Offshore
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Finding Compounders
“Every time Wal-Mart spends one dollar foolishly, it comes right out of our customers' pockets. Every time we save them a dollar, that puts us one more step ahead of the competition”
Book : https://t.co/99EEA6kHc6 https://t.co/9dYx5kxsYW
tweet
“Every time Wal-Mart spends one dollar foolishly, it comes right out of our customers' pockets. Every time we save them a dollar, that puts us one more step ahead of the competition”
Book : https://t.co/99EEA6kHc6 https://t.co/9dYx5kxsYW
tweet
The Kobeissi Letter
BREAKING: President Trump says the trade war goes beyond tariffs and includes "non-monetary barriers."
He explains how the European Union makes it "very hard to sell a product" due to regulations.
It appears President Trump is seeking MORE than just the elimination of tariffs on US products.
tweet
BREAKING: President Trump says the trade war goes beyond tariffs and includes "non-monetary barriers."
He explains how the European Union makes it "very hard to sell a product" due to regulations.
It appears President Trump is seeking MORE than just the elimination of tariffs on US products.
tweet
Offshore
Photo
The Kobeissi Letter
The LESSON investors learned today:
At 10:15 AM ET, US stocks swung $7 TRILLION in 30 minutes on a "fake" tariff deal headline.
While the move was undone, we obtained KEY information about the current state of the market.
Here's what you need to know.
(a thread) https://t.co/89vcYClp7X
tweet
The LESSON investors learned today:
At 10:15 AM ET, US stocks swung $7 TRILLION in 30 minutes on a "fake" tariff deal headline.
While the move was undone, we obtained KEY information about the current state of the market.
Here's what you need to know.
(a thread) https://t.co/89vcYClp7X
tweet
Offshore
Photo
The Kobeissi Letter
More signs of a rush to the sidelines:
The share of S&P 500 stocks trading above their 200-day moving average has dropped to 23%, the lowest since October 2022.
This percentage has declined a whopping ~54 points since November.
To put this into perspective, this metric stood at 3% and 12%, respectively, at 2020 and 2022 bear market lows.
Moreover, the share of the Nasdaq 100 stocks above their 200-day moving average has fallen to 21%, the lowest since October 2022.
In other words, we have seen the most rapid market sell-off since the 2020 pandemic.
Volatility is here to stay.
tweet
More signs of a rush to the sidelines:
The share of S&P 500 stocks trading above their 200-day moving average has dropped to 23%, the lowest since October 2022.
This percentage has declined a whopping ~54 points since November.
To put this into perspective, this metric stood at 3% and 12%, respectively, at 2020 and 2022 bear market lows.
Moreover, the share of the Nasdaq 100 stocks above their 200-day moving average has fallen to 21%, the lowest since October 2022.
In other words, we have seen the most rapid market sell-off since the 2020 pandemic.
Volatility is here to stay.
The LESSON investors learned today:
At 10:15 AM ET, US stocks swung $7 TRILLION in 30 minutes on a "fake" tariff deal headline.
While the move was undone, we obtained KEY information about the current state of the market.
Here's what you need to know.
(a thread) https://t.co/89vcYClp7X tweet
Offshore
Photo
The Kobeissi Letter
We are witnessing historic trading activity:
Daily US option volumes surpassed 100 MILLION contracts for the first time in history.
Option volume has exceeded the previous record set last month by 19 million contracts.
US stock and ETF put option volumes alone hit a record 53 million contracts.
Put volumes have now surpassed the previous high posted during the March 2023 Banking Crisis by 16 million contracts.
All while trading volume on all US exchanges reached 26.4 billion shares, an all-time high.
Truly mind-blowing numbers.
tweet
We are witnessing historic trading activity:
Daily US option volumes surpassed 100 MILLION contracts for the first time in history.
Option volume has exceeded the previous record set last month by 19 million contracts.
US stock and ETF put option volumes alone hit a record 53 million contracts.
Put volumes have now surpassed the previous high posted during the March 2023 Banking Crisis by 16 million contracts.
All while trading volume on all US exchanges reached 26.4 billion shares, an all-time high.
Truly mind-blowing numbers.
The LESSON investors learned today:
At 10:15 AM ET, US stocks swung $7 TRILLION in 30 minutes on a "fake" tariff deal headline.
While the move was undone, we obtained KEY information about the current state of the market.
Here's what you need to know.
(a thread) https://t.co/89vcYClp7X tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Leveraged ETF assets have now plummeted a massive $45 billion year-to-date to their lowest since April 2024.
This is a -36% drop in roughly 3 months.
By comparison, during the 2022 bear market, it took ~6 months, or twice as long, for a similar percentage decline.
The 3x Leveraged Nasdaq 100 ETF is currently down -59% in just 6 weeks.
As the market experienced its sharpest sell-off since the 2020 pandemic, appetite for leverage trading has significantly declined.
Risk appetite is rapidly declining.
tweet
BREAKING: Leveraged ETF assets have now plummeted a massive $45 billion year-to-date to their lowest since April 2024.
This is a -36% drop in roughly 3 months.
By comparison, during the 2022 bear market, it took ~6 months, or twice as long, for a similar percentage decline.
The 3x Leveraged Nasdaq 100 ETF is currently down -59% in just 6 weeks.
As the market experienced its sharpest sell-off since the 2020 pandemic, appetite for leverage trading has significantly declined.
Risk appetite is rapidly declining.
The LESSON investors learned today:
At 10:15 AM ET, US stocks swung $7 TRILLION in 30 minutes on a "fake" tariff deal headline.
While the move was undone, we obtained KEY information about the current state of the market.
Here's what you need to know.
(a thread) https://t.co/89vcYClp7X tweet
Offshore
Video
The All-In Podcast
Ben Shapiro on his message to the American people if he were to run for president: "I'll get everybody the hell outta your way so you can succeed."
@benshapiro on All-In E222:
"It'd be pretty horrifying to run for office."
"But if I were gonna run, I would be running on the basic idea that in this country, the only thing that you are promised is the adventure."
"I'm not gonna lie to you. I'm not gonna make you promises that I can't keep about how I'm gonna fix your life."
"Because the truth is, I really can't."
"All I can do is help get the obstacles out of the way so you can fix your life, and you can make your life better."
"One of the things that drives me up a wall is when politicians say, 'I created X jobs,' or 'We created X jobs.'"
"You didn't create a job, okay. The government does not create jobs. The government can take money from people and then give it to other people, but it is only entrepreneurs who can create jobs."
"And so the way that you fight China off is not by the power of a centralized government directing people in a particular direction."
"The way that you fight off China is by unleashing the collective knowledge, wisdom, and ambition of the American people on an individual level to go out and do all of these unbelievable things."
"And that would be the promise that I'd make to the American people is I'll get everybody the hell outta your way so you can succeed."
tweet
Ben Shapiro on his message to the American people if he were to run for president: "I'll get everybody the hell outta your way so you can succeed."
@benshapiro on All-In E222:
"It'd be pretty horrifying to run for office."
"But if I were gonna run, I would be running on the basic idea that in this country, the only thing that you are promised is the adventure."
"I'm not gonna lie to you. I'm not gonna make you promises that I can't keep about how I'm gonna fix your life."
"Because the truth is, I really can't."
"All I can do is help get the obstacles out of the way so you can fix your life, and you can make your life better."
"One of the things that drives me up a wall is when politicians say, 'I created X jobs,' or 'We created X jobs.'"
"You didn't create a job, okay. The government does not create jobs. The government can take money from people and then give it to other people, but it is only entrepreneurs who can create jobs."
"And so the way that you fight China off is not by the power of a centralized government directing people in a particular direction."
"The way that you fight off China is by unleashing the collective knowledge, wisdom, and ambition of the American people on an individual level to go out and do all of these unbelievable things."
"And that would be the promise that I'd make to the American people is I'll get everybody the hell outta your way so you can succeed."
tweet