Salvatore Tomasulo

🤍🖤 🦓
winning isn't important,
it's the only thing that matters.
#finoallafine
Zeitraum schlägt Zeitpunkt
just keep buying solid 🇨🇭 dividend stocks

[Salvatore Tomasulo @SalvaTomasulo]

@f_bamba @Aldo_DGDM @Anna_1897 @CN29vfarsopoli @CodBianconero @JuveGigio @michelepat58325 #Karma ci vuole Ca(rm)a 😬🤣

[Thierry from arvy 🇨🇭 @ThierryBorgeat]

Every major asset bubble of the last century, measured from launch to peak:

– Dow, 1903-1929: +1,200%
– Gold, 1970-1980: +2,400%
– Nikkei, 1979-1989: +2,000%
– Nasdaq, 1980-2000: +3,900%
– Gold, 1999-2011: +760%

Now the two entries still being written:

– Nasdaq, 2009-today: +1,918%
– Gold, 2015-today: +420%

The current Nasdaq run has already outgained the Dow into 1929. It's approaching the Nikkei into 1989.

But notice what the list also says: the Nasdaq into 2000 ran to 3,900%. Bubbles don't die at round numbers. The most violent gains of every run on this list came in the final stretch, after the sober money had already left.

1929, 1989, 2000. Every completed entry became a year we use as a warning.

The red entries don't have their year yet.

My guess is
NDX 2028
Gold 2029

[Matthias Geissbühler, CFA, CMT @M_Geissbuehler]

📈📉Halbjahresrück- und Ausblick:

https://t.co/LSFJJTp0hU

#Anlegen

[The Great Martis @great_martis]

Semiconductor index.

Albert Einstein: "If you want to know the future, look at the past".

For one's private perusal.

Enjoy.

[Matthias Geissbühler, CFA, CMT @M_Geissbuehler]

Die Halbzeitbilanz ist positiv: Der SMI inkl. Dividenden legt 10.1% zu. Gross ist die Schere zwischen Spitzenreiter ABB und Schlusslicht Partners Group. Dies unterstreicht die Bedeutung einer breiten Diversifikation.

[Matthias Geissbühler, CFA, CMT @M_Geissbuehler]

���Erstmals in der Geschichte erreicht der Swiss Performance Index (SPI) die Marke von 20'000 Punkten! Wer vor gut 39 in den damals aufgelegten Index (Start: Juni 87) investierte, hat sein Vermögen verzwanigfacht! Die Rendite betrug 7.84% p.a. vs. MSCI World von 6.37% p.a.

[The Great Martis @great_martis]

Good morning 🌅

[Michael Burry Stock Tracker ♟ @burrytracker]

SpaceX is down ~20% since Cramer posted this tweet

$SPCX has now lost $800,000,000,000 in market cap

[Salvatore Tomasulo @SalvaTomasulo]

@juventusxsempr 💯può scrivere la storia come Carlitos #finoAllafine #Salah con #Dybala e #KoloMuani sarebbe un sogno, poi un portiere, un difensore e un centrocampista di qualità e siamo a posto, da vendere ne abbiamo... e pensare che #Salah e #Dybala arriverebbero a parametro zero 😉💪 vamos

[Hedgeye @Hedgeye]

SpaceX's IPO offer is roughly 2x the size of the previous record holder, Saudi Aramco

[The Market Ear @themarketear]

Deja vu?
Silver's setup is starting to look remarkably similar to the late-March low.
https://t.co/zZTL1UkFI8

[Salvatore Tomasulo @SalvaTomasulo]

@tamita_jfc 💯Tevez, Dybala giocatori che hanno fatto la differenza con carattere giusto per citarne due #finoallafine - Dusan uomo da affari e basta ciaooo

[Salvatore Tomasulo @SalvaTomasulo]

@M_Geissbuehler ausser this time is different... 😬🤣

[Matthias Geissbühler, CFA, CMT @M_Geissbuehler]

IPO-Wellen kommen immer am Ende eines Zyklus - nie am Anfang.

[Thierry from arvy 🇨🇭 @ThierryBorgeat]

🚨 We may be looking at the rarest market setup in 50 years.

The S&P 500's four historic drawdowns since 1972:
– 1973 Inflation: -43%
– 1987 Liquidity: -30%
– 2000 Tech: -47%
– 2008 Credit: -55%

Each one was driven by ONE dominant risk.

Right now, all four are present at the same time.

1. INFLATION
A commodity supercycle. Energy, metals, agriculture all in multi-year base breakouts. The Fed's preferred inflation gauge has been above 2% for 18 of the last 24 months.

2. LIQUIDITY
The largest equity supply shock since 2000. SpaceX, OpenAI, Anthropic raising ~$275B combined. Google flipping from $60B/year buybacks to $80B net issuance. Over $1 trillion of IPO and lockup supply hitting the Russell 3000 in 2026.

3. TECH
Semiconductors trading 73% above their 200-day moving average – the largest stretch since March 2000. Climax run signals across the AI complex. Micron, Palantir, SMCI, the SOX index, all showing the textbook O'Neil sell pattern.

4. CREDIT
Apollo, KKR, BlackRock, Blue Owl, Cliffwater, Partners Group – all gating redemptions on their evergreen funds in the last 90 days. The private credit machine is freezing in real time.

Never in 50 years have all four risks been simultaneously present.

But here's the part nobody talks about

While the AI Big 10 has gone vertical, quality stocks have been left for dead.

– Berkshire Hathaway: trailing the S&P 500 by hundreds of basis points
– Coca-Cola, Procter & Gamble, Pepsi: trading at multi-year relative lows
– HEICO, Union Pacific, MSCI: making boring new highs while everyone watches Nvidia
– Healthcare vs. S&P 500: 25-year relative low

The last time this happened?

December 1999. Barron's ran a cover titled "What's Wrong, Warren?" – mocking Buffett for being a dinosaur, for missing the internet, for refusing to pay for growth at any price.

Berkshire was down 19% in 1999 while the Nasdaq was up 85%.

What followed:
– Berkshire +29% over the next 24 months
– Nasdaq -78% over the next 30 months

The setup today

Four historic risks stacked simultaneously, while the boring, durable, cash-flowing businesses that always survive these regimes have been treated like dead money for years.

The math doesn't get more asymmetric than this.

Quality stocks aren't out of style.

They're being orphaned.

That's when generational positions are built.

The boring stuff hasn't worked for a long time.

History suggests that's exactly the moment it starts to.

[Michael Burry Stock Tracker ♟ @burrytracker]

Breaking: Michael Burry said "it feels like the last months of the 1999-2000 bubble"

The last time the Knicks were in the NBA Finals, the Nasdaq peaked 9 months later and fell 78%

History is rhyming hard right now:

1999:
• Knicks are in the NBA Finals
• Nasdaq up 84% that year
• Tech was 33% of the S&P 500
• CAPE ratio hit 40x
• Margin debt at record highs
• Hedge funds had 31% of portfolios in tech

2026:
• Knicks are in the NBA Finals
• Nasdaq up 31% in 12 months
• Tech is 32% of the S&P 500
• CAPE ratio at 40x
• Margin debt at record highs
• Hedge funds have 33% of portfolios in Big Tech

[Salvatore Tomasulo @SalvaTomasulo]

@DeadpoorJuve @MinoMariano già siamo scarsi è abbiamo tutte le nostre colpe, ma i numeri della #Marottaleague sono evidenti, la matematica non è un opinione...da anni una vera #VAR gogna - ci sono stati troppi errori ma nessuno ha mai sbagliato come disse un certo #Gravina #Chinè che rideva la dice lunga

[Salvatore Tomasulo @SalvaTomasulo]

@Fabio_Wallys vero ma male lo stesso siamo alla frutta...arbitri alibi dei perdenti, senza grinta, senza palle non da #Juve

[Matthias Geissbühler, CFA, CMT @M_Geissbuehler]

Die Inflation und die Kapitalmarktzinsen steigen weltweit stark an, an den Börsen findet eine Sektorrotation statt und nächsten Mittwoch muss NVIDIA liefern - sonst droht ein Blutbad im Halbleitersektor. Mehr dazu im CIO Podcast:
https://t.co/CL8i7ZBHri

[Geiger Capital @Geiger_Capital]

30yr auction first 5% coupon since 2007