Stock Market Warning Signs

The stock market has seen some concerning signs over the past few weeks that are worth paying attention to.

So far, over the past two months:

Consumer Staples have outperformed the S&P 500 by 14%

Utilities have outperformed the S&P 500 by 11%

These two sectors are what is called “defensive”, meaning it is what the equity market rotates into ahead of recessions. Now, in the larger context, both of these are still in a larger downtrend against the broader market, but these recent signals in the equity market aren’t the only warning shot.

We’ve seen AI-driven fears permeate all varieties of US equities. Everything from cybersecurity stocks to wealth management, to…

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Tom Lee, head of research at Fundstrat Global Advisors, says February’s market action may have felt like a bear market, but the data tell a different story.

‘It Wasn’t Really A Bear Market‘

In a Friday appearance on CNBC Squawk Box, Lee pointed out that the S&P 500 was down only about 1% in February, hardly a true bear-market decline.

According to Lee, investor anxiety is being driven more by uncertainty around artificial intelligence than by weakening fundamentals.

He emphasized that AI development continues to accelerate, with the U.S., and possibly China, positioned as primary creators and beneficiaries.

Lee argued that much of the pessimism reflects speculative downside scenarios…

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Bitcoin (CRYPTO: BTC) is approaching the $70,000 mark, even as geopolitical tensions tied to U.S. airstrikes on Iran drive the price of oil higher.

Short-Term Holders Show Resilience

Despite a recent dip toward the $63,000–$64,000 range, Bitcoin’s short-term holders (STHs) are not displaying signs of panic selling, CryptoQuant data shows.

Following the Feb. 5–Feb.6 capitulation event, when large volumes of BTC purchased near $89,000 were sent to exchanges at a loss within 24 hours, loss-driven inflows have steadily declined.

Sell pressure from recent buyers appears to be fading, suggesting that initial panic has transitioned into patience or seller exhaustion.

Importantly, there has been…

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BitMine Immersion Technologies (NYSE:BMNR) surged 9% after acquiring 50,928 Ethereum (CRYPTO: ETH) lifting total holdings to 4.47 million ETH valued at $8.8 billion as Chairman Tom Lee called the pullback “attractive.”

The 50K ETH Purchase

BitMine’s acquisition means the company now owns 3.71% of the total ETH supply, over 74% of the way to its “Alchemy of 5%” target in just eight months.

Lee defended the aggressive accumulation as geopolitical uncertainty rose. “We continue to steadily acquire ETH and optimize the yield on our ETH holdings,” Lee said. “We view this pullback as attractive, given the strengthening fundamentals. 

The price of ETH is not reflective of the high…

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Bitmine Immersion Technologies Inc (NYSE:BMNR) shares are trading higher Monday morning as investors respond to Ethereum’s (CRYPTO: ETH) move higher and the company’s growing crypto treasury. Here’s what investors need to know.

Ethereum Rally Lifts Crypto Treasury Stocks

Ethereum jumped about 6% Monday morning, trading near $2,060. The token had been range-bound earlier before buyers pushed it back above $2,000, lifting sentiment across Ethereum-linked stocks.

Bitmine said on Monday that its combined crypto, cash and “moonshot” investments now total about $9.9 billion, including 4.474 million ETH tokens, 195 Bitcoin (CRYPTO: BTC) and $868 million in cash.

As of March 1, roughly 3.04…

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Strategy (NASDAQ:MSTR) announced it purchased 3,015 Bitcoin (CRYPTO: BTC) for $204 million at $67,700 per coin.

The 101st Bitcoin Purchase

Strategy funded the acquisition through $229.9 million in common stock sales and $7.1 million in STRC preferred stock proceeds.

The company now holds 720,737 BTC acquired for roughly $54.77 billion at an average price of $75,985 per coin.

With Bitcoin trading at $66,000, Strategy’s treasury carries roughly $7 billion in unrealized losses. 

The average cost basis sits $10,000 above current prices, a gap that has weighed on MSTR shares throughout the eight-month decline.

Meanwhile, Strategy raised the STRC dividend by 25 basis points to 11.50% on Saturday.

Benzinga