News

Welcome to our cryptocurrency news page! Here you will find the latest news, analytical articles, and updates from the world of cryptocurrencies. We strive to provide you with the most up-to-date and reliable information.

Volatility will continue to accelerate over the next few months. With the first rate cut since 2020 expected this month, we are trading the volatility. Subscribe to our premium analysis at the link below to access our trades
news Twitter - kobeissiletter
a year ago
BREAKING: Nvidia stock, $NVDA, is now down over 12% since reporting earnings on August 28th. The stock has erased $400 billion of market cap in just 3 trading days. Even with a large earning beats and a $50 billion stock buyback, Nvidia is struggling to hold recent gains. Is…
news Twitter - kobeissiletter
a year ago
Government hiring is inflating jobs numbers. Private sector jobs growth as % of total payroll growth fell to 38% in July, the lowest since the 2020 pandemic. Historically, every time the private payroll growth share fell below 40%, the US economy was in a recession. This also…
news Twitter - kobeissiletter
a year ago
Finally some good news on inflation: 1-year inflation expectations declined to 4.9% in August, the lowest since the pandemic in 2020, according to the Conference Board Consumer Confidence Survey. Over the last 2 years, inflation expectations have fallen from ~8.0% to 4.9%,…
news Twitter - kobeissiletter
a year ago
Is the American dream dead? Half of Americans believe that the American dream no longer exists, the highest share in at least 12 years. Only 34% of people said that the American Dream is still attainable, down from 52% in 2012. Owning a home, having a family, and reaching a…
news Twitter - kobeissiletter
a year ago
This is unsustainable: Interest Expense, Social Security, and Health are set to account for 87% of the US government spending growth over the next 10 years. Government spending is estimated to grow from $6.8 trillion in Fiscal Year 2024 to $10.3 trillion in 2034, according to…
news Twitter - kobeissiletter
a year ago
Further evidence higher unemployment is coming: US consumers' perceptions of the labor market have weakened to the worst level since 2021. The difference between the share of Americans saying that jobs are plentiful minus those saying they are hard to get declined is down to…
news Twitter - kobeissiletter
a year ago
The Kobeissi Letter for the week of September 2 has been published and may be viewed through the link below: The Chart of the Week for the week of September 2 has been published. View or sign up for FREE through the link below
news Twitter - kobeissiletter
a year ago
BREAKING: 90% of US cities saw a rise in year over year unemployment rates in July, according to the BLS. Jobless rates jumped in 350 of the 389 metropolitan areas last month. Additionally, in 8 large metro areas with a population of 1 million or more, FEWER people held a job…
news Twitter - kobeissiletter
a year ago
BREAKING: Global net gold purchases by central banks reached 483 tonnes in the first half of 2024, the most on record. This is 5% higher than the previous record of 460 tonnes set in the first half of 2023. In Q2 2024, central banks bought 183 tonnes of gold, marking a 6%…
news Twitter - kobeissiletter
a year ago
Every year, we publish an annual performance report with all of our setups for full transparency. From 2020 through 2023, our setups returned over +340%. View all of our performance reports at the link below: (8/9)
news Twitter - kobeissiletter
a year ago
Sometimes, an investment in resources and knowledge is your most profitable one. That's what we strive to provide for our premium clients. We utilize fundamentals as our long-term thesis driver, but technicals as our short term road map. Volatility is opportunity. (9/9)
news Twitter - kobeissiletter
a year ago
On August 14th, our 5450 target was met, but we raised our target AGAIN. As capital rotated back in from the sidelines, upside in the S&P 500 accelerated. We called for 5650, just 2 points above where the index closed on Friday. That was +470 points in 20 trading days. (6/9)
news Twitter - kobeissiletter
a year ago
Since our inception in 2015, our strategy of combining technicals and fundamentals has won. We just updated our analysis on where we believe markets are headed next. If you want to level up your trading game, access our work at the link below: (7/9)
news Twitter - kobeissiletter
a year ago
On August 9th, we published the below update for our clients. It was clear that the low was in, as written in line #1, and we raised our target to 5450. Often, capitulation comes when we see a 3-5% down day, but close ABOVE the lows. We were up +200 points in 4 days. (5/9)
news Twitter - kobeissiletter
a year ago
Even as the Yen strengthened and profitability of the carry trade decreased, it didn't end. In our analysis for clients, we said that the carry trade will continue. The differential between Japanese rates and US/EU rates will remain large. That was the key point. (4/9)
news Twitter - kobeissiletter
a year ago
Our trading strategy relies on capitalizing on polarized sentiment. In the long run, it never pays to follow the herd when trading. One sign of this was a drop in the daily RSI from 70+ to <30 in under 1 month. The last time this happened was at the April 2024 bottom. (2/9)
news Twitter - kobeissiletter
a year ago
This is when we issued the below note for The Kobeissi Letter's premium clients. As we noted, the selloff was material but also "FULL of panic." Main street thought the Yen carry trade was "dead" but Wall Street knew it wasn't. That's why we began buying the dip. (3/9)
news Twitter - kobeissiletter
a year ago
The S&P 500 has now added $5 TRILLION of market cap since its low on August 5th. That's +10.5% in just 20 trading days, or $250 billion PER TRADING DAY. The S&P 500 has added its average ANNUAL return in 20 trading days. Here's how we bought the bottom on August 5th: (1/9)
news Twitter - kobeissiletter
a year ago
We expect elevated volatility and great trading conditions with focus on August jobs data. We just published our trades for premium members. Since 2020, our calls are up over +340%. Subscribe below to access our analysis and see what we're trading
news Twitter - kobeissiletter
a year ago