$SQ shit the bed Thurs💩
making PUTs very spendy!
So I sold some believing in
@jack but it kept falling📉
Here's how I used the🎡
"Wheel Strategy" to make
a tidy profit in 4-days
🧵👇Let's go! 👇🧵
@YodaResearch True that. Vietnam is killing the game currently and moving in leaps and bounds.
8.2% GDP growth yoy in 2022. Samsung be in Vietnam like you be in your stein MY..
..all up in that! 🇻🇳 🍻
Jobs data today (NF payrolls) better won’t surprise to the upside for bulls today… a reading > 225k could trigger more losses and make 50bps more likely but banks spell trouble
If it comes in lower, shorting bear frens could get nuked
=> Volatile action today is the way
Education is the acquisition of knowledge, while intelligence is the ability to use that knowledge to think and reason. One can be highly educated but not necessarily intelligent, and vice versa.
We see the first cracks in credit markets and it mighty get ugly for stocks and crypto 😬
FDIC Chair Gruenberg:
Unrealized losses on available for sale and held to maturity securities = $690 billion, +47% from Q2 2022
Combination of high level longer-term asset maturities + a moderate decline in deposits => Unrealized losses could become actual losses if banks need to sell invests to meet liquidity
May the force be with you padawans
There are 5 major crypto headwinds alarming the market right now. 🚨
• Mt. Gox 142,000 $BTC unlock
• Shanghai upgrade $ETH withdrawals
• Silvergate collapse
• Macroeconomic shift
• Regulatory crypto clampdown
🧵: Here's how each headwind will affect the market.👇
1/3
Two banks made new all-time lows today. Both are significant and mean very different things.
Silvergate, is a significant crypto on-ramp.
Y'day's 10K questioned if it can continue. The stock was down 58%, and it has wider implications for the broader crypto industry.
Looking at data from @USDA, everyday grocery items are about 30% more expensive than they were a few years ago (eggs distorting scale quite a bit given triple-digit percentage gain)
@DataArbor