Hank

很黄，很暴力.
chartist. meditator. stardust.
stacking since 08 🪙

[David Stockman @DA_Stockman]

Let's see. Iran was earning $50 billion per year before the war from oil exports, and under a blanket of sanctions. Now its $100 billion per year sanctions free. Also, the $2 million per ship through Hormuz will generate up to a $90 billion per year of fee income under normal traffic. So what was $50 billion per year of dark money is potentially $150 billion of greenbacks and yuan. Looks like the mullahs have been reading "The Art of the Deal", too.

[Keith McCullough @KeithMcCullough]

Especially in bag-held #MOAB Tech Software = $MSFT $ORCL $CRM $ADBE etc, this is the most underwhelming rally we've seen

[Milenka~ @MilenaAmit]

@HormuzLetter All this exercise did was give Iran access to profits. I see no regime change. Same radical mullahs, same IRGC.

[zerohedge @zerohedge]

KUWAIT: 3 POWER, WATER DESALINATION FACILITIES HIT BY IRAN

[Keith McCullough @KeithMcCullough]

Insider trading on these bloody headlines is running rampant

[Chris Martenson @chrismartenson]

There's a lot of confusion out there, including with Trump, that the US has lots of oil to sell to the world.

We do not. We're a net importer of crude (~+3 Mb/d). The EIA reports that fact in great detail every week.

The confusion stems from using the term "petroleum exports" which includes the bodacious amounts of natural gas liquids (NGL) that come from our wet gas plays. That stuff isn't "oil" and it is exported because it's wildly overproduced compared to our needs.

Yes, the US is a net exporter of "petroleum," but it's also a net IMPORTER of crude oil. In other words, the US has none to sell.

There's more complexity to why we export 3M b/d of crude (it's the wrong kind for our refineries) and also import 6.4 M b/d of crude (which is the right kind).

[Barchart @Barchart]

Ground Beef hits new all-time high 🚨🚨

[Bespoke @bespokeinvest]

Best day to end a quarter since...gulp...September 2008.

[Ben Kizemchuk @BenKizemchuk]

TSMC, SK Hynix and Samsung: AI capex meme unwind.
Rising LNG costs to affect East Asian manufacturing and fabs.
Meanwhile look for feedback effects on Asian investor sentiment, which is likely to weigh on structured product issuance and hence dealer flows in developed markets.
Structural vol up a likely result.

[Killa @KillaXBT]

The greatest post of all time... $BTC

300 days of price action, mirrored perfectly.

[The Factor Report @PeterLBrandt]

George, in my formative years (1975 - 1979) I had near 100% DD that wiped out accounts. From 1979 through 2008 I had multiple 30%-plus DDs with an occasional 50% DD (daily MTM). I got really tough on losses starting in 2014 and have routine 5-10% DDs (MTM weekly) but nothing more.

[Nic @puckrin]

This is Wild.

Deutsche Bank has developed an index that helps to predict the next TACO by Trump.

It has proven effective in previous big Trump pivots.

The "Pressure index" combines one-month change in approval ratings, one-year inflation expectations and performance of the S&P 500 & t-bill yields.

The higher it goes, the greater the chances of 🌮

[zerohedge @zerohedge]

Oracle CDS is about to take out its record global financial crisis print

[Cave Man @CaveManDrawing]

The market seems to be at the, "Lehman Brothers increases holding of Alt-A mortgages" stage.

$HYG $TLT $QQQ $SPY $GS

[Hank @Huangbaoli]

$HYG following the script. Weekly is oversold on RSI but MACD looks like more downside first. 77 handle loading

[Hank @Huangbaoli]

Added around the highs on today’s ugly candle. Still will be out if there is weekly close >80 $HYG

[Ben Kizemchuk @BenKizemchuk]

Its not so much about the level as the movement around the level. The jpm quarterly collar works like kryptonite in both directions. Repels from above and repels from below, if market is to fall below it.
@VolSignals described it like inverse polarity on magnets which is right on.
I highly encourage you to watch this video
https://t.co/KYkFtVn7WW

[Spencer Hakimian @SpencerHakimian]

“You declared war on the country with control over the world’s most sensitive chokepoint?”

“That’s right, Dave”

“And you didn’t have a plan for when they closed that chokepoint?”

“That’s correct, Dave”

[Adam Cochran (adamscochran.eth) @adamscochran]

5 minutes before Trump’s announcement:

* $1.5B notional worth of S&P500 (ES) futures are bought in a single clip.

* $192M notional of oil futures (CL) sold.

More than 4x-6x any other trade size during the market close.

Insiders profited from his lies in broad daylight!

[QE Infinity @StealthQE4]

10 year yield breaks 4.40% tonight.

Here’s a 1 month chart. This is almost as catastrophic as higher oil prices.

Consumers borrowing money is going to crater. Lending/mortgage rates will soar. Goodnight housing market, autos, and commercial real estate.

Disaster.

[Ricardo Sarraf @nullcharts]

The most compelling bear case I've seen in years.

And the S&P500 is 7% from all-time highs.

Signs of a Top:
https://t.co/TMoGAftvxo