⁠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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⁠The Kobeissi Letter
BREAKING: President Trump says he is not making a deal with China unless it solves the trade deficit.

Trump was just asked about the stock market decline and responded, "some times you have to take medicine."

Trump continues to double down on his trade war.
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⁠The Kobeissi Letter
BREAKING: Nasdaq 100 futures extend decline to -6% after President Trump was asked about the stock market crash and responds, "some times you have to take medicine." https://t.co/n8a7f8qLwk
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⁠The Kobeissi Letter
BREAKING: President Trump says US trade deficits with China and Europe can only be "cured" with tariffs.
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⁠Hidden Value Gems
Wondering if Buffett will be able to deploy BRK’s cash for a significant acquisition this time?

He may be concerned by the profitability and possible capital requirements of the businesses he already owns…

#WarrenBuffett #BRK
- He will buy smth big
- He will miss like in 2020
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⁠Hidden Value Gems
RT @HiddenValueGems: My latest post is out, in which I discuss my Portfolio and share some thoughts on the markets and possible future steps.

#StockMarket #Investing #Stocks #Value https://t.co/NswAH5FM65
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⁠The Kobeissi Letter
The free fall continues:

Today's drop in US stock market futures puts S&P 500 futures down -22% and in bear market territory.

The US stock market has now erased an average of $400 billion PER TRADING DAY for 32-straight days.

Is it time to BUY stocks yet?

(a thread) https://t.co/MMtYgQXhh2
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⁠The Kobeissi Letter
BREAKING: Circuit breakers have been triggered in Japan's Nikkei 225 and TOPIX stock market indices.

We are seeing the market's first circuit breakers since March 2020.

The free fall continues:

Today's drop in US stock market futures puts S&P 500 futures down -22% and in bear market territory.

The US stock market has now erased an average of $400 billion PER TRADING DAY for 32-straight days.

Is it time to BUY stocks yet?

(a thread) https://t.co/MMtYgQXhh2 - The Kobeissi Letter
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⁠The Kobeissi Letter
BREAKING: President Trump says, "We have to solve our trade deficit ... Unless we solve that problem, I'm not going to make a deal." https://t.co/TXcH7qIuJf

The free fall continues:

Today's drop in US stock market futures puts S&P 500 futures down -22% and in bear market territory.

The US stock market has now erased an average of $400 billion PER TRADING DAY for 32-straight days.

Is it time to BUY stocks yet?

(a thread) https://t.co/MMtYgQXhh2 - The Kobeissi Letter
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⁠The Kobeissi Letter
BREAKING: Nvidia stock, $NVDA, falls below $86.00 in overnight trading for the first time since April 2024.

Nvidia is now down -44% from its all time high. https://t.co/tqAISAlFfo
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⁠The Kobeissi Letter
TECH STOCKS IN OVERNIGHT TRADING:

1. Robinhood, $HOOD: -17%
2. AppLovin, $APP: -17%
3. Palantir, $PLTR: -10%
4. Tesla, $TSLA: -10%
5. Nvidia, $NVDA: -10%
6. Broadcom, $AVGO: -10%
7. AMD, $AMD: -9%
8. Meta, $META: -8%
9. Amazon, $AMZN: -6%
10. Alphabet, $GOOGL: -6%

US stocks have now erased over $13 TRILLION of market cap since February 19th.

The Nasdaq 100 and S&P 500 are now set to open in bear market territory.

Buckle up.
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