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The Kobeissi Letter
BREAKING: The S&P 500 erases -$1.7 trillion in market cap at the open. https://t.co/7BhPnVr9lS
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BREAKING: The S&P 500 erases -$1.7 trillion in market cap at the open. https://t.co/7BhPnVr9lS
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The Kobeissi Letter
RT @KobeissiLetter: "Reciprocal tariffs" are officially HERE:
President Trump just announced tariffs on 185 countries AT ONCE, one of the largest tariffs in US history.
S&P 500 futures erased -$2 TRILLION of market cap in under 15 minutes.
What just happened? Let us explain.
(a thread) https://t.co/S4pmsDweNB
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RT @KobeissiLetter: "Reciprocal tariffs" are officially HERE:
President Trump just announced tariffs on 185 countries AT ONCE, one of the largest tariffs in US history.
S&P 500 futures erased -$2 TRILLION of market cap in under 15 minutes.
What just happened? Let us explain.
(a thread) https://t.co/S4pmsDweNB
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The Kobeissi Letter
BREAKING: The Russell 2000 Index officially enters bear market territory for the first time since 2022.
Small caps are getting crushed in this trade war. https://t.co/gFlkwpIRZc
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BREAKING: The Russell 2000 Index officially enters bear market territory for the first time since 2022.
Small caps are getting crushed in this trade war. https://t.co/gFlkwpIRZc
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The Kobeissi Letter
BREAKING: Today's -3.7% drop puts the S&P 500 track for its largest daily decline since the 2020 pandemic lockdowns.
Since the after hours high at 4:25 PM ET yesterday, the S&P 500 has erased nearly $3 TRILLION in market cap.
Below is a testimonial from one of our premium subscribers.
At 3:02 PM ET yesterday, we took more SHORTS in the S&P 500 and called for a drop below 5,500 in the index.
Less than 2 trading hours later, and the S&P 500 is down -200 points and the Russell 2000 is in bear market territory.
$SPY puts are up nearly +600% since our entry.
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BREAKING: Today's -3.7% drop puts the S&P 500 track for its largest daily decline since the 2020 pandemic lockdowns.
Since the after hours high at 4:25 PM ET yesterday, the S&P 500 has erased nearly $3 TRILLION in market cap.
Below is a testimonial from one of our premium subscribers.
At 3:02 PM ET yesterday, we took more SHORTS in the S&P 500 and called for a drop below 5,500 in the index.
Less than 2 trading hours later, and the S&P 500 is down -200 points and the Russell 2000 is in bear market territory.
$SPY puts are up nearly +600% since our entry.
@TKLSubscribers Thanks again guys. I think it’s time I buy that annual subscription 😂 https://t.co/Tj2hoboGb9 tweet
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The Kobeissi Letter
BREAKING: The 10-year note yield briefly drops below 4.00% for the first time since October 2024 as markets price-in increased recession risk. https://t.co/m4jzYlM9yQ
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BREAKING: The 10-year note yield briefly drops below 4.00% for the first time since October 2024 as markets price-in increased recession risk. https://t.co/m4jzYlM9yQ
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Quiver Quantitative
BREAKING: We just caught another politician violating the STOCK Act.
Representative Dwight Evans just disclosed two trades from over 150 days ago.
Congress is legally required to disclose trades within 45 days of when they are made.
Trade list is up on Quiver. https://t.co/QNEXR7m0HK
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BREAKING: We just caught another politician violating the STOCK Act.
Representative Dwight Evans just disclosed two trades from over 150 days ago.
Congress is legally required to disclose trades within 45 days of when they are made.
Trade list is up on Quiver. https://t.co/QNEXR7m0HK
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The Kobeissi Letter
RT @vernam79: @TKLSubscribers Your TA and guidance has been nothing short of spectacular. On point and has made me cut through all the noise. Thank you 🙏🏾 https://t.co/QNgBdHnIYq
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RT @vernam79: @TKLSubscribers Your TA and guidance has been nothing short of spectacular. On point and has made me cut through all the noise. Thank you 🙏🏾 https://t.co/QNgBdHnIYq
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The Kobeissi Letter
BREAKING: US stocks extend losses to a new low of the day as the Russell 2000 enters a bear market and the S&P 500 nears -$2 trillion in lost market cap. https://t.co/H6e0AogYPc
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BREAKING: US stocks extend losses to a new low of the day as the Russell 2000 enters a bear market and the S&P 500 nears -$2 trillion in lost market cap. https://t.co/H6e0AogYPc
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The Kobeissi Letter
BREAKING: Prediction markets now see 3 interest rate cuts in 2025 for a total of 75 basis points, per @Kalshi.
As recession odds rise, markets think that the Fed will be forced to cut rates as soon as next month. https://t.co/mS32lZi0JN
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BREAKING: Prediction markets now see 3 interest rate cuts in 2025 for a total of 75 basis points, per @Kalshi.
As recession odds rise, markets think that the Fed will be forced to cut rates as soon as next month. https://t.co/mS32lZi0JN
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