Issue No. 9 • Tuesday, June 2, 2026
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THE TRADING ADDICT
NEWSLETTER
by Maria Helmick
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» Story No. 1 of 2 · The Week Ahead
What We’re Watching This Week
Jobs data, SpaceX IPO roadshow, Iran headline risk, AI earnings, cybersecurity earnings, and retail consumer checks.
This week gives traders a little bit of everything: geopolitics, economic data, AI earnings, cybersecurity earnings, retail earnings, and the beginning of the SpaceX IPO process.
Iran Ceasefire Risk
The biggest headline risk is still the Iran ceasefire situation. Right now, this does not look completely clean. The ceasefire is still fragile, and reports of violations keep traders watching oil, defense names, the VIX, and overall market risk appetite.
SpaceX IPO Watch
We are also watching SpaceX. The IPO itself is reportedly targeting a June 12 Nasdaq debut, but the roadshow is expected to begin June 4. That means the sales process starts this week, while the actual stock listing may come the following week.
Traders should watch space-related names, IPO hype, liquidity, and whether money starts rotating into the space and AI infrastructure theme.
Plain English: June 4 is not the IPO trading day. June 4 is when the roadshow is expected to begin. The roadshow is the sales pitch to large institutional investors before the stock actually lists. The reported target debut is June 12.
Friday Jobs Report
On the economic side, the biggest report of the week is Friday’s jobs report at 8:30 AM ET. This is the May jobs report being released in June, and it includes Nonfarm Payrolls, the Unemployment Rate, and Average Hourly Earnings.
Expectations are for slower but still positive job growth, roughly 75,000 to 95,000 new jobs, unemployment near 4.3%, and wage growth around 0.3% month-over-month.
That matters because the labor market can move the entire rate-cut conversation. A hotter jobs report could push yields higher and pressure growth stocks. A weaker report could raise concerns that the economy is slowing faster than expected. The cleanest setup for bulls would be steady job growth without a wage-inflation scare.
ISM Manufacturing
We also started the week with ISM Manufacturing PMI and ISM Manufacturing Prices. The prices number matters because traders are still watching whether inflation is cooling or starting to heat back up through raw materials, energy, wages, and supply costs.
Major Earnings This Week
Palo Alto Networks (PANW) reports Tuesday after the close. This gives traders a fresh read on cybersecurity spending.
Dollar General (DG) reports Tuesday before the open. That is a consumer check. If lower-income shoppers are stretched, DG can tell us a lot.
Broadcom (AVGO) reports Wednesday after the close. This is one of the biggest AI infrastructure reports of the week. Traders will be watching AI chip demand, guidance, margins, and whether the AI trade still has real earnings support.
CrowdStrike (CRWD) also reports Wednesday after the close. Cybersecurity remains one of the stronger long-term themes, but expectations are high, so the reaction may matter more than the headline numbers.
Maria’s Bottom Line
This week is about confirmation. The market wants to know if the rally is still supported by strong earnings, stable jobs, cooling inflation, and AI demand. But with geopolitical risk still hanging around and a massive IPO story building in the background, this is not a week to get sloppy.
No chasing. Watch the reaction. Respect the data. Respect the headlines. Defined risk first.
» Story No. 2 of 2 · The FOMO vs FEMO Read
FEMO May Be the Real Story Behind This Market
The market’s recent strength has brought back a familiar feeling for traders: FOMO.
When indexes keep pushing higher, traders sitting in cash start to feel pressure. Bears get uncomfortable. Investors waiting for a pullback start wondering if the market is ever going to give them a better entry.
That is when discipline gets tested.
But this rally may not be only about FOMO.
It may be FEMO.
FEMO stands for Fabulous Earnings Momentum.
FOMO is traders chasing because they are afraid they missed the move. FEMO is different. FEMO means stocks are being supported by stronger earnings, better guidance, improving margins, and real business momentum.
That difference matters.
Right now, the market is not just reacting to AI hype. It is reacting to companies showing real demand in chips, servers, data centers, cloud infrastructure, enterprise AI, and power demand. When earnings confirm that the AI buildout is still moving through the economy, investors have a real reason to keep buying.
That is the bullish argument.
But FEMO does not mean every stock is cheap. It does not mean every AI name deserves to go higher. And it definitely does not mean traders should ignore valuation, risk, or position size.
A market can have real earnings momentum and still become overextended.
That is the challenge.
The story may be bullish. The trend may be strong. Earnings momentum may be real. But none of that automatically makes every entry a good trade.
A good trade still needs clean risk, a reasonable reward, proper sizing, and a clear reason for being in the position.
If stocks are rising because earnings expectations are improving, the rally may have more support. If stocks are rising only because traders are afraid to miss the move, the risk of a sharp reversal increases.
That is the line traders need to watch.
Respect the strength.
But do not lose the process.
This is not the market to chase blindly. It is not the market to oversize because everyone else looks like they are making money. And it is not the market to assume every green candle is a good setup.
Maria’s Bottom Line
FOMO is emotion.
FEMO is earnings momentum.
That is a major difference.
This market still has real strength, especially from AI and earnings-driven leadership. But inflation, rates, valuation, oil, and headline risk still matter.
If the trade has a clean setup, enough reward, and controlled risk, it may be worth watching.
If the only reason for taking the trade is fear of missing out, that is not a strategy.
FEMO can support a market.
FOMO can get traders in trouble.
And if you cannot tell the difference, that is usually the market’s polite way of saying:
Please step away from the buy button.
Educational only. Not financial advice.
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