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ššThe market soared, but reality's knocking at the door. Here's what moved:
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Trump-Japan tariff deal slashes duties to 15% ā but GM still ate a $1.1B punch to the gut
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Big Tech rallies into $GOOGL and $TSLA earnings tonight ā $3T of risk on deck
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Healthcare gets shredded by Trumpās megabill ā UNH -5%, ELV -9%
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Options market explodes: whales piling into $COIN calls and $SPY hedges
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Meme stocks rollercoaster again ā $KSS, $WEN, and $OPEN go full Reddit
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Dark pools print like itās fiscal New Year
Big Bets of the Day
š $COIN Aug 1 $435 calls ā $5M sweep
š $SPY Sept 19 $480 puts ā 50K contracts
š $XOP Jan ā26 $115 puts ā Fade the oil bulls
š $CELH Jan ā26 $55 calls ā Quiet conviction bet
What to Watch Next
š Jobless claims & PMI data
š§ Intel, Honeywell, Blackstone earnings
š° Teslaās margins + Alphabetās AI hype = market mover
š The bulls are drunk on hopium. One earnings miss? Weāre in the blender.
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