China is, by far, the largest exporter.
Source: Jason Smith @ShangguanJiewen on X
Over a third of the S&P 500 is now concentrated in the "Magnificent Seven" stocks, up from a fifth of the index two years ago.
Source: Charlie Bilello
Will we see a short-covering rally in bonds?
In case you missed it: - $TLT short interest is near RECORD highs, while... - TLT has seen massive outflows Bond market shorts are about to get squeezed. A rally in bonds could be bullish for stocks. Source: Subu Trade
Prosus Back on Key Level
Prosus (PRX NA) broke out of a major resistance level last September, posting a new high and reaffirming the bullish trend. The stock has consolidated 20% since the highs and is now testing the last demand zone before the breakout. Keep an eye on the price action for potential opportunities. Source: Bloomberg
Earnings do matter
Source: Investment Strategy Group, Bloomberg, S&P Global
Donald Trump's new SEC to begin overhauling the agency's crypto policies "as early as next week" 👀
Source: Reuters
Yesterday, the easing of US inflation fears sparked a huge surge higher in rate-cut expectations for 2025 (back up to 40bps from 28bps)...
Source: Bloomberg, zerohedge
BREAKING: Google Trends interest about bitcoin are currently at their highest level since 2021.
Worldwide searches for the Bitcoin have doubled over the last several weeks. However, search interest is still below the December 2017 peak and spikes seen in 2019 and 2021. Since November 1st, Bitcoin prices have surged 42.5% and are trading near $100,000. Source: The Kobeissi Letter
