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@klarkus @jasongoepfert Look what happened to meta

@klarkus @jasongoepfert For stocks, if anyone pulls back data center spending and expectations, prices may fall hurting ability to cross capitalize.

On Monday, the S&P 500 $SPY closed at a record high. The next day, at least 1% more stocks hit a 52-week low than a 52-week high. In 70+ years of history, that's happened twice. Yesterday was one. January 3, 2000 was the other.

@EmoryExplorer Skimming mostly; I stick to just a few big picture reports. Have noticed a couple where it seems they want to have a bullish bias. Their learn to use backrest engine options are helpful

@adamestero yeah feels more like noise than signal lately, are you still finding any edge in those updates or just skimming now?

@metapgmr @BobEUnlimited Meta made a mistake of questioning if it’s going to keep up the pace of datactr investment….beat on earnings and beat on revenues; down 10% in a day. THATS what to watch for, sooo much ‘we’re going to spend a trillion$’ pumping it all; while capitalizing expenses

@adamestero @BobEUnlimited I mean what kind of price action is this? (MSFT) With so much spending, virtually no product, no customer and half the world demicrosiftizing? After living though 1999, 2008, 2020, 2022, 2025 and now 2026, I learned one thing, get out of the way at the first sign of a crisis.

Stocks remain elevated despite higher much oil prices & higher yields in recent weeks, effectively pricing in an even greater growth boom ahead just as conditions are getting more challenging.

@claudiaBLG73 @jonbrooks It really is already here. Jobs are lower paying in general and to buy a place on those wages you’re looking at an hour commute so there’s gas and wear and tear. Similar to CA, if you sell and leave to TN or NC, you can’t get back in/on the escalator without paying up.

@jonbrooks lol. California is just ahead of the curve… Florida, Texas next. (For all the California haters) I will enjoy reading about Florida “affordability” issues and fallout in the years ahead.

Florida didn’t have a housing shortage. It had a migration bubble. People from NY, NJ, and CA pulled forward 10 years of demand in 3 years. Now? They already moved. The next buyer is priced out. That’s why pending sales are collapsing.

@skyeluque @jonbrooks

@jonbrooks This is true but also true is the wealthiest people from all over the world have a slice of South Florida which is the primary reason why real estate is so unaffordable down here. So many of us have neighbors who are not Americans and it seems unfair.

@ChrisCillizza @TheRealFosh Yes they think they’d only the top 10% that are watching

This "EVERYTHING IS ACTUALLY GREAT" messaging on the economy is beyond dumb. It doesn't comport with peoples' lived reality. And it makes the GOP look deeply out of touch.

@TheRealFosh @jonbrooks THIS price area is the slowest. Very few ‘move up’ buyers as they are stuck in the units they bought in 19/20/21. Also no one wants stairs it seems.

@jonbrooks I want to know who's going to buy all these $750k 3000 sq ft, 5bed 4 bath houses popping up like rabbits during mating season. They're too expensive for young, too big for seniors & nothing special for the wealthy. It's not just inventory, it's the price & size!

@jonbrooks There’s also very very ample amount of empty second homes. Plenty of units, but a lot of people need to live in two homes.

The S&P 500, adjusted for corporate profits, has reached levels similar to December 1999. Which was very close to a secular market top. Maybe this time is different—maybe not. One thing is certain: in terms of classic valuation metrics, current levels are far from a bargain.

@metapgmr @BobEUnlimited Selling /cl and buying /es only works for a bit. Mkt irrationality vs solvency perhaps

@BobEUnlimited Let's all agree that the plunge. Protection team is working preemptively to make the news appear all bad. What 1 B barils missing when markets are at ATH? This is Feb 2020 all over.

@BobEUnlimited “Investors” can only pay attention to one thing at a time! Today’s its ’earnings climb 20%” without realizing a very very substantial part of this is going to like 10companies. Give it another two weeks and then we’ll talk about inflation as summer driving season starts 5/31.

@realDonaldTrump NO DONALD the term 86 that originated in the 1930's Soda fountain days..was a term taken up by restaurants to mean ..OFF the MENU , SOLD out ..No long available - AND if you were a miserable customer ..they would 86 your ass out the door ..No killing involved. MOB BOSSES USE

COLLINS: Do you really think that Comey was threatening your life with that post? TRUMP: Well if anybody knows anything about crime, they know '86' is a mob term for 'kill 'em.' You ever see the movies?

A review by WAPO found that Allen did not fire his gun, despite the DOJ charging him with doing so. That would also mean that the secret service agent who was struck, and is fortunately okay, was hit by friendly fire. I gifted this so you can read it. wapo.st/4tQWvNW

This trade is just too crowded. This is not a timing tool, but rather a warning that the current situation is not sustainable and that mean reversion is likely over the coming years.

@MebFaber 2% is a downright bargain compared to this purposefully obfuscated highway robbery: x.com/BobEUnlimited/…

The Nasdaq 100 $QQQ closed up more than 0.5%. Fewer than 29% of stocks on the Nasdaq advanced today. This has not happened in at least 28 years.

Old enough to remember when Trump posted this. Maybe somebody should tell Melania.

@MishGEA @tyillc @jlounsbury59 @USRoute41 @mtmalinen @jimiuorio @JonFraserTF @GratkeWealth @grok @dgsommersmkts And that sometime this autumn they’ll tell us we have been in a recession

GDP Release on Thursday, Here’s the Latest Forecast @tyillc @jlounsbury59 @USRoute41 @mtmalinen @jimiuorio @JonFraserTF @GratkeWealth @grok @dgsommersmkts Base forecast is 1.2% with real final sales at 0.9% and real final private domestic sales at 1.8% mishtalk.com/economics/gdp-…

@MishGEA @tyillc @jlounsbury59 @USRoute41 @mtmalinen @jimiuorio @JonFraserTF @GratkeWealth @grok @dgsommersmkts My guess is .2%, due to gdp deflator/inflation