Daily REX Market Recap
Index Focus: S&P 500, -0.07%
Equity Focus: Roblox, $RBLX, +9.64%
Recap:
US stocks were mixed as rising Treasury yields and oil-driven inflation fears pressured markets, while investors awaited Nvidia earnings and key retail reports for consumer spending insight.
Top gainers and losers*
Daily REX Market Recap
Index Focus: BITA Crypto and Digital, +3.78%
Equity Focus: Redwire, $RDW, +22.08%
Recap:
US stocks rallied as AI momentum returned. Nvidia surged on China chip approvals, lifting indexes to records while Trump and Xi opened talks on trade and AI.
Top gainers and losers*
Pricing of small marketcap coins is pretty simple, you don’t need a Stanford degree to figure it out:
- Have Binance perp = $10m basic manipulation value
- memecoin = $3m basic exit liquidity value over retails
- have coinbase spot = $5m basic liquidity value from USA market
- have Upbit KRW spot = $10m basic liquidity value from Korean apes
So if a coin is a memecoin and have Binance perp, its intrinsic value = ~$13m
If it’s a coin with Coinbase spot + Upbit KRW spot + binance perp, its intrinsic value is $25m
Buy when it falls below its intrinsic value, sell when some cabal starts the run.