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@davidhogg111
Central Park Central Park Central Park :)
Then just walk downtown via Broadway until you reach Soho and stop on the way to eat, shop and gawk at whatever strikes your fancy.
It's amazing to me how much easier it is to day trade the market when you understand
@jam_croissant
model of derivative MM flows and how many people on FinTwit are just clueless about it
The equity market rally is amazing but if you don't know when to leave the party you wind up roofied, naked and wondering where one of your testicles went...
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Ever wonder why the most important monetary meeting of the year takes place in Jackson Hole WY?
The very prosaic reason is the Volcker liked to fish.
So now everyone from Bernanke to Yellen to Powell has to trudge there and pretend like they like nature :)
Legendary Russian Rock Band DDT concert took place in
#Perm
, Russia on May 18th. Yuri Shevchuk was immediately detained by security services in the dressing room after the concert. Video of what he said at the end of the performance, with English subtitles.
Every fuckwad that utters the phrase "illegal immigrants" should read up about Nuremberg laws as we watch people who have lived here for 30 years be pulled away from their families.
We
Are
All
Illegal
In North America
except for Native Americans.
Why I have 80% of my liquidity in QQQ and why it beats the world’s best managers.
1. Warren Buffett (Berkshire Hathaway) vs. QQQ
$1 million invested in Berkshire Hathaway in 2014 might have grown to around $2.5 million by 2024, based on the company's historical performance. In
The economy is in such dire shape we are all suffering so badly from paying an extra buck fifty for gas that my local Lowes is LITERALLY mobbed on an f-ing Monday morning
If you listened to
@kevinmuir
and
@PatrickCeresna
this week on the "Summer of George" thesis from
@jam_croissant
the today's go nowhere price action in indices is perfectly understandable
On latest Odd Lots from
@tracyalloway
and
@TheStalwart
guest quotes a builder as saying,
"You can do the deal now and get fired 2 years from now or you can pass and get fired now"
This is a perfect encapsulation of how markets turn parabolic and irrational whatever the asset.
Kuwait market suspended after -10% Tel Aviv down -5,5%. This all after Saudi have decided to flood the market even as demand for energy plummets. For US that could mean bankruptcies in energy sector. Thoughts
@chigrl
?
Five months ago I went on Market Huddle podcast and told
@kevinmuir
and
@PatrickCeresna
that I saw one of the strongest demand trends ever.
All of you called me moron.
Thank you for hate. Don't clench too hard on that short squeeze
#timestamp
TOP :)
1/ The other day I stumbled across Horselover Fat’s (
@Michigandolf
) website where the very first thing that he says is that trading is gambling. Right away I knew this guy traded for real.
Two key takeaway from
@Crowded_Mkt_Rpt
intreview with
@kevinmuir
1️⃣ The discounting mechanism in the market
is NOT price but positionning
2️⃣ Really good investors BUY drawdowns rather than run away from them
@jam_croissant
just listening to your amazing interview on TT and realizing that your whole model is basically Hyman Minsky applied to the option market :)
Also last night's ripper in
#NQ_F
post AMZN were classic examples illiquidity prem. and non-linearity of time. 👊
Your Wuhan Virus Market Open Preview
Here is what we know;
✅ More than 2000 cases
✅ 56 Official deaths
✅ 💥Incubation is asymptomatic and can be as long as 14 days 💥
✅ 5M may have left Wuhan for CNY New Year
✅ 1st case was Dec 1 NOT Dec 31 so infect pop may be much bigger
My Weekly Trading Thread
Coffee and Algos
Machines Still Can’t Beat Us
In some ways, 21st century New York resembles a 19th century metropolis more than it does the 20th.
Let’s recap - all commodities well off their highs. Housing starts are crashing further wage gains look minimal and Fed is about to crash the market because of a “survey” number in CPI that is wildly off base.
“Our guess is that firms flooded hiring platforms w/ multiple postings .. even though [they’re] no longer actively seeking to hire so many .. If we’re right, the wage explosion the Fed fears is unlikely .. with some evidence perhaps .. before the end of the year.”
@PantheonMacro
Of course I don't condone the hooliganism but it truly amazes me to see the histrionic rage at a few stolen Nikes from the very same people who just shrug their shoulders when little children are slaughtered in cold blood as "just the price of freedom."
Check your outrage
🚨You can’t make this up
Rep. Michael McCaul bought $700K worth of $META two weeks before voting YES on the bill to ban TikTok
4/1: Buys $350K
4/5: Buys $350K
4/13: Votes yes to ban TikTok
Literally insider trading
⚠️
@GMA
TOMORROW: Collapse of a crypto empire --
@GStephanopoulos
sits down with former FTX CEO Sam Bankman-Fried to talk about what went wrong at the company in a one-on-one interview.
@dampedspring
Andy - this is what I found. You post a thesis someone challenges you - you respond and they come back with facts - that person is a keeper. They come back with insults or some halliucination no factual piont- instant block. Unfortunately 90% of challngers fall in in the later
Interesting info
✅ no herd immunity
✅ R0 > 1.5 possible 2.0
✅14 day incubation period
✅ 3% ? mortality rate
Bad enough for Asia but
if it spreads to Europe and North America - you can throw all your GDP models out the door
Piper Sandler: Gen Z survey says 87% of US teenagers own an iPhone and 88% of teenagers say their next phone will be an iPhone; both near record highs. $AAPL
If the Fed cuts rates now (inter meeting or at next meeting) the rally will last exactly one hour and then we will make fresh lows. Cause that game is OVER.
If Trump does ram through a nominee there would really be a very good argument that the country should break up.
There will be no one in blue states who will think the Republic is legitimate
The FTX hacker can't withdraw $270M in ETH without being tracked so what does he do?
Dumps it on an illiquid day (Sunday) into a pool with low liquidity (renBTC) while max shorting ETH with private accounts.
Next he'll probably dump the renBTC while max shorting BTC.
Woa - at this rate we are headed to 100K/day by end of month easy.
Even if you use a very conservative 2% rate (so far its been 4-5%) that is 2,000 dead per day or 60K/month trajectory. Basically killing more Americans per month than the entire Vietnam war.
Even if Trump can force PA and MI overturn by legislature. BOTH states have DEM Governors who will veto and legislature do not have super majority to override it.