⁠The Kobeissi Letter
BREAKING: White House Trade Advisor Navarro says "I expect the market to quickly find a bottom."

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 he spoke with Japan's Prime Minister this morning and he is sending a top team to negotiate.

"Countries from all over the world are talking to us," he says. https://t.co/ftEMg6fHmV
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⁠The Kobeissi Letter
BREAKING: The S&P 500 officially opens in bear market territory for the first time since 2022. https://t.co/zzcoTzRFSV
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⁠Finding Compounders
Warren Buffett, in his 1991 letter, explains how economic franchises arise . https://t.co/bk864zJ4Zt
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⁠The Kobeissi Letter
BREAKING: Nvidia, $NVDA, rises +9% from its low of the day and turns green. https://t.co/RFHeSpNmFW
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⁠The Kobeissi Letter
BREAKING: The S&P 500 rises above 5,100 posting a MASSIVE 300 point reversal.

The S&P 500 just added $2 TRILLION in 30 minutes. https://t.co/r4bptAPMPo
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⁠Quiver Quantitative
BREAKING: There are reportedly talks of a 90-day pause on tariffs.

The market is up 4% in the last few minutes.
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⁠The Kobeissi Letter
BREAKING: President Trump is considering a 90-day pause on tariffs for ALL countries except for China.

The S&P 500 just added +$2.5 TRILLION in 20 minutes on this headline.
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⁠The Kobeissi Letter
BREAKING: The S&P 500 adds +$4 TRILLION in 20 minutes as President Trump is reportedly considering a 90-day pause on tariffs. https://t.co/441aJYJOD8
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⁠The Kobeissi Letter
BREAKING: No one at the White House is aware of Trump considering a 90-day tariff pause, per CNBC.

The S&P 500 just fell -230 points from its high in 10 minutes.

WOW.
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⁠The Kobeissi Letter
BREAKING: CNBC is reporting that headlines of President Trump considering a tariff pause are FALSE.

S&P 500 -$2 trillion over the last 10 minutes. https://t.co/b9H3UwOEDK
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⁠The Kobeissi Letter
BREAKING: The White House says it is "unaware" of the 90-day tariff pause being attributed to White House Advisor Hassett.

The S&P 500 just swung a total of $7 TRILLION of market cap in 30 minutes.

What is happening here?
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