Friday Selloff | SpaceX IPO Price | Strong Jobs Number Revisions | MicroStrategy Sells Bitcoin | Fed Rate Hikes?

Friday Selloff | SpaceX IPO Price | Strong Jobs Number Revisions | MicroStrategy Sells Bitcoin | Fed Rate Hikes?

Author: Derek Moore June 7, 2026 Duration: 57:31

Derek Moore is joined by Shane Skinner to react to the market Friday selloff including many of the chip and memory stocks. What is driving this and has the oil trade decoupled from equities? Then they discuss SpaceX IPO pricing at $135, the strong jobs numbers that exceeded estimates including April being revised from negative to healthy positive number, and Michael Saylor sells some Bitcoin for Strategy. All this and more this week.

 

SpaceX IPO price

Saylor sells Bitcoin for Strategy

Crypto out of favor judging by the ETF fund flows

S&P 500 Index Friday selloff of -2.6% after continuous march higher

Semis and memory stocks hit with many pulling back ~ -20% from all-time highs

Oil was down but the market didn't care today

More Oil supply coming online?

Fed futures pricing in a rate hike by December

Tough to time when to sell a highflyer

Will investors hit the sell button thinking this is the turn?

Greenshoe IPO provision

 

Mentioned in this Episode

 

 

Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT

 

Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt

 

Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

 

Contact Derek derek.moore@zegainvestments.com


Derek Moore hosts Broken Pie Chart, a podcast that digs into the practical realities of managing money in a complex world. The name comes from the idea that traditional, rigid models for investing and planning often don't reflect real life. Each episode takes a specific concept-whether it's portfolio construction, market behavior, or preparing for retirement-and breaks it down into straightforward conversation. You'll hear clear explanations of economic trends and financial principles without the jargon, focusing on how these ideas actually impact personal and professional decisions. This isn't about hot stock tips; it's about building a durable understanding of how markets and the economy function. The goal is to provide listeners with a stronger foundation for their own financial choices, making seemingly opaque topics accessible and relevant. Tune in for a thoughtful, grounded perspective that challenges conventional wisdom and simplifies the complicated.
Author: Language: English Episodes: 100

Broken Pie Chart
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