BC_Nomad

[BC_Nomad @BC_Nomad]

@JamesWynnReal #whitebullsmatter

CUTjyebPHVLoM35yZyuMZ23JKYqDmpmtysvGvKAP2ztA

[BC_Nomad @BC_Nomad]

@INArteCarloDoss Susan Sarandon spoke up and has been blacklisted from Hollywood for years. She has since only done indie films, mostly in Europe. At least there are a few good ones out there.

[BC_Nomad @BC_Nomad]

@justinsuntron Congrats. I will contemplate the benefits of pay to play while I skip yet another meal in order to have enough food for my kids to eat.

[BC_Nomad @BC_Nomad]

@Reformed_Trader @UHC Glad to hear it. We almost lost our young son a few years ago. Almost immediately the carrier was fighting w/ us while Drs were still trying to save his life. Took a year of battling to get the non-covered portion lowered but the balance still almost bankrupted us.

[BC_Nomad @BC_Nomad]

Innovative ideas like this remind me I need to continue to evolve the brain trust I currently surround myself with. 🚀

[Meltem Demirors @Melt_Dem]

random idea for a market: rocket payload futures, priced $/kg, constructed as an index first and then traded as a perpetual swap

🚀💸

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

Trump's "drill baby drill" rhetoric collides directly with economic reality at $60 oil. The shale industry needs minimum $55 oil to maintain the free cash flow that investors now demand, and current prices barely clear that threshold.

But here's the policy contradiction: celebrating low prices today actively destroys the drilling capacity the administration claims to want.

The M&A wave is finished. Small independents drilling their way to acquisition targets are gone. What remains are large public companies that answer to shareholders demanding returns, not growth. They will not drill unprofitably to please political messaging.

So while the administration celebrates cheap gasoline as political victory, they are guaranteeing the opposite outcome 18 to 24 months forward. Every month of sub $60 oil accelerates the drilling cuts we know are coming in 2026.

The supply deficit will build silently while everyone focuses on today's pump prices.

You cannot simultaneously demand low prices and high production when the economics require $60 oil to incentivize the growth they keep promising. The policy is eating its own tail.

[Meltem Demirors @Melt_Dem]

one of the most important questions in GPU financing is the rate of depreciation

every investor and firm has been modeling different useful lifespan for GPUs - as low as 3 years and as high as 7 years

but what is the actual number?

@Aravolta_X25 has the data 👇

[BC_Nomad @BC_Nomad]

@rossiadam Refused to use the plastic. Just refilled an old tin over and over.

[BC_Nomad @BC_Nomad]

@wizardofsoho Rh8

[BC_Nomad @BC_Nomad]

@blondesnmoney Sitting at XC practice for our little guy, already got a few here. Right on queue.

[Markets & Mayhem @Mayhem4Markets]

Kindness costs nothing, but can mean everything.

Spread it around.

[BC_Nomad @BC_Nomad]

@nope_its_lily Congrats!

[BC_Nomad @BC_Nomad]

Forever a legend.

[Captains For Clean Water @Capt4CleanWater]

Flip Pallot: Casting Off. There was always a distant horizon for him. Always a next adventure. It was ever this way, and so it remains. Now the task will be to hold the lessons close to heart, and stay the course he set, and navigate the way without our North Star.

The family and friends of Philip “Flip” Pallot are terribly saddened to share the news that Flip passed away on August 26, 2025, in Thomasville, Georgia, due to complications from surgery. This was unexpected and unmooring for us all.

Flip was a searing light that streaked across the sporting world for more than half a century, illuminating the possibilities of wild places and the pursuit of adventure, and leaving a comet’s tail of stories and insights and life lessons that will never dim. He was an inspiration to 18-year-olds and 80-year-olds. His passing leaves a gaping hole in our hearts, but one we will fill by living forward in the many ways we have been changed through his presence.

For now—“Heads up,” Flip would say, “and shoulders back, and don’t start your backcast until the line is straight and the fly is moving.” We are not there yet, and so Flip’s family—wife, Diane, daughter, Brooke; brother Scott; and granddaughter Sora—ask for privacy, and his friends ask that all who knew the man and love what he stands for take a quiet interlude and turn your eyes towards his beloved Florida. It is, at this moment, 7:50 p.m. EST. It is sunset in Mims, north of the Everglades, near the banks of the St. Johns River, where Flip and his wife, Diane, have lived for 23 years.

As for Flip, he asked for nothing other than a life lived fiercely true. To all those who share in our grief, in his own sweet words: “More to come. Bye for now.”

Photo: @williamhereford

[Sofia Horta e Costa @SofiaHCBBG]

Margin debt in US stocks just exceeded $1 trillion for the first time in history.

Brokerages extended 9.4% more credit to clients in June, the biggest m/m jump since November 2020. It’s now at the highest since FINRA’s dataset began in 1959.

Credit to EPFR

[Meltem Demirors @Melt_Dem]

it’s not the top until chamath does a crypto treasury company

[BC_Nomad @BC_Nomad]

@LewPayne Your insight on why holes are starting to appear would be appreciated.

[BC_Nomad @BC_Nomad]

@nope_its_lily A fact that hasn’t gone unnoticed from my perspective.

[Jim Bianco @biancoresearch]

This is right on the money!
—-

Everyone is calling Treasury buybacks “stealth QE.”

They misunderstand.

This is the Treasury, not the Fed.

This is not “printed money.” The Treasury cannot “print”

Treasury borrows new more liquid “on-the-run” bonds and uses the proceeds to buyback old illiquid “off-the-run”bonds.

Buybacks do not “create money,” rather they improve the overall quality of the bond market.

Buybacks support the bond market in that they make it more liquid so it reduces the (lack of) liquidity premium. But that’s only a few basis points.

So it’s not stealth QE, it’s not creating new money out of thin air like the Fed does

[BC_Nomad @BC_Nomad]

@Mayhem4Markets A 10 minute meditation once I am at the office before turning my computer on. Quiets and clears my mind so I am singularly focused on setups and execution.

[SplendidVision @SpIendidVision]

5.15.2025 #ES_F Economic news provided some mixed results today. Mostly favorable to a declining inflation scenario. Charts are still in contraction. Greater room exists down than up currently. 2 Hour chart though leans bullish. 4 hour chart offers on 100 points of room at open. We likely retest 5900 in the early going, this will be a strong pivot in the market today. Still the longer charts will do better with a return to 5800. Max market upside today is 6000.