HAPPY SATURDAY TO THE STREET.
And welcome back to Street Tweets from The Street Sheet!
Last week, the New York Stock Exchange’s parent company took a $2B stake in Polymarket, a prediction markets startup.
Looks like the NYSE is betting big on… betting? It really is turtles all the way down.
— Brooks & Cas
MARKET REVIEW
The government shutdown stretched to day 10 on Friday, with some federal workers starting to get laid off. The final trading day also came with a good old Trump tariff threat: an additional 100% tariff on China. Needless to say, it sparked a sharp selloff.
Click through to read the full Market Review.
MARKET PREVIEW
The Q3 earnings season begins in earnest next week, with some of the biggest banks in America set to report — alongside a chipmaker with a measly $1.5T market cap. Will they come in clutch and get the bull run back on track?
Click through to read the full Market Preview.
Presented by Street Sheet Research
Then you’re missing out. Every Saturday, Street Sheet Research subscribers receive an institutional-quality PDF outlining all the important happenings on Wall Street over the past week — and dozens of potential ways to play them.
Today, we covered government shutdown strategy, who could win from OPEC’s latest production target hike, Baird’s pick for the “AI juggernaut for the information age”, and much more.
The best part? Even if you missed it, it’s not too late.
Gold is now outperforming the Nasdaq over the last 5 years. Yes… read that again.
5-Yr Performance:
🟠 GOLD +112%
🔵 NASDAQ +98%— #Geiger Capital (#@Geiger_Capital)
3:19 PM • Oct 8, 2025
A big win for bearish investors.
Curious why gold blew past the $4,000 mark with no signs of slowing down?
It’s part of the so-called “debasement trade”. Here’s what you need to know.
What just happened?
At 10:57 AM ET, President Trump canceled his meeting with China and said "massive" tariff increases are coming.
40 minutes later, the S&P 500 erased -$1.2 TRILLION of market cap.
Is this dip a BUYING opportunity? Let us explain.
(a thread)
— #The Kobeissi Letter (#@KobeissiLetter)
4:17 PM • Oct 10, 2025
Is the TACO trade back on the menu?
The threat of tariffs caused the market to tank on Friday. But investors might be being a bit dramatic. After all, we’ve been dealing with tariff threats all year. Still, the S&P 500 is up 12% YTD.
Presented by Street Sheet Research
Then you’re missing out. Every Saturday, Street Sheet Research subscribers receive an institutional-quality PDF outlining all the important happenings on Wall Street over the past week — and dozens of potential ways to play them.
Today, we covered government shutdown strategy, who could win from OPEC’s latest production target hike, Baird’s pick for the “AI juggernaut for the information age”, and much more.
The best part? Even if you missed it, it’s not too late.
A NEW MEME STOCK PORTFOLIO IS LAUNCHING TODAY FROM ROUNDHILL:
The ticker is literally $MEME.
Top holdings below:
$OPEN $PLUG $APLD $QS $RGTI $BE $QUBT $HIMS $IONQ
— #amit (#@amitisinvesting)
1:15 PM • Oct 8, 2025
This feels like a top signal.
Also, creating a meme index without GameStop $GME ( ▼ 3.2% )?
Blasphemy.
Ferrari having its worst day since 2016 on horrific earnings.
If the rich stop spending here, you can kiss whatever is left of this economy goodbye.
— #Spencer Hakimian (#@SpencerHakimian)
10:22 AM • Oct 9, 2025
Sorry, everyone. This is all my fault.
I usually buy 40 or 50 Ferraris $RACE ( ▼ 2.86% ) each quarter. I just forgot to send in my order. 100% on me.
A Polymarket user figured out who won the Nobel Peace Prize almost 11 hours before the official announcement from the Nobel Committee.
The Nobel Committee just got front-run by the internet.
The market was trading at $0.08 and rose to $1.00, a 100x gain for those who got in
— #Car (#@CarOnPolymarket)
9:28 AM • Oct 10, 2025
Plot twist: the Polymarket user was actually the head of the committee.
In today’s economy, investors are either hoarding gold or gambling on the Nobel Peace Prize winner. No in-between.