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The Kobeissi Letter
BREAKING: US Commerce Secretary Lutnick says US tariffs will go UP if a country retaliates.
In other words, we are about to see retaliatory tariffs on retaliatory tariffs on retaliatory tariffs.
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BREAKING: US Commerce Secretary Lutnick says US tariffs will go UP if a country retaliates.
In other words, we are about to see retaliatory tariffs on retaliatory tariffs on retaliatory tariffs.
"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 tweet
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The Kobeissi Letter
BREAKING: OPEC agrees to raise production by MORE than expected in May 2025, adding 411,000 barrels of crude oil to the market per day.
OPEC knows oil prices are crashing regardless. https://t.co/SYwqefB3u7
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BREAKING: OPEC agrees to raise production by MORE than expected in May 2025, adding 411,000 barrels of crude oil to the market per day.
OPEC knows oil prices are crashing regardless. https://t.co/SYwqefB3u7
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The Kobeissi Letter
RT @TKL_Adam: If you zoom out and take a look at the Volatility Index, $VIX, you’ll realize something:
Selling has actually been surprisingly *orderly* all year.
The $VIX is under 30 like panic selling hasn’t even start yet. https://t.co/rfSe2kjOkz
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RT @TKL_Adam: If you zoom out and take a look at the Volatility Index, $VIX, you’ll realize something:
Selling has actually been surprisingly *orderly* all year.
The $VIX is under 30 like panic selling hasn’t even start yet. https://t.co/rfSe2kjOkz
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Quiver Quantitative
Before the tariffs were announced, Senator Tommy Tuberville closed out his position in Apple stock.
$AAPL is down 8% today.
Follow here for alerts on when he buys back in. https://t.co/VJkG5PhOb1
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Before the tariffs were announced, Senator Tommy Tuberville closed out his position in Apple stock.
$AAPL is down 8% today.
Follow here for alerts on when he buys back in. https://t.co/VJkG5PhOb1
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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
tweet
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
tweet
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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