Big shift happening in the market:
The equal-weight S&P 500 ETF ($RSP) is crushing the regular S&P 500 ETF ($SPY) by +5.0% so far in June—its best month since 2009.
$RSP is up +1.9% this month while $SPY is down -3.1%. Just this week, $RSP beat $SPY by +3.4%, the biggest
Leverage in Asian markets is starting to show cracks.
Trade defaults from margin buying in Taiwan hit $62M in June—the highest monthly since records started in 2019.
Defaults have jumped 300% in two months, now ~20% above the 2021 peak.
Margin purchases surged 160% in
@PlayBookTrades Feel free to add my WhatsApp anytime—let’s be friends! I regularly share stock ideas and market updates with the group ✅
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@PlayBookTrades Feel free to add my WhatsApp anytime—let’s be friends! I regularly share stock ideas and market updates with the group ✅
Here’s the link :https://t.co/tqmJVH7Liz!