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The Kobeissi Letter
BREAKING: S&P 500 losses accelerate, now down -4% on the day on track for the largest drop since June 2020. https://t.co/TfiLQlgKot
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BREAKING: S&P 500 losses accelerate, now down -4% on the day on track for the largest drop since June 2020. https://t.co/TfiLQlgKot
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The Kobeissi Letter
The Volatility Index, $VIX, is still not even trading above 30 and it's BELOW March 10th highs.
In fact, the $VIX would need to rise +140% to break above the August 5th high.
Selling remains orderly here. https://t.co/nTVRSJy2le
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The Volatility Index, $VIX, is still not even trading above 30 and it's BELOW March 10th highs.
In fact, the $VIX would need to rise +140% to break above the August 5th high.
Selling remains orderly here. https://t.co/nTVRSJy2le
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Quiver Quantitative
BREAKING: Nancy Pelosi has lost her spot as the 2nd wealthiest member of Congress, per our estimates.
She has lost $23M in the stock market so far this year. https://t.co/BqSCoeg87a
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BREAKING: Nancy Pelosi has lost her spot as the 2nd wealthiest member of Congress, per our estimates.
She has lost $23M in the stock market so far this year. https://t.co/BqSCoeg87a
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The Kobeissi Letter
BREAKING: French President Macron urges companies to pause all US investments. https://t.co/2dtEgdsRQe
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BREAKING: French President Macron urges companies to pause all US investments. https://t.co/2dtEgdsRQe
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The Kobeissi Letter
BREAKING: Restoration Hardware stock, $RH, collapses -44% as tariffs are announced and the company misses earnings expectations. https://t.co/K18CoDiROa
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BREAKING: Restoration Hardware stock, $RH, collapses -44% as tariffs are announced and the company misses earnings expectations. https://t.co/K18CoDiROa
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Quiver Quantitative
BREAKING: Senators Chuck Grassley (R) and Maria Cantwell (D) are introducing legislation to require Congress to approve all new tariffs within 60 days https://t.co/iDDbBVIZMS
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BREAKING: Senators Chuck Grassley (R) and Maria Cantwell (D) are introducing legislation to require Congress to approve all new tariffs within 60 days https://t.co/iDDbBVIZMS
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The Kobeissi Letter
BREAKING: Dow losses now exceed -1500 points on the day with the S&P 500 down -4.3%. https://t.co/XiqbcZP0BC
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BREAKING: Dow losses now exceed -1500 points on the day with the S&P 500 down -4.3%. https://t.co/XiqbcZP0BC
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The Kobeissi Letter
BREAKING: The Nasdaq 100’s decline officially exceeds -1,000 points on the day, now 2% away from entering a bear market. https://t.co/N86fn59U7U
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BREAKING: The Nasdaq 100’s decline officially exceeds -1,000 points on the day, now 2% away from entering a bear market. https://t.co/N86fn59U7U
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The Kobeissi Letter
BREAKING: The Nasdaq 100 is now 1.3% away from a "circuit breaker" triggering.
This would PAUSE trading for 15 minutes if the drop occurs before 3:25 PM ET.
See our thread below for more details.
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BREAKING: The Nasdaq 100 is now 1.3% away from a "circuit breaker" triggering.
This would PAUSE trading for 15 minutes if the drop occurs before 3:25 PM ET.
See our thread below for more details.
A reminder on how market Circuit Breakers work:
With many retail investors now facing their first potential bear market, Circuit Breakers are back in discussion.
1. Circuit Breaker 1: If the S&P 500 falls -7% below the previous day’s close before 3:25 PM ET, trading stops for 15 minutes.
2. Circuit Breaker 2: If the S&P 500 falls -13% below the previous day’s close before 3:25 PM ET, trading stops for 15 minutes.
3. Circuit Breaker 3: If the S&P 500 falls -20% below the previous day’s close, trading stops for the remainder of the day, regardless of what time it is.
NOTE: For Circuit Breakers 1 and 2, if the S&P 500 falls -7% or -13% AFTER 3:25 PM ET, trading will NOT stop.
These thresholds also apply for the Dow 30 and Nasdaq 100 indices. tweet
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The Kobeissi Letter
RT @KobeissiLetter: A reminder on how market Circuit Breakers work:
With many retail investors now facing their first potential bear market, Circuit Breakers are back in discussion.
1. Circuit Breaker 1: If the S&P 500 falls -7% below the previous day’s close before 3:25 PM ET, trading stops for 15 minutes.
2. Circuit Breaker 2: If the S&P 500 falls -13% below the previous day’s close before 3:25 PM ET, trading stops for 15 minutes.
3. Circuit Breaker 3: If the S&P 500 falls -20% below the previous day’s close, trading stops for the remainder of the day, regardless of what time it is.
NOTE: For Circuit Breakers 1 and 2, if the S&P 500 falls -7% or -13% AFTER 3:25 PM ET, trading will NOT stop.
These thresholds also apply for the Dow 30 and Nasdaq 100 indices.
tweet
RT @KobeissiLetter: A reminder on how market Circuit Breakers work:
With many retail investors now facing their first potential bear market, Circuit Breakers are back in discussion.
1. Circuit Breaker 1: If the S&P 500 falls -7% below the previous day’s close before 3:25 PM ET, trading stops for 15 minutes.
2. Circuit Breaker 2: If the S&P 500 falls -13% below the previous day’s close before 3:25 PM ET, trading stops for 15 minutes.
3. Circuit Breaker 3: If the S&P 500 falls -20% below the previous day’s close, trading stops for the remainder of the day, regardless of what time it is.
NOTE: For Circuit Breakers 1 and 2, if the S&P 500 falls -7% or -13% AFTER 3:25 PM ET, trading will NOT stop.
These thresholds also apply for the Dow 30 and Nasdaq 100 indices.
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