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On today’s show we discuss:
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UPDATE:
Nasdaq: +144.55% in 875 trading days since Netscape’s launch on 12/19/94.
Nasdaq: +144.77% in 875 trading days following ChatGPT’s release on 11/30/22.
Past performance is no guarantee of future results! pic.twitter.com/QOMeyyZeHQ
— Bespoke (@bespokeinvest) May 28, 2026
S&P 500 SENSITIVITY
Although many are expecting a seasonal high, retail traders are still nervous.
The 2% pullback in mid-May forced large inflows into cash/money market ETFs.
Positive price momentum + defensive flows are not something you usually see at tops. pic.twitter.com/UgJEGNkQWU
— Warren Pies (@WarrenPies) May 31, 2026
The 2x SK Hynix ETF (7709) in Hong Kong has grown 10x this year and now accounts for 8.5% of all assets, making it the 3rd largest ETF in this market. This is crazy. This is like a $1.3 trillion ETF that doesn’t exist in the US. It also trades over $1 billion a day (which is… pic.twitter.com/uo6xenH1lm
— Eric Balchunas (@EricBalchunas) May 27, 2026
There is quite a difference… The S&P 500 continues to look stretched relative to its 200d moving average (white), but the percentage of members trading above the 200d moving average (blue) continues to struggle to move higher pic.twitter.com/3qzyccOG0N
— Kevin Gordon (@KevRGordon) June 2, 2026
This is very impressive.
Personal savings rate April 2025: 5.5%
Personal savings rate April 2026: 2.6%This is a sharp decline.
This underscores how strapped Americans are right now, with prices high and incomes failing to keep up.
Maybe you can explain some of this with Baby Boomers… pic.twitter.com/mUaBISDxJm— Heather Long (@byHeatherLong) May 28, 2026
The decline in the savings rate is not just about inflation. This is also because wealth growth allows for lower monthly savings.
Boomers’ trillions won’t be spent on themselves! pic.twitter.com/ZC5V45dBbD
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) May 29, 2026
I increasingly think the only options for AI labs are going to jail or becoming a government employee
The rhetoric and conclusions they deal with are completely incompatible with current society
They are either 1) wrong 2) enemies 3) extinct https://t.co/VHzdlGEAJn
— BuccoCapital Bloke (@buccocapital) May 30, 2026
$AMC – AMC ENTERTAINMENT – RECORDS HIGHEST MAY ATTENDANCE SINCE 2019
— *Walter Bloomberg (@DeItaone) June 1, 2026
“Star Wars: The Mandalorian and Grogu” grossed just $6.5 million in its second Friday in North American theaters, a 70% decline since its opening day.
While initial estimates predicted the Lucasfilm western would gross $40 million by Sunday, that figure now looks closer to $25 million. pic.twitter.com/eWG7Rgb5gc
— Variety (@Variety) May 30, 2026
A24’s best opening weekends:
1. Backrooms…………….81 million dollars
2. Civil War………………..25.5 million dollars
3. Marty Supreme…….$17.5 million
4. Drama……………$14.4 million
5. Hereditary…………….$13.6 million(Variety, Deadline)
— Morning Brew ☕️ (@MorningBrew) May 31, 2026
Sean Fennessey Apex Mountain pic.twitter.com/I3aYBL6LMA
— Gracie (@graciem120001) June 1, 2026
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