Topley's Top 10

U.S. Dollar Chart Back to Trendline

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1. Projected GDP Q1 2025

Bespoke

2. S&P Pulled Right Back to Trendline Going Back to Start of Bull Market in 2022

StockCharts

3. S&P One Day Trading Volume Spike History

Eric Balchunas

4. QQQ 50-Day has not Crossed Below 200-Day Yet

StockCharts

5. U.S. Dollar Chart Back to Trendline

StockCharts

6. Trump Media Close to Pre-Election Levels

StockCharts

7. Reciprocal Tariffs Major Nations

Visual Capitalist

8. Uranium Supply

Semafor

9.  North Korea Hits $6B in Crypto Theft

North Korea is now the world’s most dangerous crypto thief.  It has swiped more than $6 billion in cryptocurrency over the past decade—a sum so large that no one else compares.

The country’s hackers are both patient and brazen, according to investigators. To get into companies’ computers, they comb through employees’ Facebook and Instagram pages and invent tailor-made stories to trick them into clicking on links with viruses. Some North Korean hackers have even become employees themselves, fooling U.S. companies into hiring them as remote IT workers and gaining access to their networks.

WSJ

10. An Investors Best Friend

Buffett on bear markets: ‘An investor’s best friend’

Via CNBC: The S&P 500 has suffered losses in the wake of Trump’s recent tariff announcement, but it has yet to officially close in bear territory — defined as a 20% fall from recent highs. If a bear does emerge, market analysts say it will likely be because investors are bracing for a trade war that could cause a global economic slowdown.

It wouldn’t be the first time Buffett’s navigated a worldwide recession. In 2008, in the midst of the global financial crisis and its associated bear market, Buffett penned an op-ed for the New York Times.

“The financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher,” he wrote. “In the near term, unemployment will rise, business activity will falter and headlines will continue to be scary.”

“So ... I’ve been buying American stocks,” he continued.

Buffett acknowledged that he had no idea what the stock market would do next. And indeed, after he published the piece in October 2008, the S&P 500 wouldn’t find its bottom for another five months.

But as Buffett has pointed out over and over, businesses, en masse, have always found ways to innovate and increase their profitability over long periods, contributing to the historical upward trend in the stock market.

Many investors were hesitant to put their money at risk amid a financial crisis, Buffett said in 2008.

“But fears regarding the long-term prosperity of the nation’s many sound companies make no sense,” he wrote. “These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.”

Buffett favors buying stocks when they’re relatively cheap, as doing so boosts your returns over time. If you have money to invest and decades to realize compounding growth in your portfolio, it makes sense to continue investing in a diversified stock portfolio through downturns.

“In short, bad news is an investor’s best friend,” Buffett wrote in 2008. “It lets you buy a slice of America’s future at a marked-down price.”

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