📌 Original Viewpoint Summary

🧊 Macro & Rates

• Rate-cut tape stays in control. U.S. June PPI came in cold across the board: PPI YoY 5.5% vs 6.2% expected, prior revised from 6.50% to 6%; PPI MoM -0.3% vs 0% expected, prior revised from 1.10% to 0.6%. Core PPI YoY 4.7% vs 5.2% expected, prior revised from 4.90% to 4.6%; Core PPI MoM 0.2% vs 0.4% expected, prior revised from 0.40% to 0.1%. The key read: every print missed low, and prior data got revised lower too. Dovish fuel. 1

• The current tape is pricing “inflation cooling + bank earnings beating expectations.” After June CPI, odds of a 25 bps Fed hike at the next meeting dropped from around 35% to 15%. June CPI MoM -0.4%, YoY 3.5%; core CPI MoM 0, YoY 2.6%. Short term, that keeps risk assets bid, though oil around 80 remains a macro overhang. 2

₿ Crypto & High-Beta Risk

• Crypto beta is catching a bid because macro is doing the heavy lifting. $ETH is near $1,940, while $BMNR is up double digits as buyers rotate back into high-beta risk. The trigger: softer inflation. CPI fell 0.4% month over month, core CPI was flat, and the follow-through came from a weaker PPI print. 3

📈 Index & ETF Setups

• $SOXL is setting up like the March pattern at the 100ema. Best bull case is not an immediate rip. It is a quick flush out of the bear flag, then a hammer candle. That would clean out weak hands and create a cleaner long setup. 4

• $QQQ is stuck in no man’s land. That usually means chop, failed breakouts, and low-quality entries. The edge is selective tape reading: only trade the “right” names, and do not force trades every day. 5

🚀 Single-Stock Trading Setups

• $RKLB has a key line in the sand: the 200dma support around $75ish. That level is the whole setup. Hold it, and dip-buyers can load. Lose it, and the structure weakens fast. 6

• $PYPL trading around $57 and sitting only a few percent off the buyout price is notable. In early-stage deal situations, the spread is usually wider because the market prices deal-break risk. A tight spread suggests the Street may be leaning toward a higher probability of follow-through, similar to Burry’s positioning. 7

• $ORCL is a tight-stop tactical trade, not a high-conviction swing. Entry was taken near end of day, but the plan stays nimble: possibly just a day trade to make “a little coin,” with risk kept tight. 8