could surpass April volumes as we are recovering - $NVDA & $PLTR are two of the top 10 assets on the platform, both are having HUGE days creating tons of trading volumes (people buying more, selling, hedging, etc.) so Robinhood actually benefits from companies like Nvidia and Palantir having big swings because of how heavily they are owned on the platform. Re

guys what a day… - S&P 500 erases all 2025 losses - $NVDA selling 18K chips into Saudi Arabia, unlocking billions of dollars of new revenue - Google, Salesforce, Oracle pumping $80B into Saudi Arabia for datacenter investments - Trump & every major tech leader including Alex Karp, Elon Musk, Jensen, Lisa Su, and more meeting with the Saudi Prime Minister - The Saudis committing to put in $500B+ into the US and begin using their oil money to seriously focus on building out an AI future - Inflation DOWN AGAIN for the 3rd month in a row - Multiple names like $PLTR, $NVDA, and $HOOD and more hitting 52-week highs or ATH ARE WE SO BACK?

BREAKING: Japan's 30-year government bond yield rose to 2.96%, its highest level in almost 25 years. At the same time, 40-year bond yield reached 3.44%, the highest since its debut in 2007. Yields on Japanese long-term bonds have DOUBLED over the last 2 years. This comes as demand for long-term bonds has fallen relative to elevated supply. The Bank of Japan has gradually shrunk the size of the balance sheet over the last 18 months while most major Japan’s life insurers have recently reduced their holdings of bonds. Japan is also one of the most indebted countries in the world, with a Debt-to-GDP ratio of 251%. The Japanese bond market is experiencing a structural change.

US executives are getting more concerned about the economy: The share of S&P 500 companies mentioning “recession” during their Q1 2025 earnings calls spiked to 23%, the highest since 2022. This percentage has surpassed levels recorded in all years between 2008 and 2020, except for 2010. Additionally, 62% of US CEOs expect either a slowdown or a recession over the next 6 months, according to the Chief Executive Group’s April survey of 329 US CEOs and business owners. 14% of respondents said they anticipate a severe recession. Are more layoffs coming this year?

US executives are getting more concerned about the economy: The share of S&P 500 companies mentioning “recession” during their Q1 2025 earnings calls spiked to 23%, the highest since 2022. This percentage has surpassed levels recorded in all years between 2008 and 2020, except for 2010. Additionally, 62% of US CEOs expect either a slowdown or a recession over the next 6 months, according to the Chief Executive Group’s April survey of 329 US CEOs and business owners. 14% of respondents said they anticipate a severe recession. Are more layoffs coming this year?

CHINA'S 🇨🇳 FINANCE MINISTRY JUST SAID: - WILL REDUCE THE 34% TARIFF RATES ON US 🇺🇸 GOODS TO 10%, PAUSE IN EFFECT FOR 90 DAYS - TO CANCEL ADDITIONAL TARIFFS IMPOSED ON U.S. PRODUCTS UNDER TWO LATER ROUNDS OF MEASURES

U.S. TREASURY YIELDS SEEN RISING TO 4.5–4.75%, WITH A 40% CHANCE OF EXCEEDING 5% IF RATE CUTS ARE DELAYED: METZLER ASSET MANAGEMENT GERMAN CLIENTS HAVE REDUCED EXPOSURE TO U.S. ASSETS, MEZLER ASSET MANAGEMENT SAYS METZLER ASSET MANAGEMENT MANAGES €77 BILLION ($85.4 BILLION) IN ASSETS

BREAKING: April CPI inflation FALLS to 2.3%, below expectations of 2.4%. Core CPI inflation was 2.8%, in-line with expectations of 2.8%. This marks the 3rd straight monthly decline in headline inflation. Inflation continues to cool down despite the trade war.

*US APRIL CONSUMER PRICES RISE 0.2% M/M; EST. +0.3% *US APRIL CONSUMER PRICES RISE 2.3% Y/Y; EST. +2.4% *US APRIL CORE CPI RISES 2.8% Y/Y; EST. +2.8% *US APRIL CORE CPI RISES 0.2% M/M; EST. +0.3%

US TREASURY: - US TARIFF REVENUES OVER THE PAST MONTH ARE NOW +$16B - BREAKS THE PREVIOUS SINGLE MONTH RECORD OF +$9B - ON TRACK FOR +$200B IN TARIFF REVENUES FOR THE YEAR - DEFICIT RISES TO $1T FOR FY25, +23% YTD

Truly incredible: 1. Trump raises tariffs: Yields rise because inflation is back 2. Trump cuts tariffs: Yields rise because growth is back 3. Trump does nothing: Yields rise because the Fed won't cut rates Today, the bond market becomes Trump and Bessent's top priority.

MARKETS BREATHE AS TRADE TENSIONS EASE The chance of a U.S. recession in 2025 has dropped to 43%, according to Kalshi, down 1.9 pts today. This comes after the U.S. and China agreed to slash tariffs to 10% from 125%, a major de-escalation in their trade war. The 90-day truce gives markets hope that the worst economic damage could be avoided.

BREAKING: US Treasusry Secretary Bessent says the US "can always go back" to April 2nd levels for tariffs on China. Bessent says it is "implausible" for tariffs on China to go below 10%. He also says current tariff levels are the floor and April 2nd levels are the ceiling.

REMEMBER: On April 3rd, Goldman Sachs data showed that hedge funds sold the MOST amount of stocks in a single day since 2010. On the same day, retail inflows were +4.7B, the greatest single day inflows from retail investors into the stock market in over 10 years. If the hedgies continues to stay on the sidelines for the majority of April...they will not be able to stomach the rally we are seeing right now. Either they will increase short exposure and completely go against this rally...if not, they will begrudgingly buy at higher prices and only continue to pump more capital into the current momentum.

U.S. AND CHINA TO CUT TARIFFS, EASING TRADE TENSIONS The U.S. and China agreed to sharply reduce tariffs, signaling a shift from conflict to cooperation between the world’s top economies. Key points from Geneva talks: 🔸 Trump’s tariff on Chinese goods drops to 10% from 125%. 🔸 A separate 20% fentanyl-related tariff stays in place. 🔸 China cuts its retaliatory tariffs to 10% from 125%. 🔸 The cuts are temporary, lasting 90 days as talks continue. Markets reacted strongly: 🔸 S&P 500 poised to recover losses since April. 🔸 Nasdaq-100 futures jumped 3.5%+. 🔸 Amazon, Apple, Tesla rose in premarket trading. 🔸 Dollar and bond yields climbed. The trade war had stalled U.S.-China trade and hurt businesses. This deal raises hopes of avoiding the worst economic fallout.

Once again, President Trump’s biggest problem persists even as trade deals are announced. Tariffs paused for 90-days, US-China trade deal has been announced, and inflation data is down. Yet, the 10Y yield is nearing 4.50% again. Trump needs lower rates, but rates won’t fall.