Beete Piece

[Beete Piece @BeetePiece]

@traderwl @ThHappyHawaiian 🤣🤣🤣🤣 it'd be funnier if my longs weren't getting treated like playthings.

[Beete Piece @BeetePiece]

@traderwl @ThHappyHawaiian Cose, but you missed a bit about them understanding that they agree they don't understand what they will agree to understand. Then it's clear.

[Beete Piece @BeetePiece]

@thsottiaux Thanks for resets fam!

[Beete Piece @BeetePiece]

@jun_song @karpathy They've got way more powerful models they use internally. Nothing is disrupted internally. It's a shit show commercially though!

[The Kobeissi Letter @KobeissiLetter]

BREAKING: According to our analysis, ~$920 million worth of crude oil shorts were taken 70 minutes before an Axios report claimed the US and Iran were near a "14-point" deal to end the war.

At 3:40 AM ET today, nearly 10,000 contracts worth of crude oil shorts were taken without any major news.

This is equivalent to ~$920 million in notional value, an unusually large trade for 3:40 AM ET.

At 4:50 AM ET, just 70 minutes later, Axios reported that the US is "close" to a "memorandum of understanding" to end the Iran War.

By 7:00 AM ET, oil prices had fallen over -12% with these crude oil shorts gaining approximately +$125 million.

Minutes later, Iran launched the "Persian Gulf Strait Authority" and oil prices surged +8%.

What just happened?

[Beete Piece @BeetePiece]

@zerohedge No idea, but the last 4 of these breaking Axios reports have been denied within hours by Iranian officials! Market moves every time.

[Beete Piece @BeetePiece]

@zerohedge Axios is full of shit!

[Beete Piece @BeetePiece]

@antibearthesis 50% drawdowns are blips long-term. Short term they are tradeable. COVID, GFC, Dot n Com. Warnings flashed and were ignored. Similar setup building now. You don't need to time, but you do need to manage risk, protect capital and rotate. Holding cash right now is no mistake

[Beete Piece @BeetePiece]

@DiveBomb321 Facts! It's exhausting 😩

[Beete Piece @BeetePiece]

@damanegijun Hormuz risk keeps WTI ~$94–$100/bbl (above Permian breakevens), fueling oil drilling & gas byproduct (80-90% of Permian output). Pipelines trap locally: Waha (–$5.66/MMBtu). HH only (~$2.6–$3.0).Producers disciplined—Permian rig down YoY (~241). New takeaway relief H2 2026.

[Beete Piece @BeetePiece]

@damanegijun Tell me you don't understand the relationship between oil and gas production without telling me you don't understand the relationship between oil and gas production.

[Beete Piece @BeetePiece]

@ZmansEnrgyBrain Gotcha

[Beete Piece @BeetePiece]

@snakeoilpussy Well that didn't age well did it 😀

[Beete Piece @BeetePiece]

@rblwhite It was mispriced because no one believed the GFS and thought the storm would go out to sea. The Euro is caving and adding HDDs. COT is showing very crowded short. You know how this ends 😉

[Beete Piece @BeetePiece]

Squeeze Inbound #natgas

[NWS New York NY @NWSNewYorkNY]

⚠️ A strong nor'easter will bring heavy snowfall to our area Sunday into Monday. We have upgraded our Winter Storm Watches to Blizzard Warnings along the coast and Winter Storm Warnings elsewhere.

[Beete Piece @BeetePiece]

@rblwhite Mega gap up

[Beete Piece @BeetePiece]

@rblwhite There's an almighty storm brewing in the midst dense NG consuming areas with the highest power burn. How are you not seeing this?