The Kobeissi Letter
WOW.

On Thursday, hedge funds sold stocks at the largest 1-day amount since 2010.

Meanwhile, retail investors bought $4.7 BILLION of stocks on Thursday, a 10+ year high.

Today, the S&P 500 has erased another -$1.5 trillion of market cap, bringing 2-day losses to -$3.5 trillion.

Did retail just get trapped by Wall Street?
tweet
Offshore
Photo
Investing visuals
Where do you think we are right now? https://t.co/QplqVBhRUI
tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: US markets accelerate losses as Fed Chair Powell pushes back on rate cut hopes.

“Higher for longer” and a global trade war, the perfect combination for historic volatility. https://t.co/cVkq5omynv
tweet
Offshore
Photo
The Kobeissi Letter
White House official on President Trump's "thinking" right now, per the Washington Post: https://t.co/4vz2CCkr9F
tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Warren Buffett says social media reports alleging that he supports the tariffs being implemented are fake.

This comes after President Trump posted a video which said Buffett praised Trump's tariffs. https://t.co/EJmDDi89Fh
tweet
Offshore
Video
The Kobeissi Letter
President Trump posted this video today:

"Trump is crashing the stock market by 20% this month, but he's doing it on purpose."

"Why is he doing this? To push cash into treasuries."

Our followers have known about this for 3 months, but he's now explicitly stating it. https://t.co/4akpzm2LAw
tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: The S&P 500 collapses to a new low of the day, now down -5.3%. https://t.co/wU6LpuAwz7
tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Silver prices extend losses to -8.2% on the day as the rush to the sidelines accelerates into the weekend. https://t.co/1zWh5u7Sxz
tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: The S&P 500 is now 1.4% away from its first circuit breaker since March 2020.

If the S&P 500 falls below 5,018 before 3:25 PM ET, a 15-minute Level 1 trading halt will begin.

If it occurs after 3:25 PM ET, trading will NOT be halted. https://t.co/SB6E7hlKBQ
tweet
Offshore
Photo
Quiver Quantitative
Wow.

Nancy Pelosi has now lost $12M in the stock market in the last two days.

Down another $4.5M today. https://t.co/v4dmOwI8FO
tweet
Quiver Quantitative
BREAKING: Trump is signing an executive order to extend the TikTok ban deadline.

The bill passed by Congress required that it be sold by April 5th.

It was passed by an overwhelming majority then, but I'm doubtful that anyone is going to fight the extension too hard.
tweet