⁠The Kobeissi Letter
The Kobeissi Letter for the week of April 7th has been published and may be viewed through the link below:

https://t.co/6TDuawjZAN

The Chart of the Week for the week of April 7th has been published. View or sign up for FREE through the link below:

https://t.co/jCCx3iSLbJ
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⁠The Kobeissi Letter
BREAKING: US stock market futures officially reopen with S&P 500 futures down -2.1%.

This brings total 3-day losses to -12.6%. https://t.co/WHZi72L5Cu
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⁠The Kobeissi Letter
BREAKING: S&P 500 futures extend losses to -4.5% bringing 3-day losses to -15%.

The S&P 500 is on track to open in bear market territory. https://t.co/47lSWr4RcJ
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⁠Quiver Quantitative
BREAKING: Stock market futures just opened, and are deep red again.

Members of Congress sold stock before the tariffs were announced: https://t.co/vavcs1SX7r
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⁠The Kobeissi Letter
The Dow is now down almost -6,000 points in 3 trading days.

This is beyond panic selling. https://t.co/Pj6sdSuOq0
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⁠The Kobeissi Letter
BREAKING: Brokerage firms are sending out circuit breaker warnings as US stock market futures extend 3-day losses to over -15%. https://t.co/NvdR9B0EcY
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⁠The Kobeissi Letter
BREAKING: Russell 2000 futures briefly hit limit down threshold of -7%.

We’re not even in the cash session yet and at limit down levels. https://t.co/OXRXwDWlhF
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⁠The Kobeissi Letter
Current situation:

1. Stock market futures are down -15% in 3 days like we are in a depression

2. Oil prices are trading below $60 like demand has collapsed

3. Gold prices are down $180 in 2 sessions like there's a flight to cash

4. Bond prices are skyrocketing like the economy has halted

5. The Magnificent 7 Index is down -35% like AI hype is over

6. Sentiment is down to March 2020 levels like we are entering a lockdown

This is a mass flight to the sidelines.
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⁠Quiver Quantitative
Marjorie Taylor Greene posted a Venmo link to her followers, shortly after we posted about her Dollar General gains: https://t.co/N6hMsfb6wM

Look at this.

Marjorie Taylor Greene bought Dollar General stock before the tariffs were announced.

$DG has now risen 28% since her purchase. https://t.co/OP56iJ5IFA - Quiver Quantitative
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⁠The Kobeissi Letter
POLL: Do you support President Trump's trade war?

Comment your reasoning below.
- Yes
- No
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⁠The Kobeissi Letter
RT @KobeissiLetter: This is truly insane:

On February 20, JP Morgan CEO Jamie Dimon sold $234 million worth of $JPM stock.

On February 22, Warren Buffett disclosed a record $334 BILLION cash balance.

30 trading days later, the Nasdaq 100 crashed -24%.

How did they know?

(a thread) https://t.co/k6hvmkz3WY
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