Lumber prices continue to sink amid a soft US housing market
Source: The Daily Shot
Rolex prices are down almost 40% from highs
Source: Michael Burry Stock Tracker ♟
Nvidia Looking for Support
Nvidia (NVDA US) has started its consolidation. The first minor support is at 117. An interesting level to keep an eye on is the 107-112 zone, which also represents a 50% Fibonacci retracement. If all those levels break, there is the gap zone at 96-101.60 that could be filled and, of course, the major support zone at 75.60-84.35, but that seems so far away! Source: Bloomberg
Bitcoin at demand zone
Bitcoin (XBTUSD) showed positive signs in May with a break above the last swing high, suggesting that the consolidation could be over. Yesterday's sell-off (-8%) reached a strong demand zone. Keep an eye on this level. Source: Bloomberg
Semiconductors 2025 revenue growth (expected) vs. earnings multiple
Source: Shay Boloor
The end of ice age... Will we come back one day to a world of negative yielding debt???
Below chart shows the USD Market Value of negative yielding debt. It peaked above $18T after Covid... Source: Bloomberg
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by Denis Waitley
No reasons to worry at all... Just bros living in the moment...
More seriously remember what the East-West divide and the new world order (as defined by Zoltan) are all about: Wars are about alliances: the enemy of your enemy becomes your friend... After the BRICS, should we focus instead on Turkey, Russia, Iran, China, and North Korea playing “TRICKs” – an alliance of economies sanctioned by the U.S. getting ever closer economically and militarily?
