The sp500 yesterday
Source: Brew markets
Will the -500 days / + 500 days hashtag#trading strategy on bitcoin work again this time?
At the time of this writing, hashtag#Bitcoin 500 day strategy is still on track. 1) Buy Bitcoins 500 days Before Halving 2) Hold & Do Nothing 3) Sell 500 Days After Halving 4) Repeat Last halving was on April 20th. This would imply an intermediary top on the 17th of August 2025. Source: Mags @thescalpingpro
This is the 12-month return potential of some of your favourite AI-related stocks calculated based on spread between consensus price target and current share price.
Consensus seems to be missing the Palantir story, at least for now (this is a partial list) Source: David Ingles, Bloomberg
Looking at today's market action when Bloomberg announced that the White House said they discussed about firing Powell, it seems that Deutsche Bank was right...
Maybe Trump & Bessent watched the market and decided to immediately "TACO"...
Party like it's 1999! Goldman posts best stock-trading quarter in Wall Street History
At $4.3bn, equity-trading revenue for Q2 was about $600mln more than what analysts were expecting and $100mln above Q1. Source: HolgerZ, Bloomberg
Over the past 24 hours, Bitcoin investors realized $3.5B in profits.
🔹 Long-term holders took $1.96B (~56%) 🔹 Short-term holders took $1.54B (~44%) One of the largest $BTC profit realization days this year - driven mostly by long-term holders. Source: Glassnode
⚠️ JPMorgan Chase on Tuesday topped analysts’ estimates on better-than-expected revenue from fixed income trading and investment banking.
▶️ The bank said that second-quarter earnings fell 17% to $14.9 billion, or $5.24 a share, from the year-earlier period, when it had a $7.9 billion gain on Visa shares. But even when backing out a $774 million income tax benefit that boosted per share earnings by 28 cents, JPMorgan topped estimates for the quarter. 🔴 $JPM JPMorganChase Q2 FY25. • Net revenue -11% Y/Y to $44.9B ($1.7B beat). • Net Income -17% Y/Y to $15.0B. • EPS: $4.96 ($0.48 beat). • FY25 NII ~$95.5B ($1.0B raise). Source: App Economy Insights, CNBC
BofA forgot to include bitcoin in their "best performing asset of the decade" table.
Bitcoin $BTC is up almost 1600% this decade 📈📈
