If “BTFD” was a holiday, today would be it… 

Turns out the market wasn’t ready to roll over and die just yet. After Friday’s doom scroll of tariffs, soft data, and algorithmic sell triggers, the Dow came back Monday with 585 points of middle-finger energy… closing at 44,173.64 and erasing the prior session’s loss like it never happened. Additionally, the S&P 500 snapped its four-day losing streak with a 1.47% climb, while the Nasdaq ripped nearly 2% higher… led, mainly by the usual orgy of Jensen Huang hype. 

(Source: Imgflip) 

As for the news, there wasn’t any. It wasn’t about earnings, because we’re mostly past that. And it wasn’t about economic data, because there wasn’t any. This was a raw sentiment rebound. A snapback from the tariff trauma triggered late last week when Trump dusted off his trade war playbook and scribbled in new duty rates ranging from 10% to 41% on everyone from Syria to Sweden. The move spooked markets into a selloff, but Monday looked more like cold clarity: tariffs are noise until they’re blood. Or just plainly, “BTFD”... whichever one. 

The MVP’s of course, were the semis as Nvidia and Broadcom mooned north of +3%. AMD surged too, ahead of earnings (+2.96%). Palantir, Northrop, and even eBay printed all-time highs like it was 1999 and Monica Lewinsky was still in her prime. Meanwhile, Amazon slipped another 1%, proving not even a $15 billion ad business can buy investor forgiveness after guidance faceplants. 

(Source: Giphy) 

Elsewhere, the Fed still looms in the background with sugar daddy Powell holding everyone by the throats. Gundlach reiterated his bet on two cuts this year, which either means he’s clairvoyant… or betting Powell caves under political heat after the homeboys at the BLS decided to not count correctly for the past few months. Either way, bond traders didn’t blink… not yet, anyway. 

Oh, and Buffet officially looks like he's settling into retirement as Berkshire Hathaway coughed up a warning… reporting a 4% drop in operating profit and openly citing tariff exposure. The stock fell -3%, which for Buffett is about as close to panic as the market allows. And then there’s Bitcoin, which is hovering above $114,000… up from about $113,500 on Friday when the fugazi money OG hit its lowest “Oh shiii” levels in three weeks. 

(Source: Giphy) 

So yeah… Monday was a rally, but don’t think for one second that’s foreshadowing for the rest of the month. If history has anything to say, August isn’t done playing rough (if you just threw up in your mouth as you caught flashbacks of the Great Crash of August, 2024… you know what I’m talking about). Meaning, keep your head on the swivel and place your bets accordingly this week. Until next time, friends… 

If you read all of this, congrats for having a 10 second attention span (better than me). As always, here’s our heatmap for today.

At the time of publishing, Stocks.News holds positions in Amazon as mentioned in the article.