Asmongold breaks down the S&P 500's recent performance, highlighting the winners (CrowdStrike, Broadcom) and losers (Starbucks, Bristol-Myers Squibb) in the tariff-stricken market, with his signature blend of humor and cynicism.
Asmongold breaks down the S&P 500's recent performance, highlighting the winners (CrowdStrike, Broadcom) and losers (Starbucks, Bristol-Myers Squibb) in the tariff-stricken market, with his signature blend of humor and cynicism.

April Showers Bring... Tariff Powers?

Alright chat let's talk stonks. Remember April? Yeah the month when Trump decided to play 'tariff roulette' and the S&P 500 decided to do its best impression of my hairline – a rapid horrifying retreat. One day everything's fine the next day you're down 9.5% faster than I can lose a raid in WoW. It was like watching a train wreck in slow motion. A dumpster fire really.

The Nine Session Win Streak: Is This Real Life?

Then out of nowhere the S&P 500 pulls a 'Leeroy Jenkins' and goes on a NINE SESSION WIN STREAK. Nine sessions! That's longer than I've stayed in a shower voluntarily. Built on hope? Hope is for the weak chat. But hey I'll take it. I'll take any win I can get. Even if it's just a mirage in this desert of despair we call the stock market. I felt like I was huffing hopium. It was like a drug man...

CrowdStrike: They're Not Wrong They're Just A**holes

So who were the MVPs of this bizarre rally? CrowdStrike apparently. Cybersecurity is where it's at! Hackers are everywhere man and companies are throwing money at these guys like I throw money at... well you know (hair plugs). Analysts are drooling over them calling them the 'best positioned in security.' Sounds like a good gig honestly. Get paid to protect people from the scary internet gremlins? Sign me up! "Long runway for growth"... Well hopefully.

Broadcom's Big Brain Move: Buybacks Baby!

Then there's Broadcom. Shares tanked after the tariff announcement? No problem! They just announce a $10 BILLION buyback. TEN BILLION! That's more money than I've made in my entire streaming career... combined. It's a bold move Cotton let's see if it pays off. And Nvidia? Well... Better luck next time. "In the line of fire in U.S. China trade tensions"? Oof... Big oof... Feel bad man.

Starbucks and Bristol Myers Squibb: The Fallen Heroes

Now for the losers. Starbucks... oh Starbucks. Their China bet isn't paying off? Color me shocked. Everyone's drinking tea I thought they would understand. And Bristol Myers Squibb? Their schizophrenia drug failed? Yikes. Pharma is a tough game chat. Sometimes you win sometimes you end up on the wrong side of a clinical trial. "Rosy but mitigated outlook"... That's not a good look man. That's not a good look at all. Just stop dude.

The Bottom Line: Don't Get Cocky Kid

So what's the takeaway? The market's a rollercoaster tariffs are scary and you should probably invest in cybersecurity. Also don't get cocky. This whole thing could crash faster than my internet connection during a raid. Remember chat: 'Content is king but distribution is queen and she wears the pants.' Invest wisely don't rage quit and for the love of God don't get caught holding the bag when the music stops. And don't forget to like and subscribe!


Comments

  • No comments yet. Become a member to post your comments.