BY ANDREW GIOVINAZZI
June 3rd, 2025
Yo Pit Crazies,
If you think robots aren’t influencing the market, just look at Tesla Inc. (Ticker: TSLA) today—after Elon Musk dismissed the Big Beautiful Bill as nothing more than a ‘big pork sandwich,’ the stock reacted accordingly.
5 day TSLA chart
A few offhand comments from Musk, and suddenly everyone thinks Trump’s about to go after TSLA. That’s instant robot reaction. If you want a robot of your own trading that fast, check out what Voz has been up to lately—absolutely wild.
Something big happened today—and it wasn’t just Musk throwing shade at Congress.
VIX closed below 18 for the first time in two weeks
The chart below shows we’re nearing VIX lows post-Liberation Day. The last time we hit these levels, Trump slapped 50% tariffs on EU goods for dragging their feet at the negotiating table. Now, one of Trump’s closest allies is using Twitter/X to call out the corrupt members of Congress who’ve overseen $1 trillion in annual overspending for two decades. They’re failing at their jobs—and Musk isn’t holding back. I hope he succeeds.
With the VIX hovering near its lows, the market is clearly hungry for more upside—and I’d like to see us get there. We’re also within striking distance of 600 on the SPY. Musk’s comments temporarily knocked us off the upward track, but AI momentum will likely drive us right back.
Check out this nifty TED talk with former GOOGLE CEO Eric Schmidt.
Check out our own AI trading bandit here.
To Your Trading Success,
AG
Andrew Giovinazzi
30-Year Trading Pro
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