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https://x.com/i/lists/1669153613199835138?t=R0mCicxs7zfJE_yOAek4gQ&s=09
AkhenOsiris
This 😥
Time to make up and adjust formula 🤦🏼♂️If you update that fantastic tariff formula for the Vietnam removing tariffs.. the tariff for Vietnam remains exactly the same in that math.. - Random Muppet
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The Kobeissi Letter
The Fear & Greed Index closed the week at 4, Extreme Fear.
There has rarely ever been a time in recent history with more fear in the market. https://t.co/VaPjODwwmR
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The Kobeissi Letter
BREAKING: China cancelled a deal to sell TikTok to the US this week after President Trump announced "reciprocal tariffs." https://t.co/GnWxOsFK1x
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The Kobeissi Letter
It's official:
The Nasdaq 100 is in a bear market following a -6% drop today, the largest drop since March 2020.
US stocks have now erased a massive -$11 TRILLION since February 19th with recession odds ABOVE 60%.
What does it all mean? Let us explain.
(a thread) https://t.co/NMOqfmKyyP
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The Kobeissi Letter
BREAKING: The S&P 500 ends the week down -9.1% in its largest weekly drop since March 2020, erasing -$4 TRILLION of market cap.
Today marked the S&P 500 and Nasdaq's worst day since March 2020. https://t.co/h02V2tzMR7
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The Kobeissi Letter
BREAKING: Senator Ted Cruz, a well known Trump supporter, speaks out against tariffs, says they could cause a "bloodbath" for Republicans in next year's midterm elections. https://t.co/RQAC2jw1qf
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The Kobeissi Letter
BREAKING: The S&P 500 is attempting a rally into the final 30 minutes of trading for the week.
Can bulls get some relief? https://t.co/PNEl8YSfZZ
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The Kobeissi Letter
The U.S. stock market has officially erased $10 trillion since January 20th. https://t.co/oqHc4530h9
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Hidden Value Gems
Every crisis brings an opportunity. Companies that could benefit from the US reshoring. Just high-level ideas without valuation considerations:
1. Industrial Equipment & Construction
Caterpillar $CAT – Heavy machinery for construction and mining
Emerson Electric $EMC – Automation and industrial equipment
Eaton Corporation $ETN – Power management, electrical systems
Rockwell Automation $ROK – Factory automation and control systems
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2. Engineering, Procurement & Construction (EPC)
Fluor Corporation $FLR – Engineering and construction for industrial projects
Jacobs Solutions $J – Engineering, design, and consulting for infrastructure
KBR Inc $KBR – Industrial and government project contractor
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3. Building Materials & Steel
Nucor Corporation $NUE – Steel production, strong US presence.
Steel Dynamics (STLD) – US-based steel producer
Martin Marietta Materials (MLM) – Aggregates and materials for construction
Vulcan Materials $VMC – Concrete and construction aggregates
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4. Industrial REITs (Real Estate Investment Trusts)
They benefit from increased demand for logistics, warehouses, and manufacturing space:
Prologis $PLD – Warehouses and industrial logistics properties
Rexford Industrial Realty $REXR – Focused on Southern California industrial properties
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5. Automation & Robotics
More expensive labor in the US incentivizes automation investments:
ABB Ltd $ABB – Robotics and automation (dual-listed: NYSE and Swiss)
Teradyne $TER – Industrial automation and robotics systems
Autodesk $ADSK – Design software for manufacturing and construction
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6. Domestic Manufacturing & Suppliers
Companies likely to gain from localizing supply chains:
3M $MMM – US-based industrial conglomerate
Illinois Tool Works $ITW – Diversified industrial products with US base
Parker Hannifin $PH – Motion and control technologies, mostly US-based
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The Kobeissi Letter
BREAKING: The S&P 500 is now down -6% on the day and 1% away from a 15 minute trading halt.
If a halt does NOT occur before 3:25 PM ET, there is no halt mechanism into the close.
Between 3:25 PM ET and 4:00 PM ET, markets CANNOT be halted. https://t.co/1xpBNLTAC6
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The Kobeissi Letter
BREAKING: The S&P 500 falls below 5,100 for the first time since April 2024.
Now just 70 points away from a circuit breaker activating for the first time since 2020. https://t.co/QhYQ3r9DOR
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Quiver Quantitative
Ted Cruz: “I don’t think it would be a good idea to have tariffs in perpetuity”
https://t.co/zqKPl7R5eA
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The Kobeissi Letter
BREAKING: The European Union is preparing to fine Elon Musk's X $1 billion for "disinformation." https://t.co/oNfD4KcqkD
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The Kobeissi Letter
BREAKING: The S&P 500 posts its worst day since June 2020 and officially closes down -4.8%, its lowest close since August 2024.
The Russell 2000 is officially in a bear market and the Magnificent 7 are down -25% from their high. https://t.co/f1yJtTpqKL
It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7
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The Kobeissi Letter
BREAKING: The S&P 500 falls to a new low of the day, currently down -4.6% today.
Now down -11.5% since February 19th. https://t.co/AccJShf4gC
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The Kobeissi Letter
BREAKING: Germany is considering withdrawing $124 billion worth of gold from US reserves after President Trump's reciprocal tariffs. https://t.co/RnByoPt4wl
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The Kobeissi Letter
BREAKING: JP Morgan says they expect a US recession in 2025 after this week's events. https://t.co/2bM9cX96XV
It's official:
The Nasdaq 100 is in a bear market following a -6% drop today, the largest drop since March 2020.
US stocks have now erased a massive -$11 TRILLION since February 19th with recession odds ABOVE 60%.
What does it all mean? Let us explain.
(a thread) https://t.co/NMOqfmKyyP
tweet
The Kobeissi Letter
BREAKING: Dow futures extend losses in after hours trading, now down -2,400 points on the day.
Nasdaq 100 futures are down over -1,200 points for a -6.5% drop.
Next week is going to be incredible. https://t.co/nAcyfL0BEY
It's official:
The Nasdaq 100 is in a bear market following a -6% drop today, the largest drop since March 2020.
US stocks have now erased a massive -$11 TRILLION since February 19th with recession odds ABOVE 60%.
What does it all mean? Let us explain.
(a thread) https://t.co/NMOqfmKyyP
tweet
Quiver Quantitative
UPDATE: Before the tariffs were announced, Senator Tommy Tuberville closed out his position in Apple stock.
$AAPL has now fallen 20% since then.
Follow here for alerts on when he buys back in. https://t.co/N8xRkIBcyj
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The Kobeissi Letter
BREAKING: Attempted S&P 500 rally into the close fails, stocks fall to a new low of the day with the index now down -5.8%. https://t.co/ROBT0PekEw
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The All-In Podcast
Chamath's Three Takeaways from Liberation Day 🇺🇸
1) Trump will go through with the tariffs, don't expect a grand capitulation
-- "Trump has had a 40-year view on tariffs."
-- "They're going to go through with this and they're going to see it through."
-- "I don't think you're going to see this grand capitulation."
2) The White House is okay with short-term volatility in the stock market
-- Remember Bessent's quotes on "Main Street over Wall Street" and re-ordering the international trading system
3) Bond yields are down, which will save us hundreds of billions this year
-- "We have $6T we need to finance in the next nine months."
-- "So the singular goal, in my opinion, of the White House, has been move the 10 year as aggressively and as quickly as possible."
-- As of yesterday... you were kissing 4%."
-- "If it had gone in the other direction, 30 or 40 basis points, and it touched 5%, you're talking about hundreds of billions of dollars of extra money that would not have been found, that would've had to be printed."
-- "Irrespective of what you think you know, or what you think you like about tariffs, we should all have a moment where we exhale because the long end of the curve is giving us a respite in a storm."
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The Kobeissi Letter
RT @KobeissiLetter: The "World War 3" of Trade Wars Has Begun:
Americans are waking up to the first MAJOR tariff retaliation against President Trump.
China has announced 34% tariffs on ALL US goods with the S&P 500's 2-day losses now at -$3.5 TRILLION.
Here's what just happened.
(a thread) https://t.co/snIbLMV24D
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The Kobeissi Letter
Signs of a bear market:
CNBC sends their first all-caps push notification since March 2020. https://t.co/Fy6lzoRb3v
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The Kobeissi Letter
Here's the real question:
President Trump says China was charging the US 67% tariffs BEFORE his reciprocal tariffs were announced.
Then, President Trump charged China a 34% tariff rate on Wednesday.
Today, China tariffs all US goods by 34%, and assuming this is on top of the 67% claimed by Trump, that's a total of 101%.
What does Trump do now?
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App Economy Insights
$MSFT Microsoft turns 50 today.
Here’s how they make money—visualized. https://t.co/R4xgk8fIfL
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The Kobeissi Letter
BREAKING: The Dow is now down -2,000 points on the day as the tariff selloff worsens. https://t.co/CCAfQAFdxz
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The Kobeissi Letter
BREAKING: Dow Futures extend losses in after hours trade to -1,800 points on the day. https://t.co/5lC4nL1WAV
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The Kobeissi Letter
WOW.
Today marked the largest single-day point loss for the Nasdaq 100 in HISTORY.
The index lost a total of -1060 points and came just 1.5% away from triggering the first circuit breaker since March 2020.
Buckle up folks. https://t.co/FeVLOO2Swp
It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7
tweet
The Kobeissi Letter
It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7
tweet
The Kobeissi Letter
BREAKING: Stock market losses reaccelerate and fall toward a new low of the day with the Nasdaq 100 down -1,000 points. https://t.co/905rIXQkkJ
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