No Tokens Left: Dave & Buster's Crashes After Ugly Quarter

😎 Market Vibes

Happy Tuesday. The vibes are weird. Retail sales are strong, job growth is weak, and the market's cheering like it's all part of the plan. Oracle's up on vibes, Dave & Buster's is down bad, and traders are treating the Fed like it’s Santa. Let's get into it.

🔮 Manifesting a soft landing

• 🏦 Fed Watch: Futures inch higher as traders lock in a 25 bps cut for this week's meeting. If Powell swerves, it's tantrum time.

• 📱 ORCL Surge Alert: Oracle jumps ~6% premarket on rumors it could help run TikTok under a new U.S.-China deal. Who needs earnings when you've got whispers?

• 🎮 $PLAY Meltdown: Dave & Buster's gets smoked (-17%) after missing revenue and botching same-store sales… Wall Street just ghosted happy hour.

• 🧑⚖️ MAGA Hawk Lands at the Fed: Trump pick Stephen Miran squeaks onto the Fed board (48-47), adding a potential rate-hike voice to the mix.

• 📉 New Bull Case Just Dropped: Fewer hires, lower inflation, rate cuts inbound. A "jobless expansion" is the new soft landing.

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💸 Trade Talk

The market is fully hopped up on rate-cut hopium - and with Trump pick Stephen Miran sliding onto the Fed board, the expectation game just got even weirder. A clean 25 bps cut is the baseline, but bulls are sniffing around for something juicier. If Powell plays it coy or hawkish, brace for tantrums.

🧠 Big Brain Energy

+0.6% - August retail sales smashed expectations (double the ~0.3% forecast), and Wall Street's treating it like a green light for Fed rate cuts. Never mind that people are spending while jobs cool off - the new dream is a "jobless expansion" with soft inflation, soft labor, and hard stock prices. Makes total sense... if you squint and ignore everything.

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🧨The Outrage Meter

What's wilder - Dave & Buster's getting obliterated for missing revenue by a hair, or Oracle rallying 6% just because someone whispered "TikTok" near a Bloomberg terminal? One gets punished like they lit their earnings on fire, the other gets rewarded for maybe possibly being part of a deal that hasn't even been confirmed. It's giving full-on rumor rally vs. reality reckoning - and the market's eating it up like it's happy hour.

🤔What Do You Think?

✌️ Thanks for vibing with us. Hit reply and let us know your take on today's market madness.

⚠️ WARNING: Market data is subject to rapid change. Verify current information before making trading decisions.

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