Absolutely incredible:
The S&P 500 is now officially UP on the year and just ~1% away from hitting a new record high.
Since March 30th, the S&P 500 has now added +$5.5 TRILLION in market cap.
That's +$550 billion per trading day for 10-straight trading days.
The reality is that inflation is rising toward 4%, the AI Revolution is only accelerating, and trillions of Dollars of sidelined capital are eager to enter the market.
This truly is one of the most resilient markets in history.
Own assets or be left behind.
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The S&P 500 is now officially UP on the year and just ~1% away from hitting a new record high.
Since March 30th, the S&P 500 has now added +$5.5 TRILLION in market cap.
That's +$550 billion per trading day for 10-straight trading days.
The reality is that inflation is rising toward 4%, the AI Revolution is only accelerating, and trillions of Dollars of sidelined capital are eager to enter the market.
This truly is one of the most resilient markets in history.
Own assets or be left behind.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
Hedge funds continue to aggressively cover their short positions:
Hedge fund short exposure in US-listed ETFs fell -11.5% last week, the largest weekly short covering over the last decade.
At the same time, purchases of macro products, including index futures and ETFs, were the largest since May 2025.
As a result, hedge fund exposure to global equity macro products has only been higher in 3% of cases over the last 5 years.
The magnitude of the unwind suggests hedge funds were caught offside by the ceasefire rally and were forced to cover.
Hedge funds are rushing back into equities.
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Hedge fund short exposure in US-listed ETFs fell -11.5% last week, the largest weekly short covering over the last decade.
At the same time, purchases of macro products, including index futures and ETFs, were the largest since May 2025.
As a result, hedge fund exposure to global equity macro products has only been higher in 3% of cases over the last 5 years.
The magnitude of the unwind suggests hedge funds were caught offside by the ceasefire rally and were forced to cover.
Hedge funds are rushing back into equities.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
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Another body found on Everest.
Frozen in time β a climber lost decades ago has resurfaced from beneath the unforgiving ice. There are an estimated 200+ bodies of deceased climbers still on Mount Everest.
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Frozen in time β a climber lost decades ago has resurfaced from beneath the unforgiving ice. There are an estimated 200+ bodies of deceased climbers still on Mount Everest.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
β‘3β2
DUMP:
Bitcoin just dumped $1,300 in the last 45 minutes, wiping out $30,000,000,000 from its market cap.
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Bitcoin just dumped $1,300 in the last 45 minutes, wiping out $30,000,000,000 from its market cap.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
β€βπ₯1
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Q: "If you have to choose between not eating or being exploited for 18 hours, you'd probably choose to be exploited rather than starve to death"
Argentina's Mile: "You can also choose to DIE"
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Argentina's Mile: "You can also choose to DIE"
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π₯4
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WATCH: French Mirage-2000 shoots down an Iranian Shahed-136 drone over Iraq
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π2π₯1π€―1
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β‘6β€βπ₯1π’1π1
BREAKING:
Trump says US-Iran talks could happen over the next 2 days.
BULLISH for markets
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Trump says US-Iran talks could happen over the next 2 days.
BULLISH for markets
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π3
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Kraken breached, polkadot bridge exploited, drift hacked, ledger app drainer available in apple apps
yeah physical gold is harder to move and transact in, but at least it canβt be hacked
anyway, move funds across more hot and cold wallets for safety imo
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yeah physical gold is harder to move and transact in, but at least it canβt be hacked
anyway, move funds across more hot and cold wallets for safety imo
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
πΏ1
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βWhen in the last two centuries had the French, or the British, or the Germans, or the Belgians, or the Italian moved in a way to unify that continent?β
They will soon discover that the EU will be major contributor to Europeβs fracturing in the 21st century.
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They will soon discover that the EU will be major contributor to Europeβs fracturing in the 21st century.
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π―2
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NEW: A heckler repeatedly whistled and screamed during NYC Mayor Zohran Mamdani's outdoor announcement of the city's first publicly-owned grocery store at La Marqueta in East Harlem.
The project is expected to cost roughly $30 million in taxpayer funds for construction. Plans call for five stores total, one in each borough. The Harlem location is targeted to open by the end of 2027 to improve access to affordable groceries.
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The project is expected to cost roughly $30 million in taxpayer funds for construction. Plans call for five stores total, one in each borough. The Harlem location is targeted to open by the end of 2027 to improve access to affordable groceries.
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π3