DiamondAlpha1016

Yankees, Jets, Nets, Rangers - Finance

[DiamondAlpha1016 @DAlpha1016]

@RoswellGrey13 @IllyChakrabarty @JasonJournoDC Ah yes they can’t obtain them except there’s already been widespread reporting on this issue + numerous people have been killed getting into accidents with illegal aliens carrying CDLs. Reminds me of the time Democrats said it was “impossible” for illegals to receive Medicaid 😂

[Jack Prandelli @jackprandelli]

China's crude imports alre collapsing.

The world's largest oil buyer is being shut out by the same crisis closing Hormuz.

For a decade: 7-12 mb/d.
The anchor of global oil demand growth.

From this year a sharp decline in imports.

The reason is simple.
China sources most of its crude from Saudi Arabia, Iraq, UAE, Iran.

Every barrel transits Hormuz.

When Hormuz became a war zone, the supply chain didn't just get expensive it got physically disrupted.

Tankers rerouted.
Insurance exploded.
Cargoes cancelled.

Full analysis in my latest article.
Link in the comments 👇

[Javier Blas @JavierBlas]

UAE state owned oil company ADNOC has awarded a tender for ~14 million barrels of crude, and it’s planning a 2nd tender. The sales are a further indication that significant volumes of crude are exiting the Strait of Hormuz in small vessels going dark (AIS beacon off).

[Wise Michael Jordan @itsMichaelJ]

55 points at Madison Square Garden in just Jordan’s fifth game back from retirement👀

At the time, it was the most points ever scored by a visiting player at MSG.🐐

[Giovanni Staunovo🛢 @staunovo]

Oil on water in million barrels (Vortexa) #oott

[Podcast Alpha @PodcastAlphaX]

14 levered ETFs are queued to launch on SpaceX IPO day.

Brad Gerstner (@altcap) named that as his clearest froth indicator on @theallinpod. SpaceX at an implied $1.75 trillion valuation. Leveraged retail products launching the same day. That's not organic conviction - it's late-cycle product creation.

His response: if $100K of fresh capital appeared today, he would deploy 30%. Not all of it.

"We may not be at the top, but we ain't at the bottom."

Gavin Baker agreed it's 2021, not 1999. But a 10-20% correction in public semis means 30-40% drawdowns in high-beta names. Investors in for three years would call it a blip. Retail investors who just got in would panic.

Entry timing is the entire variable right now.

Full breakdown on how to size into the SpaceX IPO window:
https://t.co/JixFmayoKP
Source: All-In Podcast - https://t.co/okThY983z8

[DiamondAlpha1016 @DAlpha1016]

@ThierryBorgeat So “crazy”

[DiamondAlpha1016 @DAlpha1016]

@ThierryBorgeat If only there was a metric that measured the profits on those sales

[DiamondAlpha1016 @DAlpha1016]

@NetsNationCP Ja Morant has negative value…. Why are we dropping 10 slots 😂 😂

[OLDSKOOLBBALL @oldskoolbballx]

What did Michael Jordan think about 3-point shooting?

“My 3-point shooting is something that I don’t want to excel at, because it takes away from all phases of my game. My game is a fake, drive to the hole, penetrate, dish off, dunk, whatever, and when you have that mentality, as I found out in the first game, of making threes, you don’t go to the hole as much. You go to the 3-point line and you start sitting there waiting for someone to find you. And that’s not my mentality, and I don’t want to create that because it takes away from my other parts of my game.”

[Podcast Alpha @PodcastAlphaX]

If you're long $NVDA, the bear case might be structural, not fundamental.

Dan Loeb on @theallinpod: pod shops are designed to carry short exposure. At $5 trillion, $NVDA is the default safe short - large enough, long enough run, easy to justify to LPs.

The bears aren't making a fundamental call. They're filling a structural requirement. That's why the discount persists. And when earnings force a re-rate, the unwind could be fast.

Loeb: undervalued on a 2-3 year basis. Same pattern preceded Amazon's and Google's breakouts.

Full pod mechanics breakdown:
https://t.co/PD4fBjBDUa
Source: All-In Podcast - https://t.co/7OPUSYNIvz

[Operation Logos @OperationLogos]

@enews It’s bad enough they murdered their baby, but then they went public and are playing victim for murdering their baby.
Wild times we live in.

[MD @mike_daddino]

Let’s talk about why Wemby is terrified of going into the paint

[DiamondAlpha1016 @DAlpha1016]

@awealthofcs This is true BUT I think the people attending games 3 and 4 have likely maxed already or don’t care 😂 😂

[James Altucher @jaltucher]

For people who are worried about the market today, I get it. This stuff is very stressful.

So I put together a chart of all of the times the VIX (the "fear index" of the market) was up over 30% in a day (like today) in the past ten years.

23 out of 25 instances the market was higher one month later. The only two times it wasn't was Feb 2020 when Covid hit the economy in March 2020.

What is the underlying message? When people are afraid, they make bad decisions. Do the opposite.

Attached is a chart summarizing my results.

[E.J. Antoni, Ph.D. @RealEJAntoni]

Number of federal bureaucrats declined again in May - 17th straight month of declines:

[zerohedge @zerohedge]

March jobs were revised up by 29,000, from +185,000 to +214,000, and April was revised up by 64,000, from +115,000 to +179,000. With these revisions, employment in March and April combined is 93,000 higher than previously reported.

[DiamondAlpha1016 @DAlpha1016]

@DeItaone This is why no one takes the French seriously

[ClutchPoints @ClutchPoints]

"Bryant, to Shaq!"

26 years ago today, Kobe connected with O'Neal to complete the Lakers' 15-point comeback against the Blazers in Game 7 of the WCF to punch their ticket to the NBA Finals 👊

(🎥: @NBAHistory)

[Jesse Morse, M.D. @DrJesseMorse]

Thoughts on Aaron Judge’s stress fracture in his right rib