Offshore
Photo
The Kobeissi Letter
This is insane:
Nasdaq 100 futures are currently casually down another -300 points in after hours trading.
This puts today's total losses at -1050 points, or -5.8%, today ALONE.
If the market was open, we would be -1.2% away from a circuit breaker.
Panic selling has arrived. https://t.co/qpErqYwkMo
tweet
This is insane:
Nasdaq 100 futures are currently casually down another -300 points in after hours trading.
This puts today's total losses at -1050 points, or -5.8%, today ALONE.
If the market was open, we would be -1.2% away from a circuit breaker.
Panic selling has arrived. https://t.co/qpErqYwkMo
tweet
Offshore
Photo
The Kobeissi Letter
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
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
Offshore
Photo
The Kobeissi Letter
BREAKING: Total US put option volume just hit its highest level on record, per ZeroHedge.
Shorts are going all-in. https://t.co/aX7CHkYbHA
tweet
BREAKING: Total US put option volume just hit its highest level on record, per ZeroHedge.
Shorts are going all-in. https://t.co/aX7CHkYbHA
tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Nasdaq 100 futures post a near 400-point reversal in 3 hours and turn GREEN overnight. https://t.co/lSbON4YhKb
tweet
BREAKING: Nasdaq 100 futures post a near 400-point reversal in 3 hours and turn GREEN overnight. https://t.co/lSbON4YhKb
tweet
Offshore
Video
App Economy Insights
RT @EconomyApp: 📊 This Week in Visuals:
$AVGO $COST $SE $MRVL $JD $TGT $FLUT $VEEV $IOT $HPE $MDB $BBY $ONON $OKTA $GTLB $CELH
Check out the latest earnings 👇 https://t.co/JiHKY0Btf4
tweet
RT @EconomyApp: 📊 This Week in Visuals:
$AVGO $COST $SE $MRVL $JD $TGT $FLUT $VEEV $IOT $HPE $MDB $BBY $ONON $OKTA $GTLB $CELH
Check out the latest earnings 👇 https://t.co/JiHKY0Btf4
tweet
Offshore
Photo
The Kobeissi Letter
Heading into tomorrow:
1. Nasdaq 100 futures have posted a 350+ point red to green reversal
2. Nasdaq 100 index is down -12% in 13 trading days
3. Total US put option volume just hit its highest level on record
4. Many large cap tech stocks are down 30%+ from all time high
5. Fear & Greed Index is at Extreme Fear levels
Are we overdue for a massive short squeeze?
tweet
Heading into tomorrow:
1. Nasdaq 100 futures have posted a 350+ point red to green reversal
2. Nasdaq 100 index is down -12% in 13 trading days
3. Total US put option volume just hit its highest level on record
4. Many large cap tech stocks are down 30%+ from all time high
5. Fear & Greed Index is at Extreme Fear levels
Are we overdue for a massive short squeeze?
tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: President Trump says he is going to "buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk."
This comes as Tesla stock, $TSLA, has fallen -55% from its all time high. https://t.co/7D5kFZEBXM
tweet
BREAKING: President Trump says he is going to "buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk."
This comes as Tesla stock, $TSLA, has fallen -55% from its all time high. https://t.co/7D5kFZEBXM
tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Tesla stock, $TSLA, rises over +6% from its overnight low and turns positive as President Trump says he is buying a Tesla tomorrow "as a show of confidence and support for Elon Musk."
Truly anything is possible in this market. https://t.co/QiVWjX7lif
tweet
BREAKING: Tesla stock, $TSLA, rises over +6% from its overnight low and turns positive as President Trump says he is buying a Tesla tomorrow "as a show of confidence and support for Elon Musk."
Truly anything is possible in this market. https://t.co/QiVWjX7lif
BREAKING: President Trump says he is going to "buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk."
This comes as Tesla stock, $TSLA, has fallen -55% from its all time high. https://t.co/7D5kFZEBXM tweet
Offshore
Photo
The Investing for Beginners Podcast
RT @IFB_podcast: Understanding Free Cash Flow: https://t.co/ZcBIrHQxog
tweet
RT @IFB_podcast: Understanding Free Cash Flow: https://t.co/ZcBIrHQxog
tweet