"The Fed is probably taking a look at all of this data, taking it in its totality, and saying this is a reason to remain weary but not a reason to panic yet," says @jeannasmialek to @FrankCNBC
The 2y10y Treasury yield curve spread moved from 50bps inverted on Jun 25 to 38bps inverted today. It happened by 10y yields moving up 10bps, and 2y yields moving down 5bps. Twist steepening.
🚨WORLD'S FIRST 'LIVING COMPUTER' RUNS ON 16 LAB-GROWN BRAINS
Swiss firm Final Spark launched Neuroplatform, using 16 lab-grown brain organoids for computational tasks, consuming a million times less power than silicon chips.
This system integrates hardware, software, and biology, using Multi-Electrode Arrays (MEAs) to process data.
The organoids now last 100 days, a significant improvement.
Neuroplatform is available for research at $500 per user per month, moving towards creating the world's first living processor.
Sources: Tom’s Hardware, NowThis on IG
Chart Master @CarterBWorth breaks down the key levels for the momentum trade and where some of the stock market's biggest names could be heading next
$META $MTUM
Sharing $NVDA support levels after today's humbling and disconcerting 10.0% decline...the 50-day MA was penetrated, putting next support at February’s gap and a Fibonacci retracement level in the $742-$752 area...if this support zone is taken out, a secondary Fibonacci level near $615 would frame intermediate-term risk
#fairleadstrategies
Aggregated bottom-up analyst price targets point to an S&P 500 at 5625 in 12 months time. That implies upside of 6.5%, which doesn't sound so bad but would put it only in the 5th percentile of implied upside since 2005.
#BTC
In 3 days, Bitcoin will officially enter the "Danger Zone" (orange) where historical Pre-Halving Retraces have begun
Historically, Bitcoin has performed Pre-Halving Retraces 14-28 days before the Halving
In 2020, this retrace was -20% deep
In 2016, this retrace was -40% deep
Currently, $BTC is 31 days away from the Halving and has pulled back -11% this week
#Crypto #Bitcoin
If you know our story, we taught financial literacy in classrooms before we had a company called Earn Your Leisure. The first step is The Bronx, Then The Entire New York City, Then America, & Then The World.
This is a passion project for us. The only goal is to change the world
being broke as a man is very degrading and frustrating, to every man who's putting in the work to change his financial status for the better, i hope you win soon bro, i hope things get better for you real soon
Troy will be teaching an option master class this Wednesday at 8 pm est on EYL University. Enrollment will be for the next 48 hours on EYL University website. Link below. #options#eyluniversity
https://t.co/79FDpW2Sus
In early 2007 I pitched a prime time special at my former network about the coming subprime collapse. Not much interest.
I kept pushing and got the special “Subprime Shockwaves” on air a few months later in July. I was called a fear monger (or worse) by many. I knew cash was king.
We know what happened next.
Shortly after the crash I met with some DC peeps of both teams. Some of whom asked me what a credit default swap was, what’s a “tranche” and what was really going on. Eye opening. Totally oblivious.
It’s why, especially as we cover energy so deeply, I definitely keep a skeptical eye to what DC and the “experts” say about how things play out.
Not saying I’m right like subprime - which was definitely more binary - but just remain vigilant as our power needs soar, but supply stays constrained. Solar, wind, gas & nukes .. we will need it all. It’s not one or the other.
NYC’s $53 million initiative gives pre-paid cards to migrants for essentials, starting with 500 families. Cards, with amounts based on family size (e.g., $1,000 for four), are restricted to food and baby supplies at designated stores.
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