Soft landing just slipped on a banana peel 🤪🍌

😎 Market Vibes

GDP just shrank, mortgage demand’s falling, and yet somehow… the market’s still pretending.
Tech is holding up the headlines, but under the surface, cracks are spreading — from small caps to housing to consumer sentiment. Throw in stubborn inflation and tariff-fueled stockpiling, and we’re one data point away from full-blown whiplash. Let’s get into it.

🧃 Cooling optimism, rising reality

• 📉 GDP Goes Negative: Q1 GDP shrank by 0.3%, surprising economists who expected growth. The biggest drag? A surge in imports as businesses scrambled to front-load ahead of Trump’s new tariffs. So much for the “resilient economy” narrative.

• 📉 Small Caps Still in Pain: The Russell 2000 is down over 11% year-to-date. While big tech keeps masking the broader market, small-cap sectors — especially banks and real estate — are flashing recession vibes.

• 🏠 Mortgage Demand Slips Again: Homebuyers are backing off. Mortgage applications dropped 4% last week, hitting a 2-month low, even as rates dipped below 7%. It’s not just interest rates — economic anxiety is doing damage.

• 🔋 EV Sector Stalls Out: Lucid shares are down 18% YTD, and the broader EV sector is feeling the heat. Rising costs, soft demand, and a brutal rate environment are dimming the “next Tesla” glow.

• 📉 Meta Earnings Incoming — Eyes on Ads: Meta reports Q1 earnings after the bell. Analysts expect solid revenue, but investors are spooked by weak ad signals and ballooning AI infrastructure costs. If Reels flops, Zuck’s got a problem.

^_[sponsored]

The #1 free indicator I’ve used for the last 30 years (no one else does)

In 2008, I went on CNBC and warned of a huge crash in the market. They laughed at me on live television. I told readers to get out of stocks in February 2020 before one of the fastest crashes in US history. Others still were skeptical. I'm not guessing when I make these calls. All you needed was one, FREE indicator. This indicator alerts me when I should buy and when to sell. My name's Scott Redler. I'm one of the most well known traders on Wall Street. Get the indicator...and the 23-page book I wrote for you FREE.

💸 Trade Talk

The market’s two-faced this week: Big tech’s holding up the indexes, while everything else screams slowdown. GDP’s negative, housing is cracking, and rates aren’t helping. Investors are hunting for optimism, but the data’s starting to slap.

🧠 Big Brain Energy

Inventory hoarding just broke the GDP.
Imports spiked 41.3% in Q1 — one of the biggest quarterly jumps in decades — as businesses scrambled to load up ahead of new tariffs. But since imports subtract from GDP, that stocking binge blew a hole in the growth print. Tariff dodge = recession mirage

🧨The Outrage Meter

Mortgage rates dipped — and still, nobody’s buying.
Rates fell below 7% and buyers said “cool, still nope.” Mortgage applications dropped again, hitting a 2-month low. Between sky-high prices and economic anxiety, it now takes generational wealth (or denial) to make an offer on a starter home. Housing: technically not dead, just in a coma.

🤔What Do You Think?

^_[sponsored]

Why Silicon Valley & President Trump Are Backing This New Breakthrough

It's not artificial intelligence, cryptos, electric vehicles, or anything like that... In fact, Bloomberg estimates THIS will be 10 times bigger than all of them combined. Bill Gates, Jeff Bezos, and Sam Altman are all piling into it. Trump put his seal of approval on it on his first day in office. Get the details here.

✌️ 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.

DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in the linked report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in the linked report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. For full disclaimer information, click here.