Saturday, June 14, 2025

Today's Headlines

Around X:

  • @Business
  • @Zerohedge 
  • @LauraLoomer
  • BarronsOnline
  • Had bullish commentary on (SHW) and (SCHW).
  • @IGSquawk 
  • @WSJ
  • @CNBC
  • @Osint613
  • @FoxNews 
  • @GatewayPundit 
  • @WallStreetApes
  • @BGatesIsaPsycho
  • @VigilantFox
  • @KobeissiLetter
  • It's Wall Street vs Main Street: Professional investors sold $4.2 billion in US equities last week, according to Bank of America. Over the last 4 weeks, institutional selling reached $2.0 billion per week on average. On the other hand, retail investors bought $700 million last week, bringing the 4-week average of purchases to $400 billion. Over the last 12 weeks, individual investors have purchased $1.6 billion in US stocks on average each week. As the market rebounded, professional investors dumped stocks while retail bought. The sentiment gap between institutional and retail investors is historic. (graph)
  • The labor market is softening: Initial jobless claims came at 248,000 for the week ending June 7th, the highest reading since October 2024. The highest number of claims were reported in California, Minnesota, and Pennsylvania. As a result, the 4-week moving average rose to 240,250, the highest since August 2023. Meanwhile, the number of people receiving jobless benefits soared to 1.96 million, the highest since November 2021. Excluding 2020 and the 2021 recovery, this was the highest reading since February 2018. The labor market is clearly weakening. (graph)
  • BREAKING: Oil prices are now expected to rise to a high of $94.10 this year as Israel strikes Iranian energy facilities, per @Kalshi. Inflation is likely to rebound sharply as a result. (graph)
  • @Wideawake_media

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