$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
Average Daily Options Volume jumps to an all-time high.
Source: Barchart @Barchart
After the suspected United Healthcare CEO shooter Luigi Mangione was captured, "Luigi Coin" jumped +35,000%.
Luigi Coin hit a market cap of $60 MILLION with $100 million+ in volume over the last 24 hours... Source: The Kobeissi Letter
Idexx Laboratories Rebounding Off Major Swing Support Zone
Idexx Laboratories (IDXX US) recently tested the swing support zone between 372-431 and is now rebounding off that level with increasing volume. Source: Bloomberg
