SQQQ Reddit Mentions | ChartExchange

[Original Post](https://www.reddit.com/r/wallstreetbetsOGs/s/6ckzkc8g02)
# TL;DR: Everything from my last post confirmed. Broken scale printed 57K — below ADP's 98K. Market spiked then bled $22 in three hours. Someone moved SQQQ 5.75% before the embargo lifted. And the NYT dropped today that Trump bought $30M in tech stocks the same day he announced the AI Action Plan. Hid it for a year. $200 fine.
# The Numbers:
[BLS June report.](https://www.bls.gov/news.release/pdf/empsit.pdf) 57,000 jobs. Consensus 115K. ADP said 98K Tuesday. BLS came in below BOTH.
April revised down 31K. May revised down 43K. That's 74,000 jobs they told you existed last month that don't exist anymore. Report high, revise later. Again.
Unemployment ticked down to 4.2%. Sounds great until you read the household survey. 720,000 people LEFT the labor force. Employment fell 507,000. The rate went down because people stopped being counted.
Leisure and hospitality lost 61,000 jobs. Same sector that magically added 70,000 in May while Spirit was firing 17,000 people.
12-month average: 36,000/month. That's the number nobody reports. That's the real pace.
Nasdaq ripped \~1% at open. Then bled from $732 to $709 over three hours. The front-runners bought before 8:30. Then they sold into the rally they created. Textbook distribution.
# Someone Knew
SQQQ was up 5% pre-market. Starting around 8:00 AM ET — thirty minutes before the embargo lifted — it reversed. 3% swing completed before the number was public.
# The President Is Trading His Own Announcements
[NYT yesterday via Kenneth Vogel.](https://x.com/i/status/2072424501560656359) Trump bought up to $5M each in AVGO, META, AMZN, AAPL, MSFT, and NVDA on July 23, 2025. Same day as the AI Action Plan. Never disclosed as required. Year late. $200 fine.
927-page annual disclosure dropped yesterday. 3,642 trades. [NVDA bought Jan 6](https://www.cnbc.com/2026/05/15/trump-stock-trade-tech-oge.html), export controls relaxed the next week. [PLTR bought through March](https://www.cbsnews.com/news/trump-stock-trades-2026/), pumped on Truth Social by name.
Abbott stock purchased, then [DOJ dropped the criminal probe](https://substack.perfectunion.us/p/abbott-laboratories-was-investigated) into contaminated baby formula that killed two infants. $515M in crypto income. $635M in "Celebration Coins."
"No conflicts of interest."
# They're Sandbagging for a Cut
Since my last post, Warsh said "inflation risks have come down." CPI is 4.2%. PCE 4.1%.
He's not reading it wrong. He's building the runway.
57K with 4.2% unemployment is the perfect number — soft enough to justify a September cut, not catastrophic enough to panic anyone. BLS benchmark revision drops August 28. If they sandbag that too, the runway is clear.
Meanwhile: $129.3B in IPOs in H1 — record. Goldman dumping tech at most aggressive pace in a decade. 80% of Nasdaq longs underwater. Burry sitting on a [$1.1B short](https://www.tradingkey.com/analysis/stocks/us-stocks/261877483-michael-burry-ai-bubble-short-nvidia-palantir-options-valuation-dotcom-comparison-scion-asset-tradingkey). Citi Bear Market Checklist at 11.5/18 — highest since 2008. And Micron puts $250M into Trump Accounts instead of R&D after losing 11.5%. That's tribute.
# Operation Hunt for Red October
**Act 1 (now).** We small crash. 57K starts it. Semis unwind. Earnings disappoint. Window dressing over. Gets called "healthy."
**Act 2 (Aug-Sep)**. Falsified data saves it. Benchmark revision deletes some phantom jobs, not enough to spook. Another Hormuz deal. "Resilient" everywhere.
**Act 3 (Sep)**. Warsh cuts. Markets rip. Everyone who said recession looks stupid for six weeks.
**Act 4 (Oct)**. Everything papered over breaks at once. Private credit marks revised (Apollo exec: all marks wrong 60-80%). BOJ carry trade unwinds. Food prices spike. Consumer already dying. The cut confirmed the Fed is political.
October 19, 1987 — Black Monday.
October 19, 2026 — Red Monday
# The Play
[57K jobs and 720K left labor force](https://www.bls.gov/news.release/pdf/empsit.pdf) = unemployment rate is fiction
SQQQ moved 30 min before embargo = the game is rigged
[$129.3B in record IPOs](https://www.nasdaq.com/newsroom/nasdaq-listings-delivers-record-breaking-first-half) = insiders leaving, you're holding the door
President buys stocks same day as policy, $200 fine = the system working as designed
SPR at 325.7M barrels = no buffer left
[Housing freeze in year four](https://www.wsj.com/real-estate/real-estate-agents-are-quitting-the-slow-housing-market-d95fc524), agents leaving at 2008 pace = structural damage 25bps can't touch
**You are the exit liquidity.** The green screen is the exit door. The institutions are walking through it while you hold it open for them.The economy be damned.
Positions: 18 shares SQQQ (\~$36 basis), half share VXX, physical gold.
# This is not financial advice.