musashi

retail cloth

[musashi @musashi1007]

@JoshYoung Why do you care? Oil trade just got fucking destroyed if you were long.

[musashi @musashi1007]

@rubicon59 Yeah but market will need to wake up to it

[musashi @musashi1007]

@Merridew__ Yeah, just need to downgrade your IQ a bit and forget about it.

[musashi @musashi1007]

@Merridew__ Not if you are making money, right?

[musashi @musashi1007]

If you are paying to guy who loses you money, what does that make you?

[Paulo Macro @PauloMacro]

For those of you curious, these threads don't exist for the purposes of dunking later.

One of the biggest utilities I have found with X that has stood the test of time (and a top reason I even keep this active anymore) is there are rare moments where we get what I call "The Pile On."
1/7

[FinancialJuice @financialjuice]

US Official: Details of the MOU to be released in 24-48 hours.

[musashi @musashi1007]

What are we going to come up with today, Andy?
1000 pts higher on NQ.

[vivek @itsreallyvivek]

https://t.co/ZhOgyq7Vgn

[Steven Balik @laurenbalik]

There are pagans on Etsy who do more annual revenue than Y Combinator founders.

[Steven Balik @laurenbalik]

I am in good health and of sound mind and I am not suicidal in any way and I avoid tall buildings

[Z @ZeeContrarian1]

Macro for Dummies, by Dummies

Just six trading days ago, after the Nasdaq had already fallen roughly 8%, quite a few investment banks and well-known investors started raising caution flags on the market.

For instance, firms such as Bank of America and Citigroup, along with investors such as Steve Eisman of “The Big Short” fame, were warning about the risks ahead.

The concerns sounded convincing: no rate cuts, the $SPCX IPO valuation, capital raising concerns around $GOOGL, $META, and $ORCL, and a long list of other “red flags.”

Looking back, that turned out to be the bottom.

Including today’s pre-market action following the signing of a peace deal, the Nasdaq has rallied roughly 6% since then.

Now the response will be: “Well, nobody expected a peace deal.”

Exactly.

If the entire forecasting exercise is just extrapolating today’s conditions into the future, and the future almost never unfolds the way the present looks, what’s the point of doing it in the first place?

The only forecast with a perfect long-term track record is that markets tend to go up over time.

If someone asks what the market will do next week, next month, or after the next macro event, the honest answer is:

“I don’t know.”

The future is always shaped by variables nobody is talking about yet.

Ironically, the people on X who obsess over macro are usually the most clueless participants in the market.

They spend their days repeating assumptions, quoting each other, and recycling whatever happens to be popular on the timeline that week.

Very few have actually outperformed the market. Yet somehow they’re always the most certain about what happens next.

[Marko Papic @Geo_papic]

All the information you need about the US midterm election (as they pertain to the markets) is now in one place on the @bcaresearch midterm election dashboard:

https://t.co/7akoE2LrMY

[Carolina Hurricanes @Canes]

FOR THE FIRST TIME IN 20 YEARS, THE CAROLINA HURRICANES ARE STANLEY CUP CHAMPIONS

[musashi @musashi1007]

🇯🇵🇯🇵🇯🇵🇯🇵🇯🇵🇯🇵🇯🇵🇯🇵🇯🇵🇯🇵🇯🇵🇯🇵

[musashi @musashi1007]

RIP to the legend

[Steven Balik @laurenbalik]

Steven Charles Balik
Born October 13, 1990
Reston, Virginia

[musashi @musashi1007]

What a boring World Cup, my god.

[Hunter 🌆 @rhunterh]

The minting of a Country's first trillionaire usually says more about the condition of its currency than the genius of its commerce.

[QuantPM @PmQuant]

1/ Rant:

If a private company becomes large enough to move public markets, it should face public-company-style disclosure requirements.

At some point, “private” stops being just a capital-structure choice and becomes a market transparency problem.

[musashi @musashi1007]

@JavierBlas Why?

[musashi @musashi1007]

@Merridew__