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Momentum Stocks Get Crushed as Value Rips + SpaceX Starship Attempts Launch Tonight | July 16, 2026 – Morning Market Briefing

Momentum Stocks Get Crushed as Value Rips + SpaceX Starship Attempts Launch Tonight | July 16, 2026 – Morning Market Briefing

Published 3 months, 2 weeks ago
Description
Ben and Tom discuss the sharp value-over-momentum rotation with high-flying names getting smashed while broader market breadth improves, SpaceX Starship's critical launch attempt tonight at 5:45 PM local time in South Texas after May's booster spin-out — a launch essential to defending SPCX's $4 billion NASA moon-landing contracts and the broader SpaceX investment thesis — and the levered ETF blowups with South Korea halting new single-stock leveraged ETFs and the Lucid 2x levered ETF liquidating after its NAV went negative.


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