Surge ⛪️

🙏

[Andrew Thrasher, CMT @AndrewThrasher]

In the last almost 30 years, the number of times there's been at least 7% of stocks making a 52-week low when the S&P 500 was at a 52-week high: Two

[The Kobeissi Letter @KobeissiLetter]

Investors have never used this much leverage:

US margin debt surged +$83 billion in April, to a record $1.3 trillion.

Over the last 12 months, margin debt has risen +$453 billion, or +53%.

As a result, margin debt is up to a record 5.2% of US GDP.

This is ~3 percentage points above both the pre-2008 Financial Crisis level and well above the 2000 Dot-Com Bubble peak.

Market leverage is through the roof.

[J @j_intradaytrade]

Most traders think becoming profitable is some massive transformation

It's not

You don't suddenly become smarter

You don't unlock some secret edge that unprofitable traders don't have

You just stop taking trades you shouldn't be taking

You stop tilting after a loss and doubling down trying to make it back

You stop letting your emotions make decisions that your brain should be making

That's it

The market didn't change

Your strategy didn't change

YOU just stopped getting in your own way

The gap between an unprofitable trader and a profitable one is almost never skill

It's self-control

[Surge ⛪️ @Surgee30]

@AtifHussainOG Trading The worst thing ever happened to me
Gods punishment

[Jason Goepfert @jasongoepfert]

So, again, this is just shouting into a void.

But this is the most new lows within the S&P 500 $SPY on a day the index poked above a prior all-time closing high.

Ever.

Like EVER, ever.

[TrendSpider @TrendSpider]

$OKLO Down on an EPS Beat

EPS: $(0.19) vs $(0.20) est

🟥 -2.13%

[Ariel Hernandez @RealSimpleAriel]

$QQQ just hit 10x ATR from the 50sma today.

Something that didn't even happen during the dot com bubble!

[philarekt @philarekt]

THE MAN WHO CALLED EVERY CRASH IS DOING IT AGAIN

Last time he talked like this, Nasdaq crashed 75%

Took 12 years to recover

Dotcom 1999: "Euphoria is the enemy"
AI Bubble 2026: "Never seen people in a more gambling mood"

Same words, different decade, same ending incoming

Berkshire is sitting on $397 billion in CASH right now

Not stocks, not assets, not crypto

Follow me - I'll keep you updated on everything here

[Ted @TedPillows]

Déjà vu?

$SPX

[The Kobeissi Letter @KobeissiLetter]

BREAKING: We have obtained further information as Iran considers taking control of 7 undersea internet cables in the Strait of Hormuz.

Details include:

1. Under the new policy, “foreign operators” would be required to obtain permits to use these cables

2. This would include paying fees and following Iranian law

3. All management and maintenance would be handled by Iranian companies

4. The IRGC has previously warned it could target these same cables

These cables are critical for data traffic between Europe, Asia, and the Gulf.

[Ted @TedPillows]

S&P 500 compared to the US M2 supply is now the most overvalued since the 2000 dot-com bubble.

[Jason Goepfert @jasongoepfert]

Look, I know none of this stuff matters anymore. But my G*d.

This will be the 4th time the S&P 500 $SPY has hit a record high while 5% of its members fall to 52-week lows.

1. July 1929
2. January 1973
3. December 1999
4. Today

[Rho Rider @RhoRider]

⛔️Here’s a crazy chart to chew on.

Btwn March 2000- Sept 2002, Nasdaq fell 83.6% from Dotcom peak to bottom

83.6% below Nasdaq today lands EXACTLY back at the Dotcom peak.

Coincidence? 😅

[Surge ⛪️ @Surgee30]

@A_Najumi Which part in NY are you staying?

[Surge ⛪️ @Surgee30]

Ok

[Surge ⛪️ @Surgee30]

@salmaogs Salma I’m sorry I misspelled

[Jason Goepfert @jasongoepfert]

The S&P 500 $SPY rallied at least 0.25% to a new high.

Not even 40% of its stocks rose on the day.

This has happened two other times since 1962. LOL, make of it what you will.