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How can a stock go up 55X in 2 weeks? This thing doesn't make any sense. $205 Billion market cap? This thing makes Tesla look like IBM from 1975.

Looks like the sellers are on strike, for now. Even bad news from Europe & China doesn't deter this rally.

The Intel GPUs are going to compete with the low end nVidia & AMD but that is where the bulk of the buying is anyway. Most people,even gamers don't need an $1800 3090Ti card (or an AMD $1100 6950XT). It took AMD at least 3 or 4 generations to catch up with nVidia (even that's debatable). At the...

Intel had crappy products for a long time. For like 10 years they sold a retail CPU that had no increase in performance. That's how they got passed by Lisa Su and AMD so easily. Their recent CPUs both retail & data center are a lot better and more competitive with the Ryzen & EPYC CPUs. Now...

The Fed isn't serious in battling inflation. They still believe it is transitory in the sense that they believe as soon as the supply chain is fixed all will be well. Disinflation (or deflation) was a product of JIT (just in time) globalism which has been pretty much dying since the...

r/WSB overload. Very common phrase on r/WSB about their option gambling leading to great riches enough to buy a Lamborghini. Lottery == Poor Tax. So the winners usually piss away the money.

The last 2 weeks the Yen has gained 3.6% vs. the USD but the DXY is still largely controlled by the Euro which is doomed. No way ECB or BOJ can seriously raise their rates to combat the USD so long term the Yen is doomed. The USDJPY is right at the 50-day SMA so if goes to below 130 the dollar...

One of the most successful actors of the Indian cinema in the late 1970s and early 1980s (Vinod Khanna) decided to leave acting and became a disciple of the infamous Rajneesh Cult (Oregon USA in the 1980s). He never did recover from that time in his life.

Here in the SF Bay Area it was catalytic converters during the pandemic. There were like gangs that stole catalytic converters especially from the Toyota Prius. My friend's got stolen twice.

Unless Lagarde & her cronies at the ECB acknowledge that inflation exists the DXY will continue to rise. The same is true for the BOJ and their idiocy.

Looks like the bottom is in. from @Covertibility

The charts say the ARKK shorts aren't doing very well. Time to invest in TARK. XBI & ARKK have really skyrocketed in the last few months. I guess it is a reversion to the mean trade. They have been down the most so they don't go down anymore with the Nasdaq. It doesn't seem to make any sense...

The real problem is that the BOJ and ECB refuse to acknowledge there is inflation and so they pretend they don't have to raise interest rates. The Yen & Euro are doomed currencies because of this reason. The Aussies & Canadians have raised their rates and their currency is still falling against...

India is a very corrupt country especially its public servants. I should know since my uncle was one of these corrupt gov't officials who used to pocket millions (Rupees) in black money for his side business as a contractor in the one of the poorest & corrupt states -- Bihar. The guy literally...

Unlikely DXY has peaked. After every CPI report, the sell-side pumpers on bubblevision claim it is the top inflation only to have there forecasts blow up in their face. I have to believe a 20% move in ETH is just another bear market rally.

I love to listen to Celtic music in general. Very melancholic. Enya is pretty amazing along with her family of musicians that she came from -- Clannad. The Chieftains & Great Big Sea are also great Celtic artistes. One of my favorite songs is the Chicane collaboration with Máire Brennan (lead...

It reminds me of the pump and dump schemes used by traders in 1920s before the creation of the SEC. They would sell it back and forth to each other until a stock reached absurd levels and exit with huge profits leaving the public holding the bag.

Looks like there is finally an ETF for the Midnight Rally, at least for the IWM & SPY. The Nightshares NSPY & NIWM ETFs just started 2 weeks ago. The 55 bps seems high for just buying SPY at the close and selling at the open.

In terms of what the OP was looking for FEZ has more liquid options than the DAX equivalent of EWG. Of course if you want to go short DAX seems better since it has performed poorly vs. the Eurostoxx 50, assuming the Nat Gas situation gets worse for Germany.

Yeah there's no liquidity in OTM options on FEZ. I noticed most of the time FEZ = DIA + FXE (EURUSD). FEZ is heavily in old stodgy companies which is similar to the Dow 30. The exceptions being the Luxury brands like LVMH & L'Oreal. You could try EFA (non-US,CAD developed markets). Seems...