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Wednesday, May 7, 2025

Stocks Hit New All Time Highs, Netflix $NFLX, Berkshire, Bitcoin, Gold, FOMC, and more


Stocks hit all time highs: 

We're seeing ROW (rest of world) ex-US hitting all time highs. You'd think Bloomberg would be bragging about that historic comeback, but maybe they're too busy reporting 9 day winning steaks...? 

$VEU Vanguard FTSE All-World ex-US ETF  - hitting all time highs 

 

EURO STOXX 50 ETF - hitting all time new highs

 

Japan

 $EWJ (MSCI Japan ETF) - testing the top of a range.


You know who is heavily invested in Japan, right? Buffett 


$BRK/A - Berkshire Hathaway - New all time highs followed by a nearly -5% decline on Monday's (sell the news) event, and I think nobody has more to lose in the next stock market crash than Warren Buffet. 

 



You know what else sold off on Monday? 

Netflix $NFLX 

 Gold & Gold miners

Gold miners finally make their run as predicted weeks ago, but what took so long...?  

The chance of nuclear war between India and Pakistan was clearly the catalyst that Gold needed, for a powerful snap-back rally 

Then came the reversal: 

 

Gold prices fall in India amid global trends and geopolitical tensions

Bitcoin 

No sooner than Gold reversed, we saw a sector rotation back into Bitcoin. I believe that in part, this was due to the fact that Bitcoin priced in Euro's had decoupled from the Bitcoin priced in $USD trade, as speculators continues to rotate from one sector into another, and I think this will continue until we see a deflationary spiral take every market lower.

 What Next? 

What next is the FOMC statement, and Chairman Powell's speech 

 Regardless of what the Fed statement says, there is a 90% certainty that markets will rally on the news. 

 

From Saturday's update: 

I suspect the next Fed meeting could provide a near term capitulation point for global markets.   


GL, AA


 



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