Nomura estimates Friday's leveraged ETF rebalance forced roughly $52 billion of selling, led by $23 billion in Semis, $18 billion in Tech, and nearly $5 billion in the Mag 7.
https://t.co/TFEQZdW5OZ
You're delusional if you think there's nothing to do on the weekends because market is closed.
Not saying you have to, but if you aren't obsessed enough to spend a little time prepping on a sunday, then it's prob best to stick to index funds and go kick rocks.
<10% of active investors beat SPY's average returns...but you're going to waltz in to the most competitive game on earth and consistently beat the market with minimum effort? Ya right. Wake up.
BREAKING: Iran directly rejects Trump's claim that Hormuz "will be opened" as part of a "largely negotiated" agreement he just posted on Truth Social, saying Trump's claim is "far from the truth" and that Hormuz "will remain under Iranian management" with Iran retaining exclusive permanent authority over route, timing, method, and permits, per Fars.
Iran also confirms the nuclear file has not been discussed and that American officials themselves have told Iran in multiple messages that "Trump's tweets are primarily for domestic American propaganda and media consumption" and "should be disregarded." The "largely negotiated" deal claim therefore has no basis.
BREAKING:
The new Fed Chair just signaled a major shift.
Kevin Warsh says QE is fueling inflation.
The Fed's massive balance sheet is part of the problem.
"The Fed should exit markets outside of crises."
This is not Powell talking.
This is a completely different philosophy.
Powell printed. Warsh wants to stop.
Powell expanded the balance sheet. Warsh wants to shrink it. $6,700,000,000,000 in Fed assets.
Warsh just told you that number needs to come down.
- Less liquidity.
- Higher rates for longer.
- Risk assets reprice.
The market has been betting on easy money.
The new Fed Chair just bet against it.
Everything changes on today.