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Degens Deteriorating
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BREAKING: The semiconductor ETF, $SMH, posted -$2.3 billion in outflows in the week ending May 7th, the largest weekly outflow since the fund launched in 2011.

This follows +$1.5 billion in inflows in the preceding week, the 3rd-largest on record.

Previously, in April, semiconductor ETFs, $SMH and $SOXX, attracted +$4.7 billion in combined inflows, the largest monthly intake on record.

Meanwhile, the 3x leveraged long Semiconductor ETF, $SOXL, posted -$842 million in outflows in the week ending May 7th, its 5th consecutive weekly withdrawal.

Over this period, investors have withdrawn -$8.9 billion in total.

Retail investors are cashing-in massive profits on semiconductor stocks.

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FYI: The F11F Tiger test pilot shot himself down by overtaking his bullets in a dive

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Portland, Ore. (May 8) β€” Leftist rioters occupying the road outside the ICE facility chase vehicles leaving the building

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Ukraine's now arming drones with shotguns to take down Russian drones... wait... what?!?!

This is crazy, the sky's becoming the Wild West

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This is absolutely CRAZY.

Leopold Aschenbrenner turned $250 Million into $1.48 Billion on SanDisk in 8 months.

The same Leopold who worked at SBF's FTX Future Fund before its collapse, and was later fired by OpenAI in 2024 after raising internal security concerns.

His hedge fund Situational Awareness LP first bought SanDisk in September 2025 at around $112 per share. By Q4 he had over $250 Million in the stock.

Today SanDisk trades around $1,406, up more than 700% in 8 months.

His next positions will be disclosed in 7 days.

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The EU today marks Europe Day, which honors the β€œShuman Declaration” which essentially suggested to create a joint steel and coal production.

But somehow they still make it about migration … for some reason.

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In Rajasthan, India, there's a temple with 25,000 rats roaming freely. Worshippers feed them by hand, believing they're reincarnated souls of their ancestors.

If a rat runs over your foot, it's good luck.

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