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Degens Deteriorating
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Guy wanted to douse himself in flammable liquid and burn… but the firemen had other plans

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Income tax by state.

California has the highest state income tax at 13.3%

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The 2025 tariffs have had ~94% pass-through (!) and the actual rates of them have only been about half as large as the announced ones

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Market breadth is improving:

~65% of stocks in the Nasdaq 100 ETF, $QQQ, are now trading above their 10-day moving average, near the highest since early December.

This percentage has surged +40 points in just 5 trading sessions, the largest increase since November.

By comparison, in the 2nd week of March, just 12% of stocks traded above their 10-day moving average, the lowest in at least 6 months.

In the past, the Nasdaq 100 has been higher 80% of the time over the next 12 months after such a sharp reversal.

Furthermore, over 70% of stocks in the S&P 500 and the Dow Jones Industrial Average are also trading above their 10-day moving average.

The market is setting up for a historic recovery.

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In Washington D.C., the cherry blossoms are blooming earlier and earlier.

This replicates what's happened in Japan, which makes sense given that it's driven by the same global warming.

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JUST IN - Arrests made in California fraud crackdown targeting LA hospice ring allegedly behind $267 million in bogus charges β€” CBS

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Netanyahu’s corruption trial will resume on Sunday due to the end of the state of emergency imposed by the Iran War

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Trump has effectively turned asylum courts into deportation machines, with only 7% of asylum cases approved, many of which have gone to Whites.

Related, there is a push in the US to offer asylum to Australian war hero, Ben Roberts-Smith, who is on trial for β€œwar crimes” in Afghanistan.

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BREAKING: The odds of US oil prices rising above $120/barrel this month have collapsed to just 24%, per Polymarket.

Prior to the ceasefire deal announced on April 7th, odds of $120+ crude oil were as high as 88%.

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This did happen.

But the scale of moves wasn't that much, because well-off people generally don't want their kids going to school with the types of kids who make it a bad school.

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JUST IN: Iranian Supreme Leader Mojtaba Khamenei threatens new phase of control over the Strait of Hormuz

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Not to be confused with Lizzo preaching body positivity pre-Ozempic

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Bitcoin Year-End Price (2025): $87,496

Current Price (2026): $72,352

YTD Change: -17%

Bitcoin $BTC BitcoinYearlyCandles

BITCOIN is for EVERYONE 2026 BITCOINisforALL β€” join us in Portland May 22-23! Discounted code CHARTSBTC for 21% off

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BREAKING:

$430,000,000,000 has been added to the US stock market today.

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