FLOWMAGEDON... This is absolutely insane:
1. Tesla, $TSLA, has added $450 billion in 1 month 2. Bitcoin has added $1 trillion over the last 12 months 3. The S&P 500 has added $15 trillion over the last 13 months 4. Gold has added $4.5 trillion over the last 12 months 5. Nvidia, $NVDA, has added $2.4 trillion over the last 12 months 6. The Magnificent 7 have added $9 trillion over the last 4 years We are witnessing one of the greatest runs in stock market history.
A VERY IMPORTANT CHART: Bitcoin vs. global M2 ->
One month later, it's tick for tick.. It seems it could be going much higher... Source: zerohedge.com, Bloomberg
Dogecoin is up 170% in the last month
Source: Adam Singer
YTD
Bitcoin +106% Gold +27% Source: Mike Zaccardi, CFA, CMT, MBA
🔸Senator Lummis has put forward a bill for the U.S. Govt to buy 200,000 hashtag#Bitcoin per year over 5 years for a total of 1,000,000 $BTC
At today's price that would be worth $87 BILLION Source: Bitcoin Archive
The YOLO crowd is back.
Retail investors were clearly in the driver's seat today, with Bitcoin-sensitive names finishing +19.7% and Goldman Sachs Meme Basket (GSXUMEME Index) closing +7%! Source: Bloomberg, HolgerZ
Quote of the day:
Source: Compounding Quality
Republicans officially retain control of the U.S. House, giving the GOP a Trifecta; Control of both chambers of Congress and the Presidency.
The Republicans have won control of the U.S. House of Representatives after the party took 218 seats in national elections, according to a Decision Desk HQ projection on NewsNation. Source: @america
