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Investor & Trader Insights Collection

[Charlie Bilello @charliebilello]

The Ratio of the Defensive Consumer Staples ETF to the S&P 500 ETF has moved down to its lowest level on record, below where it stood at the dot-com bubble peak in March 2000. $XLP $SPY

[Cassandra Unchained @michaeljburry]

Shorting is a world filled with slippery slopes and sand castles. The sand castles are real, and vulnerable, but the slippery slopes drive men insane and ultimately prevent most from being properly positioned when the castle is washed away.

[Sundar Pichai @sundarpichai]

On Monday we announced an equity offering for Alphabet - part of our multi-year investment strategy to meet the AI opportunity ahead and support the demand we’re seeing from enterprises and consumers. Pleased to share the offering was well over-subscribed. We raised a total of ~$45B, with an additional $40B to come as part of an “at the market” program starting in Q3 (for a total of ~ $85B). A huge thank you to our investors, including Berkshire Hathaway who invested $10B.

[*Walter Bloomberg @DeItaone]

Trump: We could go another two or three weeks

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US House of Representatives has voted to restrict President Trump’s ability to continue the Iran War without congressional approval.

The measure passed in a 215 to 208 vote, with four Republicans joining Democrats in support.

[*Walter Bloomberg @DeItaone]

Trump: Could have the blockade of Iran lifted by Labor Day

[*Walter Bloomberg @DeItaone]

TRUMP: IRAN HAS AGREED THEY WILL NOT HAVE A NUCLEAR WEAPON

[ClaudeDevs @ClaudeDevs]

We've reset 5-hour and weekly rate limits for all users on Pro and Max plans.

We fixed an issue that caused some Claude Code sessions to spawn excessive parallel subagents, burning through usage faster than expected.

[Jukan @COMPUTEX @jukan05]

KOSPI 12000

[*Walter Bloomberg @DeItaone]

Rubio: The war in Iran is over

[Nick Timiraos @NickTimiraos]

Cleveland Fed President Beth Hammack says if recent trends continue, rate hikes may "soon" be appropriate 

“If we wait for definitive evidence that high inflation has become embedded in the economy, it may require larger policy adjustments, at greater cost.”

https://t.co/tzAqcHTtFT

[Charlie Bilello @charliebilello]

Almost there...

[*Walter Bloomberg @DeItaone]

$MSTR - STRATEGY'S BITCOIN U-TURN:WSJ

For years, Michael Saylor urged investors to never sell bitcoin—famously saying, “Sell a kidney if you must, but keep the bitcoin.” Now, his company, Strategy, is preparing to sell part of its bitcoin holdings to remain solvent. The irony is hard to miss: Saylor still appears to have both kidneys.

[*Walter Bloomberg @DeItaone]

IRAN SAYS U.S. MESSAGE EXCHANGE HALTED

An Iranian source says there is currently no message exchange with the U.S., contradicting claims of ongoing progress. The source reports talks on an initial understanding have stalled for several days. It also noted Iran’s last communication with Washington concerned Lebanon and drew international attention, despite President Trump stating negotiations are advancing rapidly.

[*Walter Bloomberg @DeItaone]

TRUMP SAYS HE THINKS HE WILL HAVE AN AGREEMENT WITH IRAN TO EXTEND THE CEASEFIRE AND REOPEN THE STRAIT OF HORMUZ "OVER THE NEXT WEEK" -ABC NEWS

[The Kobeissi Letter @KobeissiLetter]

Call option volume is skyrocketing:

Call options now reflect 70% of total options market volume, the highest in at least 4 years.

Since early April, this percentage has risen +25 points, the largest 2-month increase on record.

This also exceeds the previous brief surge of ~68% seen in late 2025.

To put this into perspective, the average over the last 2 years was ~55%.

Furthermore, the total notional value of S&P 500 call options relative to the S&P 500's market cap is up to a record 4.1x, doubling over the last 2 months.

Bullish appetite is rapidly surging.

[*Walter Bloomberg @DeItaone]

IRAN'S PEZESHKIAN: WE WILL TRY TO MAKE THE PASSAGE OF JAPANESE SHIPS THROUGH HORMUZ EASIER

[*Walter Bloomberg @DeItaone]

TRUMP PREDICTS OIL PRICES WILL FALL "LIKE A ROCK" SOON.

[*Walter Bloomberg @DeItaone]

IRAN'S TOP NEGOTIATOR QALIBAF: NAVAL BLOCKADE BY U.S. AND ESCALATION OF WAR CRIMES IN LEBANON BY ISRAEL ARE CLEAR EVIDENCE OF U.S. NONCOMPLIANCE WITH THE CEASEFIRE - POST ON X

[Barchart @Barchart]

Shiller PE Ratio is now just 3.5% away from passing the Dot Com Bubble as the most expensive stock market valuation in history 🚨🚨🚨