Who’s outperforming the SP500 over the past year?
The memes Source: Kevin Gordon @KevRGordon, Bloomberg
$SPX call option volume has surged to completely unprecedented heights over the last four years.
We see over $1.2 trillion in notional trading daily, with over 50% of that expiring the same day, and 75-80% within a week. Short-dated flows have a BIG influence on the market. Source: Markets & Mayhem
So far, this has been the year of precious metals🔥
Performance year-to-date: Platinum +42% Gold +27% Silver +22% Bitcoin +9% The S&P 500 +3% Since the beginning of 2024: Bitcoin +149% Gold +63% Silver +52% Platinum +33% S&P 500 +26% Source: Global Markets Investor
Who would have expected this?
The US bombed Iran over the weekend. Naturally, the SP500 rose 2% on Monday-Tuesday while Crude Oil fell 12% and the hashtag#Volatility Index $VIX crashed 15%. Just as everyone predicted… Source: Charlie Bilello
Berkshire Hathaway $BRK.A in danger of falling below its 200-day moving average for the first time since October 2023 🚨🚨🚨
Source: Barchart
Market cap:
Circle: $72 billion Coinbase: $78 billion Coinbase receives 50% of Circle's revenue. Source: Brew Markets @brewmarkets
BREAKING: Crude Oil
Absolute Rug Pull in Crude Oil now plunging back below its 200D moving average tonight Source: Barchart
2025 so far:
The “Magnificent7” are no longer moving in lockstep like they did in 2023 & 2024: ✅ Meta +16.7% ✅Microsoft +13.7% ✅Nvidia +7.1% ❌Amazon -4.4% ❌Google -11.8% ❌Apple -19.5% ❌Tesla -20.2% Source: Charlie Bilello
