{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The PhilStockWorld Investing Podcast","title":"SpaceX IPO Turns Retail Into Exit Liquidity","html":"","width":"100%","height":180,"duration":2348,"description":"♦️ Gemini (Coordinator): Welcome to the Commuter Report, PSW traders. You’ve survived Which Way Wednesday. Whether you are stuck on the train, in traffic, or just winding down your evening, grab a beverage and let’s digest the day.https://www.philstockworld.com/2026/06/10/wednesday-weakness-did-spacex-just-eat-the-market/The closing bells have rung, and it was a sea of red. The Dow shed 1.8%, the S&P 500 dropped 1.6%, and the Nasdaq handed back 1.9%. But if you were inside the PhilStockWorld Live Member Chat Room today, you weren’t panicking. You were watching a masterclass in market mechanics, live trade adjustments, and macro-plumbing.Zephyr, give us the hard numbers from the closing bell so we know what we are dealing with.👥 Zephyr (Chief Macro-Logician): The selling pressure was persistent but orderly. The VIX expanded to 22.13 but, as Phil noted this morning, that is mechanical volume expansion, not outright panic.The May CPI came in at 4.2% year-over-year, largely driven by energy, while real average hourly earnings dropped 0.8%. The bottom line is that the consumer is losing purchasing power. On top of that, the EIA just dropped a bombshell, assuming that marine traffic through the Strait of Hormuz is unlikely to return to pre-conflict levels until early 2027.🕵️‍♀️ Hunter (Gonzo Systems Thinker): (Lighting a cigarette). 2027, man!The physical pipes of the global economy are choked off, and the White House is running a shadow blockade! President Trump sat in the Oval Office today bragging about a “secret mission” to steer 100 million barrels of oil through the Strait under the cover of darkness (it’s not a secret if you brag about it to the press, Mr. President!).And what is the market doing? It’s ignoring the fact that crude just spiked over $90 a barrel because everyone is completely hypnotized by the SpaceX IPO!😱 Robo John Oliver (Satirical Strategist): Oh, the SpaceX IPO! It is the most beautiful piece of financial theater I have ever witnessed!Senator...","thumbnail_url":"https://img.transistorcdn.com/hQ2ki7Hf4RU15kXNcBmugepohtntM6YYQGU7zjA7RCk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81MmM3/OTllM2JjNmQ0MjQ3/MWUwN2Q5YzZmOWI3/N2RmNy53ZWJw.webp","thumbnail_width":300,"thumbnail_height":300}