Defensives see first inflows in months. Japan faces $12B in outflows.
Meanwhile, Metaplanet reloads with $71M for more BTC buys—euphoria rising.
This week’s report: 10+ tickers across defensives, BTC equities and AI.
1. Market Overview:
A. Mag7 Tailwinds:
MAGS is trailing the SPX YTD—but Q1 earnings tell a different story:
EPS up 28% YoY (vs SPX’s 9%)
Beat estimates by 16%
Meanwhile, hedge funds are $25B short. If MAGS holds strong, forced buybacks could follow.
Source: Neil Sethi on X
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