SingularII

Uncertainty is certain. 无为. ReTardEd

[SingularII @compoundin17]

I think fintwit probably has gotten a little too confident in their "max pain is up" trade, to the point where they ignore obvious risks, even brazenly so. When the AI slowdown news came out fintwit all ridiculed the idea that it could take equties lower.

[Evanss6 @Evan_ss6]

The feed is perfectly 50/50

people calling for Black Monday

and

people making fun of people calling for Black Monday

[SingularII @compoundin17]

Lot of put buyers today

[SingularII @compoundin17]

So has everyone just decided to take an early weekend or wtf?

[SingularII @compoundin17]

Impressive how they can just make the index do absolutely nothing

[tradfi news @tradfi]

*ANTHROPIC INVESTORS WEIGH LOWER IPO VALUATION OF ~$1.5T VS EARLIER $2T: SOURCES

*SOME ANTHROPIC INVESTORS DISAPPOINTED BY SEQUENTIAL GROWTH DECELERATION: SOURCES

[SingularII @compoundin17]

Think we had a lot of dip buyers here, that's not really great is it

[SingularII @compoundin17]

That smells

[LiveSquawk @LiveSquawk]

“Nasdaq is currently experiencing a network disruption affecting multiple multicast groups originating from Carteret. As a result, customers may intermittent experience data gaps on the following feeds:”

https://t.co/2gtBsI3lAV

[zerohedge @zerohedge]

Nasdaq breaks:

*NASDAQ CURRENTLY EXPERIENCING A NETWORK DISRUPTION

*NASDAQ: DISRUPTION AFFECTING MULTIPLE MULTICAST GROUPS

*NASDAQ: DISRUPTION ORIGINATING FROM CARTERET

[SingularII @compoundin17]

Charts don't matter in markets, what you need to understand is as soon as you enter, the hunt for your money is on, your only hope is that another poor sucker is more interesting to hunt

[SingularII @compoundin17]

I bought doomer puts so prob bottom today, you're welcome

[SingularII @compoundin17]

Every single fundamental news item is bearish, higher than expected inflation, rate hikes, AI slowdown, war... You name it. But shorting the hole feels stupid, however have we really seen capitulation here?

[SingularII @compoundin17]

Super confused here tbh, my favorite fade hasn't done his magic phrase of repeating "I don't like it X3" so maybe not a bottom, but he's not exactly bullish either

[The Kobeissi Letter @KobeissiLetter]

Inflation is RED hot in the US.

For anyone not keeping track, US CPI inflation is now nearly double the Fed's 2% target and US PPI Inflation is more than triple that target.

PPI inflation was expected to fall in August, but instead it surged to 6.3%, its second highest level in 4 years.

And, month-over-month Headline PPI inflation surged +1.3%, more than doubling the +0.6% expected and the second largest jump since March 2021.

Meanwhile, month-over-month Core PPI inflation came in +133% above expectations.

The prices Americans are seeing now will look cheap in 12 to 24 months.

All you can do is own assets.

[zerohedge @zerohedge]

PPI Red Hot:

PPI 1.3% MoM, Exp. 0.6%
PPI 6.3% YoY, Exp. 5.4%

PPI Core 0.7% MoM, Exp. 0.3%
PPI Core 5.0% YoY, Exp. 4.4%

[The Kobeissi Letter @KobeissiLetter]

BREAKING: South Korea's stock market extends losses to over -8% on the day, triggering a level 1 circuit breaker.

Trading has been halted for 20 minutes amid the intense selling pressure.

A level 2 circuit breaker would occur next at a -15% drop.

[SingularII @compoundin17]

wauw look at ZB and TLT

[*Walter Bloomberg @DeItaone]

ANTHROPIC REVENUE JUMPS TO $16.8BN IN Q3 - FT

[*Walter Bloomberg @DeItaone]

ZELENSKIY: IT IS A PITY THAT WE HAVE SOME DIFFICULTIES WITH STARLINK

[SingularII @compoundin17]

QQQ -1.34%, my oh my, what gives? Is the world ending

[The Kobeissi Letter @KobeissiLetter]

BREAKING: September CPI inflation rises to 3.7%, above expectations of 3.6%

Core CPI inflation rises to 2.6%, also above expectations of 2.5%.

This officially marks the third highest US inflation reading since September 2023.

Rate hike expectations are rising on the news.