June 6th, three men and two dramas, each one is exciting. Everyone is busy watching the show, while Tesla stock investors suffer the most.

Hello everyone, I am the Old Mischief, a practitioner of tenfold growth in five years. In the new five years, we will grow and work hard together.

Last night, two people in their eighties had a one-and-a-half-hour conversation in the first half of the night Beijing time. The market sentiment was boosted by the news of the two heads of state talking, but no specific results were disclosed, and funds quickly took profits. Overall, the atmosphere of the conversation between the two was friendly, with a lot of goodwill given to each other, setting the tone for further negotiations by professional teams on both sides.
Additionally, there have been rumors of discord between two people in recent days, and everyone thinks they are straightforward people venting their grievances, so most people didn't pay much attention. Unexpectedly, the oldest one hung up the phone and had a public debate with the one who plays with rockets. You have to admire the spirit of the elder. Both sides revealed a lot of fierce material, but over there, saying some black material to each other is just entertainment for the audience, and it won't be too extreme.
The most hurt last night were the shareholders of Tesla, which plummeted over 14%. When we woke up in the morning, the stock price was at 280, and the 290-300 range we gave before the market opened was estimated to take two or three days to reach. It's really unpredictable.
Before the market opened today, there was news that the two who were arguing had eased a bit, and Tesla rebounded to around 300 in pre-market trading, which is some comfort for everyone's wounded hearts.
Just now, the non-farm payroll data was released, and the interest rate cut expectations have moved to September and December. It is estimated that another verbal battle between the two will erupt later.
$Dow Jones Industrial Average(.DJI.US) $S&P 500(.SPX.US) The non-farm payroll data pulled up a bit, but it is estimated that after the market opens, it will still adjust back.
$NASDAQ Composite Index(.IXIC.US) The expected adjustment range will be larger, as the stock prices of several tech companies have been weak recently.

The yield on the US 10-year Treasury note fell to 4.32% and then rebounded to 4.387%. The sentiment in the bond market has slightly improved, but we still need to see what the Federal Reserve can do.
Bitcoin fell below the $105,000 mark, retreating to $101,885. It will continue to fluctuate and decline later. The Dogecoin held has fallen significantly, and some positions have been closed. We'll see about the rest.
$Tesla(TSLA.US) fell over 14%, hitting a low of $273.21 during the session, rebounding over 4% before the market opened. It is estimated that there will still be selling pressure after the market opens, with trading around 290, and the outlook is not optimistic.
$NVIDIA(NVDA.US) fell 1.36%, maintaining around $140, and we remain on the sidelines.
$Broadcom(AVGO.US) plummeted over 3% after hours, despite exceeding expectations in its earnings report, but the performance guidance lacked highlights. The recent gains are considerable, and profit-taking needs to be digested.

 

Federal Reserve interest rate cut path: CME FedWatch shows a 2.5% probability of a rate cut in June, rising to 32.8% in July. However, the stagflation risk disclosed in the Beige Book may force the Federal Reserve to be more cautious between "fighting inflation" and "maintaining growth," maintaining a hawkish stance in the short term.
Trump policy uncertainty: The conflict with Musk reflects potential trade policy reversal risks (such as tariff adjustments), with tech stocks and multinational companies facing valuation suppression.

Pay attention to positions, although it seems like it won't fall, generally when everyone is full of confidence and fully invested, the market changes. This short period is hard to endure, and everyone needs to be patient and more patient.

$Hang Seng Index(00HSI.HK) 

$Hang Seng TECH Index(STECH.HK) 

$iShares barclays 20+ Yr Treasury Bd(TLT.US) 

$CSOP UST20(03433.HK) 

$FI2 CSOP HSI(07500.HK) 

$Proshares UltraPro Short QQQ ETF(SQQQ.US)