Bulls, you are now back on track for the fastest crash from all time high in history. pic.twitter.com/Al2GqeJkDF
— Mac10 (@SuburbanDrone) May 15, 2024
GameStop, $GME, down 35%.
— unusual_whales (@unusual_whales) May 15, 2024
BREAKING: The S&P 500 has just hit its 23rd all time high this year and is now up 29% since October 2023.
This means that the S&P 500 has officially added $10 TRILLION in market cap since its October 2023 low.
The index is now up 11.5% in 2024 even as a total of four interest… pic.twitter.com/Tzq7rBxWum
— The Kobeissi Letter (@KobeissiLetter) May 15, 2024
WARNING: US bankruptcy filings are on the rise again
If this continues, it’s not long before something breaks pic.twitter.com/hG6iayEeJY
— Game of Trades (@GameofTrades_) May 15, 2024
The US stock market cap is near the record of $53 trillion.
As a % of GDP (Buffet Indicator) it has increased to 187%, below the ~199% all-time high recorded in 2021.
By comparison, the World market cap to GDP is just 61%. pic.twitter.com/wsavycErQ9
— Global Markets Investor (@GlobalMktObserv) May 15, 2024
California leads the nation in number of jobs lost
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