Hedge funds / large speculators continue to increase net short positions in S&P 500 futures ... back to levels not seen since first half of 2024

The median monthly rent for a two-bedroom apartment in NYC has increased 17.5% over the past year to a record $5,560.

Declines in home prices are broadening out again. Approximately 35% of cities are experiencing negative home price growth.

$SPY Millions worth of further-dated puts hitting the tape now This is the first we've seen recently. Let's check back later and see if they keep adding

Nearly 6% of U.S. home sellers are at risk of selling at a loss, up from 4.4% a year ago, but still well below pre-pandemic levels. The risk of selling at a loss ranges widely—from nearly 20% in San Francisco to almost 0% in Providence, RI. #realestate redfin.com/news/selling-a…

The US has spent months imposing sanctions on Chinese refineries for buying Iranian crude as part of a 'maximum pressure' campaign on Tehran on.ft.com/3ZNKiNg

*ANDURAND HEDGE FUND’S YTD LOSSES WORSEN TO 60% wow

The UK said it would buy at least 12 new US-made F-35A fighter jets capable of carrying nuclear weapons, the latest attempt by Starmer to curry favor with Trump bloomberg.com/news/articles/…

The Nasdaq 100 just closed at a fresh ATH —its first since Feb. The index has jumped 30% since hitting a low on April 8. But not all tech giants are joining the rally: Apple is still down 20% for the year, and Tesla is off by 16%. (via BBG)

Once a month, JPMorgan traders send out a list of dozens loans they’re looking to buy and then fail to get their hands on a single one. It’s not about the price. They’re willing to pay up. The problem is no one in private credit is willing to sell.

Chinese companies are ramping up shipments to Britain to levels not seen in years bloomberg.com/news/articles/…

$SPX call option volume has surged to completely unprecedented heights over the last four years. We see over $1.2 trillion in notional trading daily, with over 50% of that expiring the same day, and 75-80% within a week. Short-dated flows have a BIG influence on the market.

Meek Mill Feat. Rick Ross - Ima Boss (Official Video) youtu.be/V1cxP2nCBdU?si… via YouTube