Might be a nice risk / reward setup with United Health. Perhaps WSJ could do a follow-up story about the large suspicious option trades perfectly timed right before they are about to publish a story. $unh
@kylewhitegoat Why are so many in denial, and not calling dilution? Sofi has a massive float already, so I dont get why so many are trying to spin this as a positive.
@GrindeOptions They do not even support outgoing wire transfers unless for real estate, and zelle just got added recently. Not sure I see much innovation on the core platform.
@mukund add also the suspicious timing.. why not release the downgrade earlier after ER, and instead releasing it on a fed meeting day. Reminds me of when competitors used to downgrade Nu Holdings.
Log-scale Bear Market Trendline Intact: (1) for daily chart or longer time frame chart, I used log-scale to ward off the price discrepancies. (2) on SPY/SPX logscale chart, today's rally was rejected EXACTLY at the trendline. (3) tmrw is do-or-die moment for both bulls and bears.
@RyanRozbiani Perceived much better than Bullard’s remarks earlier this month which dropped the market. Market seemed comfortable with the idea of getting to 5% rate, then reassessing from there.
$spy My Powell interpretation:
1. Stop asking about pausing until 5%.
2. I already told you inflation is too high, so stop asking for pivots.
3. My mixed signals were clear from the beginning. Stop hiring & paying well.
4. Soft landing. maybe. might harden w time, like glue.