Really worth imprinting this on your mind. If you can't turn this into profits in the next 2 yrs stop trading. "Chip rush is bigger than any gold rush" "I think we really are on the edge of probably the biggest technology revolution that has ever existed"
@robbystarbuck
@harleydavidson
@HRC
Until the CEO leaves (and much of the board with him) it is all just words. His values and life mission are carved in stone. Don't get played.
@RealJamesWoods
I swear Kwajalein is haunted by the ghosts of those who died there. Once you see for yourself what a tiny sliver of land it is the death count is unimaginable. Working there on advance radar testing one night some weird presence swirled through my assigned quarters at midnight
@walterkirn
Extraordinary address. Beyond the best of JFK RFK Reagan or Churchill. Starts at ~41:00 An example of an adult making a very tough decision under the constraint of mortality. Such adult decision making is almost non existent today in a world of hateful squabbling children
Really hard to find. Really worth reading. The full Russia - China recent "Statement". 5300 words. (The US Constitution only has 4400 words) h/t
@jam_croissant
@walterkirn
Have you found any way to reach "liberal" friends who are completely unconcerned w/the world wide collapse of free speech & the Orwellian steps that have already been taken against DJT and RFKJ? I find it impossible to regard as friends those who are oblivious to tyranny now here
"Friends of the Croissant"
@jam_croissant
have an interview to listen to that could not be more timely. Shocking in its directness & use of concise clear English - Il ne parle pas Croissant, seulement l'Anglais
@Will_Tanner_1
No competent hazard analysis could possibly have been done. Denton County ranks
#11
for hail storm risk among all counties in the US. These are capital intense projects where due diligence is supposed to be performed for 100 yr events. Severe negligence
Always essential listening. Rarely completely explicit as to what is going to happen (but today
@jam_croissant
came close), 🥐 focuses instead with physicist-like clarity on the forces, processes and positioning at play.
@BigSteve207
Something is terribly wrong w/the US & Maine in particular that after disgracing himself by being a chief signatory of the infamous "51 Signers" from the Intel Community who said that the Hunter Biden laptop was Russian Disinformation John Brennan can ever show his face in public
@Canny4
Those who did not "participate" can not imagine the pain and paralysis of what that was like. There are many similarities to Formula 1 racing, motogp, and downhill racing in hard core trading. It's not all "2020"
Fans of
@jam_croissant
@SqueezeMetrics
@TradeVolatility
and
@spotgamma
here's a ToDo list: 1/ Read the doc linked below until its key Rosetta Stone is clear 2/ Then drop back to thinking about first order gamma effects if retail is very net long OTM calls
And this week should drive home what
@jam_croissant
was recently describing when he talked about sumo wrestlers and leptokurtic distributions. You have to up your game & learn some "Greek" if you are going to survive in this market when it loses its shock absorbers (negative GEX)
If in the future you can't remember what Negative GEX means, recall the chaos of today. The market atypically never recovered a strong positive GEX after November OpEx thanks to Powell and Omicron. Now we have full blown positive feedback volatility
@SqueezeMetrics
@jam_croissant
@johnrich
One could go on for 10,000 words & miss 2 short key options: 1/A warning shot intended to distract someone who never should have been on that roof to start with 2/ Since drones are now everywhere why wasn't there saturated drone coverage of all rooftops in small venue-Suspicious
@billmaher
@kaitlancollins
The extent to which journalists and reporters have been replaced by silly entertainers and zealots is excruciating to watch. A bipartisan plague.
@GaryWinslett
Convenient to forget about the war they did not want that killed 58,000+ of them and maimed countless others physically and mentally. Sure we "always got our way"
For those deep into the market this 45 minute "set" is as exciting as the best rock concert ever. Ranges from what is happening this odd OpEx week, to what is playing out this decade as the 40 year Fed expansion of the money supply favoring Planet Palo Alto comes to a conclusion
@gunsnrosesgirl3
Child trafficking as one of the largest businesses in the world, and one of the most influential in terms of the client list and its use by intelligence services to control decision makers
@ClassicLearner
@va_shiva
"Systems Thinking" = "Systems Analysis" as a method and as a term has been around for a long long time. Example Iron Triangle
@gran1te_mtn
By the late 1970s all the available original 70 mm prints of the film had undergone extreme color shifts, so much so that the whole thing looked like a psychedelic hallucination when projected. As a labor of love Steven Spielberg paid to have it restored.
@UberFacts
Reason why 60 is really pretty simple. Dividing things into equal portions is an important constantly used function. 12 is nice because 2,3 and 4 and 6 divide into into it. But with 60 you hit the jackpot where 2,3 4,5 and 6, 12, 15, 20 and 30 divide into it. That 5 is critical.
@jam_croissant
may find this a confirmation of the important Feb 4 22 Russia-China "Statement." The "Bifurcation" seems real & a serious strategic initiative. China is willing to forego the benefits of US trade & focus on internal "Common Prosperity" I checked the translation=>OK
The retired opinion leader
@HuXijin_GT
gave a candid explanation of why China should support Russia on WeiBo. Interestingly he meant it for domestic consumption and didn’t post it on Twitter. I am doing him a favor by translating the main points (thread)
"Taiwan is clearly one of their ambitions... It’s dangerous to say that 2027 or 2030 or 2035 is some heightened date, You are actually ignoring the risk that tomorrow something could happen.” Adm. Philip Davidson
@jam_croissant
The initial screen treatment for "Bifurcation" was created by
@jam_croissant
Now MI5 & FBI are busy writing the detailed script. For 🥐it's not a matter of prediction or forecasting. He simply describes the inevitable implications of existing structures.
This 40 min interview is incredible & essential. The issue many have w/
@jam_croissant
is that he can seem too obscure (almost occult), rushed or "hedging" too much. This is comprehensible & comprehensive. The dispersion trade is fully explained. Cem becomes his own Rosetta Stone
On this weeks Huddle +,
@kevinmuir
welcomes Cem Karsan
@jam_croissant
, founder and senior managing partner of Kai Volatility Advisors. Kev and Cem take a deep dive in to all things dispersion trading!
@BillAckman
@MIT
Thank you for doing this. As an MIT grad in the past few decades the self-satisfied sanctimonious stench coming out of MIT has becoming readily identifiable and sadly has rivaled Harvard. Unfortunately both of your exposes reveal what industrial-strength money motivates both orgs
@I_Am_JohnCullen
@dan_whiffen
From Saturday night the clearly visible defensive body movements of the counter snipers (especially the second one going prone and trying to scurry backwards) jumped out like a red flag. Made no sense. No one commented on it until now. And why no surveillance drones on site?
Likely you have seen this, but if not it is must viewing. Some complain that
@jam_croissant
is obscure. Well it doesn't get more clear & concise than this. Jem spells out a likely timeline for mkt movement thru 2Q23. He &
@OJRenick
are a magic duo of the Lennon& McCartney caliber
@realchrisrufo
Until the CEO leaves (and much of the board with him) it is all just words. His values and life mission are carved in stone. Don't get played. CEO means CEO
@NicoleShanahan
You would be great as Secretary of Agriculture. No one would be better positioned to Save The Soil and at the same time control climate change without endless dictatorial mandates. Regenerative Agriculture. You know how that connects with Everything.
@BillAckman
@Harvard
It's a truly minor nit given the importance of your message, but it's worth taking the time needed to proofread a dictated tweet to catch such clunkers as "digging a deeper whole" The issue you have taken the lead in addressing warrants such care. It's a literally historic effort
@DrEricDing
OK But more to the point why is it that 7 months after this COVID-19 crisis became evident are N95s not being mass produced in the US? This is ridiculous. Many construction & manufacturing professions need them as an essential safety item. None for sale. Complete System Failure
@TheMaineWire
Beyond snowflakes. This from a state that used to pride itself as the home of strong resilient men and women working the sea plus workers at Bath Iron Works including 2000 women during WW 2 and 3700 at a South Portland Naval Yard building Liberty Ships.
@MattWolking
Politicians. God-like. Never wrong. Never make a mistake. Omniscient. Never lie, for whatever they say is ipso facto true because they said it. We're so lucky to have our lives controlled by them.
Since Jan 2022 overnight action in $SPY contributed 50+% more to the downswing than market hours action and with a far less erratic course. The liquidity of market open hours is absolutely needed for Options Pickleball which has been tormenting traditional traders
@jam_croissant
Lazy Trader's Guide to Spotting Mkt Opportunities. There's a mindset that it takes endless screening & indicators. But just look at the 3 stocks moving the mkt sure to be here in 5 yrs. Then when skew hits an extreme (+ or -) be ready to act. If it's less than extreme = more risk
@LozzaFox
In another era, with a different costume, this would have been a Catholic Sunday school nun absolutely apoplectic about those having "impure thoughts." She threatened that God knew all these misdeeds which would be revealed- and she'd be there as His agent to hand out punishment.
@walterkirn
40 years ago the brilliant cultural historian William Irwin Thompson, extending Marshall McLuhan, foresaw that the most serious disorders of the 21st century would be Information Diseases. We are deep into that plague. At the time his forecast was hard to grasp. Now it's obvious.
@Rainmaker1973
1991- Iraqi Scud hit Dhahran barracks (28 dead, 98 wounded); not detected by Patriot defenses; clock drifted .36 sec. in 4-day continuous siege, due to SW flaw, preventing real-time tracking. Spec called for only 14-hour continuous performance, not 100.
@unquirer
Whether Left or Right a common phenomenon is pressure groups going "A Bridge Too Far" and suffering serious blowback. They can't help themselves, blinded by their own righteousness. From the outside you can feel the tide turn.
@0rf
Actually not "absurd" at all. Spit in the face of the traditional labor core of the Dem party repeatedly, laugh at their values & force an aberrant set down their throats, and insult them as "deplorables." The "Republicans" here are a straw man. Party is now is much more populist
@BillAckman
40 yrs ago in the Dem primaries the phrase "Where's the beef?" became famous. Now it should be "Where's the brass?" Homicide 101. First thing done at a murder scene is locating all casings. Here 11. This would dispel or confirm multiple shooter concern. Demand info on this point
@historyrock_
Was there: "In one famous concert, Led Zeppelin's final of four nights performed at the Boston Tea Party, the band played for more than four hours with only one album worth of material. "
"They played the same set twice, and then played an improvised set with covers from other
@walterkirn
William Irwin Thompson who was a brilliant cultural historian pegged the date of the onset of the New Dark Ages as 1973. What at the time was hard to discern & seemed hyperbolic was very prescient. He named his group Lindisfarne to echo monks keeping flame of civilization alive
Both $SPY & $QQQ are facing a volatility crushing multiple moving average pinch or squeeze. The 200 sma 50 sma 21 ema & 10 ema are all involved. This comes at a time when
@jam_croissant
indicated the period of non-strength may be ending as Mar OPEX 👸🦥effects kick in
@SenesLULZ
@3PeaksTrading
The Implicit Volatility is sky high. So is the Call Skew. Same is almost as true of $NVDA. Some think they are riding a True Market leader when they are in fact playing with AMC GME Meme stocks of 2024. This time $1+T stocks are involved. Helps to know what game you are playing
@BGatesIsaPyscho
In another era, with a different costume, this would have been a Catholic Sunday school nun absolutely apoplectic about those having "impure thoughts." She threatened that God knew all these misdeeds which would be revealed- and she'd be there as His agent to hand out punishment.
For those who benefited from
@jam_croissant
timely call on $OIH be careful not to overstay the party. Guests were streaming back out of the front door Thursday and Friday.
@chamath
Well, we have a President one of whose most notable fumbles on the way to the White House was having to withdraw in disgrace from the 1988 campaign due to blatant plagiarism on his part. We see now how well that sort of "integrity" has worked out in the end. (PS Not a Trump fan)
What could possibly go wrong in a $NVDA driven mkt as we approach a Presidential election year that some (🥐) have suggested our chief adversary(🇨🇳) might exploit with a crisis
@jam_croissant
@SamanthaLaDuc
@thedavidcrosby
Performers across the whole age spectrum from 20-80 need to follow your lead & take control back from fools thieves & pro politicians of both parties. The problems are beyond politics, immense & immediate. Forget the pandering snake oil salesmen. True solutions aren't polarizing
@CHPoakland
States should pass a law that anyone so seriously abusing driver-assist systems will have their car confiscated. Plus significant jail time. This is as criminal as driving DUI with a 2.0+ blood level.
@JoevialTexas
@RealJamesWoods
That's where I was working for MIT Lincoln Lab. While I was there a WWII Congressional Medal of Honor recipient visited. Memorable moment. Everyone came to attention.
“Your margin is my opportunity" superpowered Jeff Bezos. In going thru
#fintwit
keep in mind "Your stupidity is my opportunity" when you bump into it- not said in arrogance or contempt, but simply as an exploitable reality. Learn to profit from convexity, reflexivity & stupidity
@DrEricDing
That is the perfect meme for so many situations in life where we are under the direction of governments, authorities, managers etc ------------------- "They would not listen, they're not listening still
Perhaps they never will." "Vincent" Don McLean
@CollinRugg
In spite of all his drawbacks and all his courtroom challenges no one is more fully living Joseph Campbell's "Follow Your Bliss" than DJT. It's fascinating when charisma and destiny combine (Of course there have been some horrible examples of that in the past)
@BigSteve207
Keep hammering on the complete failure of the Maine State Police to get involved particularly when illegal shipments are crossing state lines. Maybe the US Attorney for Maine will finally live up to her oath of office & begin a RICO investigation. The state will not police itself
@walterkirn
This endemic dysfunction is getting far too little coverage. Now 3 years after the initial COVID outbreak it's clear that the system is not nearly fully recovered, and in fact seems to backsliding due to many types of exhaustion. The "Staffing Shortage" is a national crisis
@LMT978
Decades ago (in era of the Brown & Orange Daily Graphs books) & just as IBD was launching I got to spend "quality time" w/ Bill in a stuck elevator at the Hynes Center in Boston. He had a zen-like clarity in his thinking. And he always acknowledged "The Founder" Livermore
@van_vij
Here's a reference to that document- the consequences of which we'll likely be living with for the next few decades - what 🥐
@jam_croissant
calls "The Great Bifurcation"
With apologies to Robert Pirsig and his "Zen and the Art of Motorcycle Maintenance" [an obscure reference but an apt one to those who will understand it] this document would surely win the "2022 George Orwell Award for Excellence in Sophistry"
@Rainmaker1973
BTW - since many people found this of interest - the root of the problem lay in how many digits can be carried in single precision arithmetic. Had they gone to double precision there would have been no problem. Full details are in the book "Digital Woes"
@RobertKennedyJr
Great post, great book. Problem is "Amusing Ourselves to Death" is NOT a novel. Anything but. It's a brilliant piece of nonfiction. Makes it clear whoever wrote this post is completely unfamiliar with Neil Postman and the book. A cringeworthy blunder Robert.
@walterkirn
Secretary of Transportation during a multi-modal logistics calamity crippling the economy. Definitely Presidential material. When Plan B is drinking Drano you know you are in deep trouble.
@RJRCapital
Student Loan forgiveness to those who are already in many ways entitled will further radicalize many young people from 25-40 who chose not to or were not fortunate enough to attend college and will send them into the Trump Camp. Permanently.
@BillAckman
Not pushing
@RobertKennedyJr
candidacy, but just making sure you are aware that like few others he's been sounding the alarm about complete "Regulatory Capture" of FDA/NIH by Big Pharma & the payoff mechanisms involved. The financial, health, and Nat'l governance issues are huge
A very important companion piece to
@jam_croissant
thoughts on The Great Bifurcation and The Populist Revolt is the Aug 22 Credit Suisse piece from Zoltan Pozsar on what devastation an already underway Economic War has in store for the West.