Jim Stone

Managing Partner/Q106-7 Radio

[The Kobeissi Letter @KobeissiLetter]

Investors are cashing-in massive gains:

Investors sold -$13.9 billion in US equities last week, driven entirely by single stocks.

This comes as single stocks saw -$14.2 billion in outflows, the largest weekly withdrawal in data going back to 2008.

At the same time, equity ETFs posted +$300 million in inflows, the 11th consecutive weekly intake.

Technology stocks led the sales, at -$10.8 billion, the highest weekly sale on record.

As a % of the S&P 500 technology sector's market cap, this was the largest sale since 2014.

Profit-taking is accelerating.

[Trade With Congress @tradewithcong]

Buying the dip is "probably" his forte

Rep. Byron Donalds invested ~$30K into a stock that is currently trading near its 9-yr lows

Why "probably"?

1. The stock is PayPal - $PYPL
2. He sits on the House Financial Services Committee (oversees PayPal's industry)
3. Right now they are advancing stablecoin legislation that could benefit PayPal's PYUSD stablecoin business

Firstly, that's sketchy

Secondly, there might still be time to get in since he's down ~7% on the trade

[Cole Grinde @GrindeOptions]

Can someone explain to me like I’m 9 years old as to why the stock market is falling off a cliff this morning? 🤔

[Jim Stone @JimStone511]

@TheBudKilmer @Coach_Guglielmo I would have thought that at least a few of your disteict titles would have been vacated by now. #moxforever

[Jim Stone @JimStone511]

@jeff_murphy23 @TheCatchFence It was when every NASCAR track became just like the multipurpose baseball stadiums of the 60's & 70's. Every race was exactly alike. Boring!

[Jim Stone @JimStone511]

@TheBudKilmer Could you talk about how you made him an All-State Player....Oh sorry, Coach Lance had taken over by that time!

[Jim Stone @JimStone511]

@TheBudKilmer That needle goes anywhere near his leg, I'm gonna rip off your arms and beat ya with em!

[Jim Stone @JimStone511]

@TheBudKilmer @CSOonX @Nike If you would have Moxon let Mox and his dummy-o's run the oopty oop offense, the Coyotes could have been sponsored by @Nike

[Jim Stone @JimStone511]

@dandakich

[Jim Stone @JimStone511]

@jeff_murphy23 How about we wait until the announcement? Ya think things might change before then?

[Jim Stone @JimStone511]

@TheBudKilmer This small tribute to the legend that was "The Mox" feels completely hollow! Shame on you Kilmer!

[Jim Stone @JimStone511]

@KrockPhoto

[Kyle Holderfield @Coach_H_HHS]

The "what if" of Coach Spack and Morgan Burke hiring Danny Hope over him absolutely kills me to this day.

He has made a great career at Illinois State as HC. Just wish we would have seen him as the HC of Purdue Football.

Had many opportunities to make it right.

[Jim Stone @JimStone511]

@RealLauraSteele Should have been paired with a pack of Marlboro! :)

[Boiled Sports @BoiledSports]

The Purdue coaching tree continues to bloom.

[Jim Stone @JimStone511]

Hey @RB_Mrs Could you make this a Sportscenter #1 play tonight? My buddy @Beaulikesgolf really wants it to happen! 😀

[Purdue Men's Basketball @BoilerBall]

Every night thing. 😮‍💨

📺: FS1

[Jim Stone @JimStone511]

Great run by @BoilerFootball . e saw the great work you did @nitro_tuggle!!!

[Jim Stone @JimStone511]

@BoiledSports We could sure use a Kevin Harlan right about now!

[Jim Stone @JimStone511]

@KrockPhoto No a pushoff....He is "seperating himself" from the defender!

[Jim Stone @JimStone511]

@KrockPhoto Gettin' artsy!!!

[Jim Stone @JimStone511]

@LegendsNascar @kylepetty @GaryNelsonRacer @Rockingham1965 @KPCharityRide The sweetest looking car that has EVER run a @NASCAR race!