Tesla's Worst Day on Record, Oil at $100, Bitcoin Flat at $64.5K | Sunday Market Recap
Bitcoin is holding near $64,500 after a quiet weekend — but the real story is what Wall Street walked away from. Tesla posted its worst earnings reaction day on record, Brent crude crossed $100, and the Federal Reserve decides Wednesday. #Bitcoin #Cryptonews #Stockmarket
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CRYPTO: Bitcoin near $64,500, roughly flat on the day. Ethereum near $1,860, XRP near $1.09. Total crypto value slipped about 1% Saturday with roughly $243 million in liquidations. Fear and Greed near 27 signals caution, not panic. Watch Ethereum reclaiming $1,900 as confirmation. #Ethereum #Xrp
OIL & GEOPOLITICS: Saturday passed without a newly announced round of American strikes on Iran — the first break in about two weeks — while Houthi forces said they struck Saudi targets. Brent settled above $100 Thursday then fell nearly 4% Friday toward $97. Gold near $4,060, down roughly 23% since the war began. Gasoline average hit $4.11, up 11 cents in a week. #Oil #Gold #Energy
STOCKS: S&P 500 essentially flat at 7,412. Dow up roughly half a percent on a 3.5% Apple jump. Nasdaq down six tenths of a percent. All three posted weekly losses. Tesla plunged more than 14% after earnings — its worst reaction day on record — and the Magnificent Seven shed nearly $800 billion in market value. Intel dropped nearly 8% Friday. #Tesla #Nasdaq #Sp500
WEEK AHEAD: Fed decision Wednesday with Chair Kevin Warsh speaking after. Rates expected to hold, though traders price roughly an 80% chance of a September hike. Microsoft and Meta report Wednesday, Amazon and Apple Thursday, with second quarter growth data and Friday's personal consumption inflation reading. #Federalreserve #Interestrates #Earnings
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DISCLAIMER: I'm not a licensed financial advisor. This is for educational purposes only and not financial or investment advice. Markets and crypto are volatile — never invest more than you can afford to lose. Do your own research!
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