Consumer confidence just got revised to the worst reading on record. Three points worse than the initial number. The market was up anyway. That disconnect is the whole story of this market right now. Chris Vecchio and Ilya Spivak close out the week covering the SpaceX IPO liquidity risk nobody is talking about: between SpaceX, OpenAI, and Anthropic lockup schedules, something approaching 8 to 10% of the Nasdaq's entire market cap could come online as supply over the next several months. Plus the PDT rule tax warning every futures trader needs to hear before switching to ETFs on June 4th. Helpful links: tastylive: tastylive.com Get Tom's pre-market analysis every morning: tastylive.com/newsletters FREE Options Strategy Guide: tinyurl.com/bp9ms763 Follow tastylive on X: x.com/tastyliveshow CHAPTERS: 00:00 Friday Close: SPX Tops at 7525 Then Bleeds Off 00:53 Bitcoin and Crypto Selling Into the Close 01:17 Worst Consumer Confidence on Record. Revised Even L...