Giant Meteor

The Giant Meteor of Truth is coming 🔨🇺🇸 AMERICA ONLY ✝️

[Giant Meteor @Giant_Meteor3]

In the simplest terms, according to the Bible, God wants us to:

Love God: Worship and obey Him with all our heart, soul, and mind (Deuteronomy 6:5; Matthew 22:37).

Love Others: Treat others with love, kindness, and justice, as we would want to be treated (Matthew 22:39; Micah 6:8).

Follow Jesus: Believe in Him, follow His teachings, and share His message (John 3:16; Matthew 28:19–20).

Care for Creation: Steward the earth and its resources responsibly (Genesis 1:28; 2:15).

Live Righteously: Seek holiness, humility, and faithfulness in our actions (1 Peter 1:15–16; Micah 6:8).

[The Kobeissi Letter @KobeissiLetter]

A handful of stocks now dominate US market trading:

Nvidia, $NVDA, is the most actively traded stock in the US market, accounting for 3.0% of total market notional volume year-to-date.

This is followed by Micron, $MU, at 2.8%, Tesla, $TSLA, at 2.1%, and SanDisk, $SNDK, at 1.5%.

Together, the 10 most-traded stocks have accounted for an average of 16.4% of total market notional volume YTD.

Meanwhile, some of these names have worse liquidity than the average S&P 500 stock, with SanDisk posting an average bid-ask spread of 12.4 basis points, more than double the S&P 500's 5.9 basis point average.

Tesla, Microsoft, $MSFT, and Alphabet, $GOOGL, also have smaller average order sizes available at the best bid and offer than the typical S&P 500 stock, suggesting thinner liquidity despite their enormous trading volumes.

A few stocks a driving a massive amount of market volume.

[The Kobeissi Letter @KobeissiLetter]

The US government is ramping up hiring:

Government job openings jumped +10,000 in June, to 823,000, the highest since June 2025.

This marks the 4th consecutive monthly increase, totaling +98,000.

Since November 2025, available vacancies in the government have surged +165,000.

Meanwhile, federal government job openings rose +39,000 in June, to 139,000, the highest since October 2024.

This marks the largest monthly increase since May 2024.

Government hiring is soaring.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: July CPI inflation falls to 3.4%, in-line with expectations of 3.4%

Core CPI inflation falls to 2.5%, also in-line with expectations of 2.5%.

Month-over-month CPI inflation rose +0.1%, up from -0.4% in June.

US stock market futures are rising on the news.

[Reasonus4 @reasonus4]

@KobeissiLetter Because the inflation numbers are cooked.
Inflation is a lot higher. Mathematical probability of inflation numbers coming in exactly as expected down to the decimal? ZERO
Give me a fucking break.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Gold future surge above $4,500/oz for the first time since June 5th.

This puts gold futures up +14% since July 17.

The gold market knows exactly what is coming next.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Josh Kushner and Bob Iger are buying the Los Angeles Lakers for a record $12 billion.

This marks the highest price ever paid for a professional sports franchise.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says the US has “total control” over the Strait of Hormuz and “I think we will keep it.”

[The Kobeissi Letter @KobeissiLetter]

Leveraged ETFs are now driving markets.

Leveraged ETFs now account for a record 16% of total global ETF daily trading value.

This is despite representing only ~$250 billion, or 1%, of the total ~$22 trillion global ETF industry.

This comes as 30-day average trading volume in leveraged ETFs has tripled since January, to a record ~$70 billion in June.

Furthermore, long-leveraged ETFs are seeing ~$43 billion in average daily turnover, compared to ~$18 billion in short-leveraged funds.

Meanwhile, AI-related long-leveraged ETFs now account for a record 58% of total exposure across long-leveraged ETFs, up from 26% in 2022.

Among single-stock long-leveraged ETFs, memory stocks alone account for 48% of total exposure.

This market is seeing massive amounts of leverage.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says White House Press Secretary Karoline Leavitt is resigning.

[Giant Meteor @Giant_Meteor3]

@KobeissiLetter Where are they buying

[The Kobeissi Letter @KobeissiLetter]

BREAKING: SpaceX stock, $SPCX, extends gains to over +10% on the day, now up nearly +40% over the last five trading days.

The stock has added +$550 billion in market cap since August 6th.

[Skip Bayless @RealSkipBayless]

1st DiJonai says her immediate tweet "white privilege" was not about her ejection. Now Stephanie White claims she did not see the play "in real time," spoke about it afterward without seeing replays. WHAT??? SHE'S THE HEAD COACH! Preposterous insulting excuses. This league.

[Benny Johnson @bennyjohnson]

NBC’s reaction to finding out 5 USB sticks in Milwaukee were MISSING RESULTS of the Election at midnight is priceless.

Steve Kornacki was speechless…

[Yeehaw! @AtxYeehaw]

So, what you're saying is that to be truly trans you have to got through hormone therapy and sexual reassignment surgery? Someone just can't identify as trans? Am I getting it right? And so, those who just identify are not their chosen non-biological sex and therefore not trans. Got it.

[From the Land of Sky Blue Waters 🇺🇸 @HammsLager]

@waltermasterson Are these things required by the WNBA?

Because I don't think these things are required by the WNBA.

[Giant Meteor @Giant_Meteor3]

@waltermasterson 😂😂😂 the bit comment shows how fake it is

[Giant Meteor @Giant_Meteor3]

So that’s your definition of a woman? Got it @MattWalshBlog

[Walter Masterson @waltermasterson]

As a progressive, I fully support Enes Kanter Freedom and Royce White declaring themselves for the WNBA.

I only ask that they commit to the bit.

Medically transition. Take HRT, take blockers. Show us what your performance looks like when your body is at a deficit of both testosterone and estrogen.

Do this for 2-3 years. Then show up to open tryouts and show us all how well you perform after gaining 30% in fat mass and losing 5% muscle mass.

Go ahead Enes and Royce, chemically transition, or STFU.

[Rep. Anna Paulina Luna @RepLuna]

I don’t support student loan bailouts. I support making loans FAIR. If you borrowed the money, pay it back, but the federal government shouldn’t make a fortune off the interest. Cap it at 2%.

[Cole Grinde @GrindeOptions]

What $TSLA is doing is building out their network, their infrastructure, their personnel and their tech bottlenecks for Robotaxi squared away.

Then this is all taken care of, this is when they launch wide scale and at speeds never seen before.

Slowly and then all at once.

10% per week is something they’ve been able to keep constant for the services growth.

[Liz Churchill @liz_churchill10]

They really should’ve listened to the Conspiracy Theorists…