% Off 52-Week High
Gold: -3% S&P: -5% Apple: -9% Amazon: -14% Microsoft: -16% Google: -19% Nvidia: -22% Bitcoin: -24% Palantir: -33% Coinbase: -41% Tesla: -43% Ethereum: -46% MicroStrategy: -56% Dogecoin: -59% Trump Media: -70% Trump Coin: -83% Fartcoin: -89% Melania Coin: -94%
The End of the Trump Trade?
When Donald Trump won the election on November 5, the so-called "Trump trades" surged—Tesla, crypto, tech, oil, and banks all rallied. But since Trump officially took office on January 20—and especially over the past week—these trades have started to unwind. Source: HolgerZ, Bloomberg
At $80,000, Bitcoin is now down around 27% from its all-time high of $109,000.
Is that a big drawdown for Bitcoin? No... Source: Charlie Bilello
🚨74% of bitcoin losses came from holders who bought in the last month
🚨Newcomers are getting shaken out. Source: Quinten | 048.eth @QuintenFrancois on X, Glassnode
DOGE DEFLATIONARY EFFECTS?
Bloomberg Economics estimates that if hashtag#DOGE attempts to go for savings of $600B/year, GDP could take a -2% hit by the end of this year, the unemployment rate could rise by nearly a percentage point, and CPI y/y could fall by nearly 0.9 percentage points. Source: Kevin Gordon @KevRGordon on X
🚨US budget deficit is SKYROCKETING: The US borrowed $838 billion in the first 4 months of Fiscal Year 2025, or $7 BILLION A DAY.
This is $306bn HIGHER than the corresponding period last year, according to CBO👇 Source: Global Markets Investor @GlobalMktObserv
If you had invested $10,000 into Nvidia $NVDA stock when it went public in 1999 and held to today you'd currently have $52.6 Million
source : evan
Tesla $TSLA is currently the 5th worst-performing stock in the S&P 500 YTD, down 23%. Brutal.
Source: Trend Spider
