The Kobeissi Letter
RT @KobeissiLetter: POLL: Do you support President Trump's trade war?
Comment your reasoning below.
- Yes
- No
tweet
RT @KobeissiLetter: POLL: Do you support President Trump's trade war?
Comment your reasoning below.
- Yes
- No
tweet
Offshore
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Finding Compounders
“Every time Wal-Mart spends one dollar foolishly, it comes right out of our customers' pockets. Every time we save them a dollar, that puts us one more step ahead of the competition”
Book : https://t.co/99EEA6kHc6 https://t.co/9dYx5kxsYW
tweet
“Every time Wal-Mart spends one dollar foolishly, it comes right out of our customers' pockets. Every time we save them a dollar, that puts us one more step ahead of the competition”
Book : https://t.co/99EEA6kHc6 https://t.co/9dYx5kxsYW
tweet
The Kobeissi Letter
BREAKING: President Trump says the trade war goes beyond tariffs and includes "non-monetary barriers."
He explains how the European Union makes it "very hard to sell a product" due to regulations.
It appears President Trump is seeking MORE than just the elimination of tariffs on US products.
tweet
BREAKING: President Trump says the trade war goes beyond tariffs and includes "non-monetary barriers."
He explains how the European Union makes it "very hard to sell a product" due to regulations.
It appears President Trump is seeking MORE than just the elimination of tariffs on US products.
tweet
Offshore
Photo
The Kobeissi Letter
The LESSON investors learned today:
At 10:15 AM ET, US stocks swung $7 TRILLION in 30 minutes on a "fake" tariff deal headline.
While the move was undone, we obtained KEY information about the current state of the market.
Here's what you need to know.
(a thread) https://t.co/89vcYClp7X
tweet
The LESSON investors learned today:
At 10:15 AM ET, US stocks swung $7 TRILLION in 30 minutes on a "fake" tariff deal headline.
While the move was undone, we obtained KEY information about the current state of the market.
Here's what you need to know.
(a thread) https://t.co/89vcYClp7X
tweet
Offshore
Photo
The Kobeissi Letter
More signs of a rush to the sidelines:
The share of S&P 500 stocks trading above their 200-day moving average has dropped to 23%, the lowest since October 2022.
This percentage has declined a whopping ~54 points since November.
To put this into perspective, this metric stood at 3% and 12%, respectively, at 2020 and 2022 bear market lows.
Moreover, the share of the Nasdaq 100 stocks above their 200-day moving average has fallen to 21%, the lowest since October 2022.
In other words, we have seen the most rapid market sell-off since the 2020 pandemic.
Volatility is here to stay.
tweet
More signs of a rush to the sidelines:
The share of S&P 500 stocks trading above their 200-day moving average has dropped to 23%, the lowest since October 2022.
This percentage has declined a whopping ~54 points since November.
To put this into perspective, this metric stood at 3% and 12%, respectively, at 2020 and 2022 bear market lows.
Moreover, the share of the Nasdaq 100 stocks above their 200-day moving average has fallen to 21%, the lowest since October 2022.
In other words, we have seen the most rapid market sell-off since the 2020 pandemic.
Volatility is here to stay.
The LESSON investors learned today:
At 10:15 AM ET, US stocks swung $7 TRILLION in 30 minutes on a "fake" tariff deal headline.
While the move was undone, we obtained KEY information about the current state of the market.
Here's what you need to know.
(a thread) https://t.co/89vcYClp7X tweet
Offshore
Photo
The Kobeissi Letter
We are witnessing historic trading activity:
Daily US option volumes surpassed 100 MILLION contracts for the first time in history.
Option volume has exceeded the previous record set last month by 19 million contracts.
US stock and ETF put option volumes alone hit a record 53 million contracts.
Put volumes have now surpassed the previous high posted during the March 2023 Banking Crisis by 16 million contracts.
All while trading volume on all US exchanges reached 26.4 billion shares, an all-time high.
Truly mind-blowing numbers.
tweet
We are witnessing historic trading activity:
Daily US option volumes surpassed 100 MILLION contracts for the first time in history.
Option volume has exceeded the previous record set last month by 19 million contracts.
US stock and ETF put option volumes alone hit a record 53 million contracts.
Put volumes have now surpassed the previous high posted during the March 2023 Banking Crisis by 16 million contracts.
All while trading volume on all US exchanges reached 26.4 billion shares, an all-time high.
Truly mind-blowing numbers.
The LESSON investors learned today:
At 10:15 AM ET, US stocks swung $7 TRILLION in 30 minutes on a "fake" tariff deal headline.
While the move was undone, we obtained KEY information about the current state of the market.
Here's what you need to know.
(a thread) https://t.co/89vcYClp7X tweet