As of the time of writing this, the Nikkei is down 6.5% early on Monday. Bitcoin is down about the same. Buffet went into heavy cash holdings last week, selling over 50% of his holdings in AAPL. Insider sales have been at record levels of many stocks for the past few months.
While it was clear to see happening, it now appears this could be the end of this bull market mostly driven by a belief the Mag 7 could never stop going up. The Nasdaq 100 was already down 11% over the last month and NVIDIA has lost a quarter trillion or so of value.
Either way, get ready for an interesting Monday on Wall St. I’ll be watching closely.