Yesterday: Michael Burry shutting down hedge fund
April 7: Tom Lee issues apology to investors Signs of time? 🤔 Source: The Market Stats @TheMarketStats
It seems that Michael Burry closing his fund DOES NOT mean he is done
He is planning something massive on Nov 25th...
"NO CUTS" IS NOW MORE LIKELY THAN 25 BPS CUT IN DECEMBER
Mid-October, it was almost a done deal Source: Kalshi @Kalshi
Long-term holders are selling hard.
~815K BTC sold in the past 30 days, the highest level since Jan 2024. With demand contracting, this sell-side pressure is weighing on the price Source: cryptoquant
🔴 Stock Market Crash "Hindenburg Omen" Triggered 🚨
The Hindenburg Omen, an indicator that correctly detected the 1987 and 2008 stock market crashes, has been triggered for the 5th time over the last month 👻😱 ➡️ What is a Hindenburg Open? The Hindenburg Omen is a technical stock-market indicator that attempts to predict increased probability of a market crash. It triggers when several conditions occur at the same time on a stock exchange (usually the NYSE), such as: A high number of new 52-week highs and 52-week lows on the same day A rising 50-day moving average Worsening market breadth Other internal market divergences It’s named after the Hindenburg disaster because it is meant to signal potential “market instability.” Source: Barchart
Nvdia stock is down 10% since the SoftBank story but still gets some brokers upgrades
Source: @StockMKTNewsz on X
We have a deal!
Among the $200B Swiss investment pledges, the US representative cites pharmaceuticals, the gold industry, and even the railway sector.
From @TheEconomist thru Mo El Erian on X:
"America’s surging stockmarket has been driven, most of all, by old investors.... Americans aged 70 and above now own 39% of all stocks and mutual funds (which mostly invest in equities), almost twice as much as was common from 1989 to 2009. The trend reflects a shift in outlook. Elderly Americans’ risk tolerance has shot up."
