There is still some liquidity around 74, so it is very likely that we will head toward that level first, which also corresponds to the weekend's bounce zone
@unusual_whales $39 trillion in debt, +$5B per day.
At some point we should probably stop calling this a "deficit problem" and start calling it "the business model."
Translation of "Nvidia priced for perfection":
You can be right about the demand, right about the moat, right about the timing — and still lose money waiting for the market to agree with you.
That's the part the consensus is not pricing in
@unusual_whales The president is making 9 trades an hour from the Oval Office.
This is the part of the movie where you'd tell the screenwriter to be more realistic.
Semis are now 18% of the S&P 500. That's literally more than 2x the peak concentration at the dotcom top.
Doesn't mean it ends the same way. Does mean the system has way less margin for error than people admit.
@unusual_whales Translation: Citadel and Virtu just had a great Monday.
The "decades-old rule" up for review is literally the one that makes brokers give retail the best price.