🐺 Trump Sets the Date with Xi

Before we dive in, here’s what stood out today: volatility is back, the first big bank earnings are in, and speculative names are running hot again.

Before we dive in, here’s what stood out today: the White House confirmed a concrete meeting date between Trump and Xi, $TSLA ( ▼ 3.4% ) energy business keeps accelerating, and crypto’s breakout is fueling a full-on risk-on session.

Trump announced a firm October 30 date for his upcoming meeting with President Xi, ending weeks of speculation and easing trade tension fears. Markets responded instantly, with major indices now within an inch of new all-time highs.

Investors are treating this as a symbolic reset… a chance for clearer ground on tariffs, trade, and global supply chains. With volatility cooling and yields stable, the setup looks constructive heading into the final stretch of October.

It’s also a reminder that moments like this, when sentiment flips from fear to confidence, often drive rotation into emerging opportunities, from equities to tokenized assets. Platforms like Jarsy make that transition easier, letting investors gain exposure to pre-IPO companies through fractionalized, asset-backed tokens. Learn more here.

Tesla reported mixed automotive results but a bright spot in its energy storage business, which continues to grow at a 43% CAGR. The segment is now a part of Tesla’s diversification strategy, with Megapack deployments and Powerwall installations expanding globally.

Margins were pressured slightly by lower vehicle ASPs, but the storage business provided balance and helped stabilize overall free cash flow. Long-term investors are starting to treat energy as Tesla’s “second engine,” one that may carry growth even as the EV market normalizes.

After dipping below the 200MA yesterday, both Bitcoin $BTC.X ( ▲ 3.97% ) and Ethereum $ETH.X ( ▲ 4.78% ) roared back into positive territory. Bitcoin reclaimed $111K+, while Ethereum is trading near $4,000, signaling renewed confidence across risk assets.

Stocks and crypto are both flashing “risk-on,” and the momentum trade is back. We’re likely to see new all-time highs in the market today if momentum holds. Stay cautious… but enjoy the gains while the trend is your friend.

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Enjoy the weekend!

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