The Kobeissi Letter
The Kobeissi Letter|Apr 05, 2025 13:41
Market activity it at record highs: Trading volume on all US exchanges hit a record 26.4 BILLION shares on Friday, per ZeroHedge. This officially surpasses the January 27th, 2021 high of 23.7 billion shares, at the height of the meme stock mania. This is also more than DOUBLE the average volume of 2024. The S&P 500 and the Nasdaq 100 dropped -9.1% and -9.8% this week, posting their worst performance since March 2020. We are witnessing history.
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