⚡️ JUST IN: Bitcoin balances on exchanges have dropped to their lowest point ever.
Source: Cointelegraph @Cointelegraph
The 20 largest US stocks represent $24 trillion in market cap
Close to the total of the 480 other stocks in the S&P 500 ($29.8T) as well as the entire U.S. economy, measured at $27T in GDP in 2023.2
BREAKING: ‼️🤖
Google makes quantum computing breakthrough with new chip capable of solving computational problems in under 5 minutes, that would otherwise take the leading supercomputer: 10,000,000,000,000,000,000,000,000 years Source: Radar
$3.7 TRILLION BABY...
Apple $AAPL is the first company to have a market cap larger than $3.7 Trillion Source: Evan @StockMKTNewz
We are maxed out across a host of sentiment indicators.
Source: Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi, Goldman Sachs
Blackrock (524,571) and MSTR (423,650) collectively own almost 1 million bitcoin (out of 21 million) between just the two.
Source: zerohedge
The US stock market is making history:
The SP500 is now on track to outperform global stocks for the 14th year out of the last 15. This is the longest streak in at least 75 years. During this period, the index has rallied 446%, almost DOUBLE the 229% gain of the MSCI World index. This year alone, the S&P 500 has risen 28%, beating global stocks by 6 percentage points. As a result, the US stock market now reflects a record 74% of the MSCI World Index, even surpassing the 1970s. Source: Bloomberg Opinion, The Kobeissi Letter
⚠️MONDAY MARKET WARNING:
There were only 2 times in history when the cost of hedging for a month against S&P 500 drop was lower than now. This means these put options will profit if the SP500 falls by at least 50 points at any time over the next month. Source: Global Markets Investor
