BREAKING: Global technology funds posted +$12.3 billion in inflows in the week ending June 10th, the largest weekly inflow since at least 2017. This includes +$3.0 billion into the 3x leveraged long S&P 500 ETF, SPXL, and +$2.9 billion into the Semiconductor ETF, SOXX. This also follows +$9.0 billion in the prior week, the 4th-biggest on record. As a result, the 4-week average of inflows rose to +$5.8 billion, the 2nd-highest reading on record. Furthermore, US equities have seen 11 consecutive weekly inflows, the longest streak since December 2025. Meanwhile, Korean stocks attracted +$5.9 billion in the week ending June 10th, the biggest weekly intake since March 2026. Investors are buying tech stocks at a record pace.(The Kobeissi Letter)