|
DAILY STACK
|
|
Five stories ranked by Real-Life Impact
|
|
Monday, June 29, 2026
|
|
|
|
|
Today's Thesis: A weekend of airstrikes, a health plan dying tomorrow, a five-day tech selloff, and two Supreme Court decisions mean your gas bill, your health coverage, your 401(k), and your ballot are all moving at once.
|
|
|
Your Download Link Will Expire
If you still haven't downloaded my free "Safe Trade Options Formula" guide...
I eventually plan to charge money for this training, so do yourself a favor and download it now...
That way, no matter what it costs in the future, you'll have a free copy on your computer.
|
1
|
|
Your wallet
|
$0.69/gal decline at risk
|
|
|
Weekend Strikes Just Put Your Gas Relief on the Line
|
|
The national average dropped from $4.56 in May to $3.87 on Sunday — six straight weeks of declines. GasBuddy was forecasting $3.75 by July 4. Then Saturday happened: the U.S. struck Iranian military targets, and Iran hit back at U.S. bases in Kuwait and Bahrain on Sunday. Oil closed Friday at $69 a barrel, its lowest since before the war started in February. If Monday’s trading session prices in another Strait of Hormuz shutdown, that six-week slide at the pump could stall — or reverse.
|
|
The other side: 89 ships still transited the strait over the weekend, traffic kept flowing, and both sides have 53 days left on the memorandum of understanding.
|
|
|
|
|
2
|
|
Your health
|
450K losing coverage June 30
|
|
|
450,000 New Yorkers Lose Health Coverage Tomorrow
|
|
New York’s expanded Essential Plan — covering people earning 200–250% of the federal poverty level — shuts down tomorrow. That’s 450,000 people who need to switch to a marketplace plan by July 1 or face a gap in coverage. The change came after federal funding shifts forced the state to drop its 1332 waiver. If you’re in this group, today is your last full day to enroll.
|
|
The other side: The 1.3 million New Yorkers earning below 200% FPL keep their coverage untouched under the state’s Basic Health Program.
|
|
|
|
|
3
|
|
Your vote
|
Ruling expected this week
|
|
|
Birthright Citizenship Ruling Could Drop Any Day
|
|
The Supreme Court is expected to rule this week on Trump’s executive order ending birthright citizenship — the most watched decision of the term. If upheld, babies born on U.S. soil to undocumented parents would no longer automatically become citizens, reversing more than a century of practice under the 14th Amendment. The decision could come as early as Monday morning.
|
|
The other side: During April oral arguments, several justices — including conservatives — questioned whether a president can redefine the 14th Amendment without Congress.
|
|
|
|
|
|
|
4
|
|
Markets
|
Nasdaq down 5 straight sessions
|
|
|
Your Tech-Heavy 401(k) Just Had Its Worst Week in Months
|
|
The Nasdaq closed at 25,298 Friday — its fifth losing session in a row. Chip stocks led the slide as investors sold the Micron rally. The S&P 500 barely moved, and the Dow slipped 45 points to 51,876.
|
|
The other side: The Dow slipped just 45 points Friday, gained 0.6% on the week, and the rotation into defensive stocks looks more like reshuffling than retreat.
|
|
|
|
|
5
|
|
Your job
|
356,000 TPS holders affected
|
|
|
Court Clears Way to Strip Protections for 356,000 Immigrants
|
|
The Supreme Court ruled 6-3 Thursday that Trump can end Temporary Protected Status for 350,000 Haitians and 6,000 Syrians. These are people who’ve been living and working legally in the U.S. — and their communities, employers, and local economies now face a timeline that hasn’t been set.
|
|
The other side: The ruling removes a legal shield but doesn’t set a deportation date — implementation could stretch months or years.
|
|
|
|
|
Off The Stack
|
|
Venezuela earthquake death toll reached 1,450. — Devastating, but no direct U.S. consumer impact beyond $150M in pledged aid.
|
|
SpaceX joins the Nasdaq 100 on July 7. — Index funds will start buying, but rebalancing hasn’t moved the stock yet.
|
|
30-year mortgage held steady at 6.49%. — Nearly flat for six straight weeks; no new direction for buyers or refinancers.
|
|
|
|
|
|
|
