Elon's ego just cost you 7%

😎 Market Vibes

It's Monday, July 7, 2025, and the markets are already sweating. Elon's launching a political party (because of course he is), Nvidia's getting price target love but still sagging, and OPEC just made gas a bit less gouge-y. Oh - and gold's down on "world peace," so if you've been waiting to jump in before the next panic, this might be your moment.

🧨 Volatile vibes with a side of political drama

• Elon's ego just cost you 7%: Tesla tanks premarket after Musk drops a surprise "Hey, I'm starting a political party!" like it's a new baby mama. Investors were not amused.

• Nvidia gets a price target bump... and still bleeds: Citi says NVDA is worth $190 now, but the chip beast shrugged and slipped anyway. Thanks, tariffs.

• OPEC+ drops a curveball, oil drops harder: Brent and WTI both slid as producers unexpectedly pump more. Gas might be cheaper... if your car ever ships.

• Gold takes a dive: Shiny metal is suddenly a little less shiny. Wedding season buyers, this is your moment - get in before it glitters again.

• Bitcoin chills at $109K: Bulls whisper sweet nothings about $200K targets. We've heard that before... but hey, hope trades well.

💸 Trade Talk

Tesla isn't just a stock anymore - it's a personal extension of Elon's latest midlife crisis. The "America Party" launch is Musk doing Musk, and the market's reaction was basically: "Bro... no." TSLA free-falled faster than his filter, and we're all just along for the memecoin-fueled ride.

🧠 Big Brain Energy

~$3,320 - That's where gold sits near today, down 0.7% after Trump's trade diplomacy cooled global tensions. Peace, apparently, isn't great for panic buys. But if you've been waiting for a dip to hop on the gold train, this might be your golden hour.

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🧨The Outrage Meter

Elon Musk deciding "President of Tesla" wasn't enough and launching his own party is peak billionaire behavior. It's giving "Tony Stark meets Kanye 2020." Wall Street hates it. Twitter loves it. Your portfolio? Not so much.

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🤔What Do You Think?

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