Ryan Bute

Stick to the facts.

[Ryan Bute @RyanBute]

@krassenstein Finally went through puberty

[Ryan Bute @RyanBute]

@MarioNawfal @Apple take notes

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Moderna stock, $MRNA, extends gains to +212% on the day in after hours trading following positive phase 3 results of first the mRNA treatment to prevent cancer.

The stock has now added over +$50 billion in market cap today.

[Ryan Bute @RyanBute]

@markajohnson83 double whopper is the best

[Ryan Bute @RyanBute]

@BurgerKing I stopped eating Burger King for years because the food quality and presentation was horrible. Happy to say the last couple of months everything ordered was great! Keep up on the quality control! I can happily say I love my Burger King!

[Ryan Bute @RyanBute]

@MsVeilMoney Nvdia

[Ryan Bute @RyanBute]

@MyWebTimes Why don’t you list the take away below? You’d get more reactions and paid by X. I’ll pass on the link.

[Ryan Bute @RyanBute]

@krassenstein 😂😂

[Ryan Bute @RyanBute]

@BarbellFi Downsize the house and keep money invested. Spend less.

[Ryan Bute @RyanBute]

@clbradfish Spot on

[Ryan Bute @RyanBute]

@Endure2Thrive B

[Ryan Bute @RyanBute]

@GuntherEagleman You can just see the hate in her face

[Ryan Bute @RyanBute]

@krassenstein Biden let it get out of control! Your posts are misleading and looks like we are moving in the right direction. Market futures are clearly celebrating the easing inflation.

[Ryan Bute @RyanBute]

@krassenstein @grok @grok did any president?

[Ryan Bute @RyanBute]

@krassenstein @grok did George Washington wear a wig?

[Ryan Bute @RyanBute]

@DekmarTrades Better thank 9k

[The Kobeissi Letter @KobeissiLetter]

Global investors have rarely been this bullish:

Bank of America's Bull & Bear Indicator is up to 9.6 points, the highest since December 2020.

The gauge measures equity and bond fund flows, hedge fund and fund manager equity positioning, credit market conditions, and market breadth.

This metric is now at its 3rd-highest level in 24 years, indicating an extremely positive market sentiment.

This comes as 5 out of 6 indicator components show bullish and very bullish readings, with only global stock market breadth at neutral.

The most recent increase in the gauge has been driven by fund manager cash allocation, which has fallen -0.5 percentage points month-over-month, to 3.6%, near the lowest in 13 years.

Investor appetite for stocks has rarely ever been stronger.

[Ryan Bute @RyanBute]

@KobeissiLetter Who’s going to catch this falling knife ?🔪

[Michael A. Gayed, CFA @leadlagreport]

QQQ +3.14%. RSP +0.58%.

The index rally was real.

The breadth behind it was much less impressive.

When mega-cap tech does the heavy lifting, investors confuse price strength with market strength.

[The Kobeissi Letter @KobeissiLetter]

US consumers are worried about their finances:

In May, 43.6% of Americans reported being financially worse off than a year ago, the highest reading since January 2023.

This marks the 3rd consecutive monthly increase and the longest streak since 2022.

By comparison, this figure peaked at 51.3% in June 2022.

Prior to the 2020 pandemic, this reading never exceeded 20.0% during the 2017-2019 period.

Looking ahead, 36.0% of US consumers expect to be financially worse off over the next year, the 2nd-highest since October 2022.

This percentage is twice the average seen between 2015 and 2019.

Consumers are feeling the pain of inflation and high rates.