Happy Tuesday Zingernation! Before yesterday’s price action, AMC stock had been in the gutter. And it’s no surprise to me. With how much a trip to the movies costs these days, you’re better off taking a date to a Michelin-star restaurant. Speaking of movies and meme stocks, here’s how much dough you’d have if you bought GameStop stock when the movie ‘Dumb Money’ came out.

-Aaron Bry and Nic Chahine

Plus, get unique market insights and data delivered straight from the source through CBOE.

And, have you seen this new way to win 4X more than the average options trader with one simple chart? See the chart here.

MARKET SNAPSHOT

Yesterday: Was a pretty flat day overall, unless your portfolio has major exposure to the meme world. The QQQs and SPY closed slightly in the green while the DIA lagged and finished in the red.

On Our Radar: It’s a J Pow day! The Fed Chairman will speak at 10 AM ET. We’ll also hear from Home Depot, Alibaba, Sony and more.

Plus: Nic Chahine has one of the best track records out there when it comes to options. His next options trade is just days away. Get access HERE.

TOP STORY

US Consumers Brace For Higher Inflation And Home Price Surge

The Context: The latest Survey of Consumer Expectations (SCE) from the Federal Reserve Bank of New York showed that American consumers are bracing for increased inflation. It also showed the fastest home price growth in nearly two years and an evolving outlook on the labor market and taxes. Here’s a breakdown of some of the data.

Short-Term Expectations: Median inflation expectations have risen from 3.0% to 3.3% over a one-year horizon. The data appears to broadly align with the most recent University of Michigan consumer sentiment index, which showed that year-ahead inflation expectations increased from 3.2% in April to 3.5% in May.

Further Out: There’s a slight decline in inflation expectations at the three-year horizon, down from 2.9% to 2.8%. For the five-year horizon, expectations increased from 2.6% to 2.8%.

Home Price Expectations: Median home price growth expectations jumped from 3.0% to 3.3%, the highest since July 2022, with significant increases among those with a high school education or less.

Click here to read the full story.

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FIVE ZINGERS

Roaring Back: As you’re probably aware, Roaring Kitty is back. These are the ETFs that could benefit from the resurgence of meme stocks.

The Race Is On: The AI race is officially underway, and China is outspending the United States on semiconductors to power the technology.

Catch The Fever: Disney Plus will live air superstar Caitlin Clark’s WNBA debut for the Indiana Fever.

Union Efforts: Workers at a Mercedes Benz plant in Alabama are currently voting on whether or not to join the UAW. 

Meme On: If you thought the latest $GME rally was ridiculous, just wait until you see the $GME-themed meme coin.

ONE FOR THE ROAD

The $129,283 Reason Why Traditional Investing Is Failing You

What's Happening: The numbers speak volumes. Over a typical investing lifetime, the average investor loses a staggering $129,283 by failing to match the market's average annual return. Of course, this assumes that someone had only ever invested $10,000.

• Starting with $100,000? Brace yourself for a loss of $1.29 million. It's a stark reality, courtesy of DALBAR's renowned research.

Why It Matters: Investing has become a game tilted against Main Street. Wall Street's AI trading algorithms, CEOs acting on insider information, and baffled financial analysts are just a few factors stacking the odds. If you've felt sidelined during the market's biggest bull runs, it's not your fault.

What's Next: Enter Nic Chahine, a seasoned expert with a proven track record. With a personal commitment to helping investors navigate the markets, Nic unveils his method and track record. Discover how he achieves an impressive 83% win rate and learn about an exclusive opportunity to join him in the market without putting up any money.

Don't miss out: Get a sneak peek at Nic Chahine's 83% win-rate secret here.

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