π¨ Do you understand what Oracle just did..
they fired 30,000 people.. via 6 AM email.. while reporting a 95% increase in net income last quarter..
Oracle isn't a struggling company .. Oracle made MORE money than ever.. and still fired 30,000 people because they're spending $156 billion on AI data centres instead..
and Larry Ellison.. the guy who just fired 30,000 families.. is worth $200 billion.. the 3rd richest person on earth.. he owns an entire Hawaiian island.. Lanai.. 98% of it.. bought it for $300 million like it was a vacation home..
this is the same playbook every single time..
IBM fired 7,800 and replaced them with AI in 2023.. Amazon cut 27,000 the same year while reporting record revenue.. Atlassian cut thousands while profits climbed.. Google laid off 12,000 while sitting on $100 billion in cash..
they told you to learn to code.. you learned to code.. they told you to upskill.. you upskilled.. and then they replaced you with the thing you helped build and sent the termination letter before you woke up..
the company made record profits and decided the reward for that was firing the people who made it happen.
$NQ Eyeing lower until the dust around the war settles. Markets priced in an early end for the war - but it feels as if the consequences have not been pushed through yet.
Markets are on a stumble point - from here a rollover seems likely. $DXY, $CRUDE, $WTI & $XAU still soaring higher.
Some bonds are noticing demand as well - so for me it is totally risk off and shorts only until proven otherwise.
Start of the week rally with no volume to carry it further, markets pricing in optimistic headlines, OI dropping drastically... I wonder where this is heading!
There will be a time everybody realizes. You can't be a (big) profitable trader and full time content creator at the same time.
Sure some make decent $$ here and there. But content money is massive and consistent
$ETH #ETH I'm probably not even buying the april lows tbh... crypto still feels cooked. Continuing the lords work by shorting every shit & memecoin
Still favoring shorts overall in crypto. Would have to reverse the sell structure for me to consider longing (no more lower lows). I think we could see some severe downside the next days - markets don't seem exhausted. They seem to be preparing for some big catalyst...
Still favoring shorts overall in crypto. Would have to reverse the sell structure for me to consider longing (no more lower lows). I think we could see some severe downside the next days - markets don't seem exhausted. They seem to be preparing for some big catalyst...
First crypto cycle I degened all my money on futures trading
Second crypto cycle I degened all my money on one spot and got rugged
Third crypto cycle I perfected my system, routine and execution. Consistency has been achieved. Experience and studyβ¦
Still favoring shorts overall in crypto. Would have to reverse the sell structure for me to consider longing (no more lower lows). I think we could see some severe downside the next days - markets don't seem exhausted. They seem to be preparing for some big catalyst...