Mario

Midterms are tomorrow, and the calendar favors stocks. The S&P 500 has been higher from November to April in all 19 midterm years since 1950. Average gain: 14.8%, vs 6.9% for that window in all years. History isn't a guarantee, but it's a strong base rate.

Strategy now holds 849,327 Bitcoin. It added 811 more last week for $65.5M, at about $80,846 each. That's more than 4% of Bitcoin's 21M supply cap, bought at an average cost of $75,451.

Oil is back under $100. WTI is down about 3% to $99.50 after Rubio said Trump would rather end the Iran war diplomatically. Brent is off more than 4%, near $108.50.

The Nasdaq just had its worst month since March 2025 📉🩸 Down 5.3% in October as AI and chip stocks sold off. The Dow gained 1.7% over the same month.

Gary Vee Was Right About Attention, AI Just Made It Worse If You Wait #AI #Innovation

Binance says it has now covered 90% of the $6.3B stolen in Thursday's hack. BTC, ETH, XRP, USDT and six other tokens are fully backed again. Withdrawals are set to reopen Sunday, Nov 1.

Apple is the world's most valuable company again. It passed Nvidia today, about $5.0 trillion to $4.9 trillion. Nvidia is down more than 14% from its October 6 record as the AI trade cools. The last time Apple took the top spot, in July, it held it for less than a week.

I Built One App So I’d Stop Losing Money at Home #SoftwareDevelopment #AI

The S&P 500 is down 1.4% and chips are doing the damage. Megacaps in the red:
AVGO -4.8%
NVDA -3.1%
AMZN -2.8%
MSFT -1.6%
TSLA -1.6%
GOOGL -1.4% Hit hardest:
INTC -28.7%
RDDT -25.1%
TWLO -17.9%
COIN -13.2%
QCOM -9.5% Biggest gainers:
FDXF +14.2%
REGN +11.8%
VLTO +8.7%
TMUS +5.8%
LLY +4.1% 257 of 503 stocks are red, and the top 150 alone have shed $976B in market cap.

Bitcoin is down 3.5% in 24 hours and the board is almost all red. Majors:
BTC -3.5%
ETH -4.2%
XRP -3.8%
SOL -4.2%
BNB -5.6%
DOGE -4.4% Hit hardest:
BTW -28.7%
PUMP -8.9%
ENA -8.5%
M -8.4%
TAO -8.0% Still green:
PEPE +5.5%
BCH +1.8%
TRX +0.8%
HYPE +0.3% 35 of the top 40 coins are red, and $86B of market cap is gone in a day.