If funds were in any of the derivative products or crypto and anything other than a USD money market FDIC fund I doubt they are covered.

That’s good direction Bob. Growth speculation will return at some point.

Probably shitty guided but the wide range of error makes it just as dumb and maniacal

Using a dumb missle to target a precise location in a heavily populated area is targeting civilians.

I’ve never read any of the client agreements but I’m also a bit put off that the FBI and other enforcement agencies are trying to clean it up. Isn’t decentralized autonomy a feature? Risks were...

Wheat is at the lowest price since 2/21 and near its January high. If Ukraine grain does hit the market grain prices could collapse.

Considering the news BTC is holding up pretty well. Maybe the liquidation sales have mostly been made.

I’m hearing more about unmet margin calls. I can’t see any path for these unregulated...

It’s not so simple to military escort grain ships. The ship still has to be insured.

The current 10y note yield rate hit 3.50% on 6/13 and got as low as 2.87% today.
350-287=63 so that’s .63% interest rate change lower from the peak to trough in two weeks. Same formula for the 2yr....

“Track your portfolio”.

10y is down 65bps from its high
2y is down 50bp from its high

Pretty good reversal of trend.

On a $5b (that’s billion) valuation from 3 months ago?

Foreclosing on the $250 million loan

Bankman-Fried is like the old Warren Buffett. He can buy these failing companies and squeeze enough cash flow out of them while strengthening his other businesses.

The blockfi acquisition looks like a foreclosure.

CEL token is still up 300% from 2019 so there’s hope I suppose. Still way outperformed stonks. Right?

I didn’t claim a right or wrong.

Dec delivery is down 9% today

Nat gas is almost back to Oct 21 levels.

Can make a case for a H&S top in gasoline chart but there’s decent support below the left shoulder. Down another .21c today

Why not punch a 9i? Shortening backswing should help control your irons

Volume is concentrated in 90 days of delivery so mostly used as a short term hedge. So, the volatility will occur in the front months and move more daily than the back months. Eventually they...

“Assets?” Like leveraged loans? It’s all one giant derivative contract. It’s completely opaque what they actually have in reserve.

Demand for options from largest hedgers is down therefore price of options is down which means lower price of volatility.

Options are complicated math but that’s the simple explanation. ...

They have to auction to highest bidder? GS could step in pre BK but don’t think they’d want any custodial liability

There could be a miracle 100% rally in assets to bail them out.

CNBC discussion about an hour ago. There is no path out. Their only solution is open up and no one sells. That’s not happening.

It’s what their lawyers want?

“Celsius, dogged by a...

Technically, when something bounces around the lows after a big decline it usually goes lower because a market doesn’t give you that much time to buy the low. Or, it moves sidewise and develops a...

Took the E500 to Americas Tire for rotate and balance. I was surprised when the kids gathered round for a look and thumbs up. V8 wagon still getting it done 420231

Bloomberg saying VIX is low because large hedgers are using futures for pure directional beta rather than options. Record short interest in stock futures.

Love a cat with a broken tooth. Life lived.

My V8 wagon with 187k miles has original plugs and coils and still gets it’s epa designated fuel economy. Rock solid idle.

Simple Monetary theory has been largely dismissed.

Crew are employees.

If PPP money obtained legally was used to buy “toys” that was the intention. Stimulus. A yacht needs a lot of downstream support.

Rated on the Ogden scale?

It’s not the BTC, it’s the irresponsibility with sovereign assets in speculative investments:

El Salvador bet its economic salvation on bitcoin, but so far the gamble isn’t paying off like...

Laser is most beneficial for ancillary distances: traps , front of green, layups, carry distance.

I don’t mind first to the tee calling out a flag yardage. It can help speed up play.

I think it’s reasonable to forego summer blend early this year.

Yeah, I played with some div1 college kids a few years ago. It’s a different game.

What’s the interest rate on your margin?

BTC has a long way to fall if that is prevailing thought because it shows complete lack of comprehension of what bonds are.

There’s your bitcoin buyer presenting the new world of finance

So, Bond rates went to negative yield because people were optimistic about the future?

Also, your chart is a constant maturity yield chart. Not really a bond chart.

Not true. BTC is accounted as a mark to market asset and loss. Bonds are not.

Bonds also have a maturity date which provide return of capital. It’s the definition of a paper loss.

Copper was 30% lower than it is now pre-pandemic and is working on 13 straight days of decline.

RIO dividend @13% is pretty attractive

Wheat and corn are down 20% from recent high. Corn is down 6% today. Nat Gas is down another 9%, 30% below it’s recent high

2y rate crashes back below 3%. Down 50bp from its recent high. 10y on the verge. 3% is support for the 10y so I’d like to see a close or three below. At this point an aggressive Fed move will...

Xpeng, $XPEV has an average analyst price of $280. Trading at $30. Watched a review on the p7 that sells for $35k. Impressive package.

Another interesting stock is JOBY trading at $5. It’s...

August WTI is the only month over $100 now

20 month low in copper.

Corn and Wheat at risk for much larger declines.