This goes against what I believe about the moral imperative of money serving as an honest measure. Money is private property—it needs to be a dependable store of value. Government should not be able to manipulate the value of money you have earned as just another economic x.com/ecb/status/194…

VIX Options Review VIX Volatility Index between 2025-07-18 and 2025-07-25 Model:BlackScholes Calendar:Actual #CBOE #VIX #VIX #Options #Vol #VolOfVol Please visit commodityvol.com/permalink/perm…

$SPX Open gaps below since the April lows. And just a reminder, downside gaps don't always fill. But upside gaps ALWAYS FILL. There are quite a few from 2009 that never filled and will never fill in our lifetime. But still, just for shits and giggles.

Europe is heading for the next humiliation. If #Nvidia continues its triumphal march, the chip manufacturer could soon be worth more than the 50 largest comps in the Eurozone.

#BigPharma Merck $MRK 81.09 -2.97 -3.5% Beat EPS expectations by $0.11, revenues in-line, Guides FY25 EPS above consensus and FY25 revenues in-line UnitedHealth $UNH 280.11 -2.01 -0.7% Missed EPS expectations by $0.40, revenues in-line, guides FY25 EPS & revenues below consensus

Traders Community ThePitBoss one hell of a sell the fact scenario. $BA

US consumer confidence rose in July as concerns eased about outlook for the broader economy & labor market. - Conference Board index +2 to 97.2 v exp 96 - Expectations for next 6 months rose July to 74.4, highest since February, - Present conditions fell to 131.5. #SPX

Here ya go #OOTT

Worse S&P 500 #SPX performers so far: -Carrier Global $CARR 72.01 -8.17 -10.2% after beat EPS expectations by $0.01, revenues in-line, & reaffirmed FY25 EPS & revenue guidance. -UPS $UPS 92.12, -9.46, -9.31% after missing EPS expectations by $0.01 while beating rev expectations.

Fed keep rates unchanged at 4.25% to 4.5% and Bowman and Waller dissented as we speculated at #FOMC Next Up: Powell to hold press conference at 2:30 PM ET.

2024 Elizabeth Warren: Jerome Powell needs to cut interest rates. 2025 Elizabeth Warren: Trump needs to stop calling for Jerome Powell to cut interest rates.

Microsoft Q425 Beat: $MSFT 548.50 +35.26 +6.87% AH EPS $3.65 v exp $3.35 Rev $76.44B v exp $73.89B Intelligent Cloud Rev $29.88B v est. $29.1B Azure & Other Cloud Rev Ex-FX +39% v exp +34.2% More Personal Comp $13.5B v exp $12.64B Productivity/Biz Processes: $33.1B v exp. $32.2B

Meta Q225 Beat $META 761.00 +65.79 (+9.46%) AH EPS $7.14 v exp $5.89 Rev $47.52B v $44.83B Operating Inc $20.44B v $17.24B Ad Rev $46.56B v $44.07B Family of Apps Rev $47.15B v $44.4B; Op Inc $24.97B v $22.16B Outlook Q3 Rev $47.5B–$50.5B v exp $46.2B

Robinhood Q225 Beat $HOOD 107.20 +1.10 +1.04% AH EPS $0.42 v exp $0.34 Rev $1.01B v exp $989M Net Rev $989M v exp $921.5M Adj EBITDA $549M v exp $457.2M • Options Rev: $265M v exp. $244.2M • Crypto Rev $160M v exp $162.1M • Transaction-Based Rev $539M v exp $521.3M

Ford Q225 Warns on costs $F 10.65 -0.26 -2.34% AH Adj EPS 37c v exp 33c Rev $25.88B v exp $25.56B Adj EBIT: $2.1B (est. $1.91B) FY Outlook Adj. EBIT: $6.5B to $7.5B (est. $6.84B) Adj. Free Cash Flow: $3.5B to $4.5B Capex: $9B (est. $8.15B) Net Tariff Headwind ~$2B (saw $1.5B)

STILL QUESTIONING THE AI BOOM? I know a lot of people are still wondering if all this AI hype is actually turning into real business -- but just look at Azure this quarter. They added $4.3B in net new cloud revenue -- that’s more than double any other quarter in $MSFT history.

#eBay Resurrection Continues: Q225 $EBAY 85.00 +7.44 (+9.59%) AH Adj EPS $1.37 v exp $1.30 Rev $2.73B v exp $2.64B Gross Merchandise Vol $19.51B v exp $18.88B Active Buyers 134M v exp 134.42M) Sees Q3 Net Rev $2.69B–$2.74B v exp $2.65B

Carvana sold more than 143k vehicles this quarter. That's up 41% compared to a year ago. $CVNA: +15.8% after hours

Qualcomm re-enters the AI datacenter market. Strategy: ARM Orion CPUs + NPUs optimized for inference efficiency, AlphaWave interconnect IP, and NVIDIA NVLink Fusion compatibility. In talks with a hyperscaler; targeting revenue in FY28. $QCOM Qualcomm

LOL