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They should have been buying 30-90 day T-Bills not 3-10 Yr Notes, especially not after March 2022 when the Fed started to raise rates. Alternatively they could bought 3-10 Notes but hedged against principal decay (aka deep OTM put options). I think there is still a danger that Silicon Valley...

Is Bonneville Telecommunications the same as BMI? I used to use BMI with the standalone Tradestation software but in the mid-1990s all the futures brokers where still outcry so you had to call your futures broker to do any trading. For stocks back in the late 1990s Metastock was pretty good...

With the collapse of a prominent SF Bay Area bank (SIVB) & the Fed just ignoring it says to me they will plow ahead with their inflation fighting agenda. I agree that Powell seems like he doesn't know what he's doing. He should have started raising rates 6 months after the vaccines hit the...

Famous last words like ... when Bear Sterns collapsed. There is a contagion at other similar banks especially First Republic Bank of SF (FRC). I have a friend who is an MD at FRC and there are VC clients that are nervous and want to pull all their money and close their accounts. Western...

This is not a market for DCA, certainly not after a potential bank run in SIVB. The whole regional bank ETF got slaughtered as well. Another 500K+ print tomorrow morning will really blow a hole in Treasury investments like SIVB has.

The real question is when will the Blackface Ski Instructor-in-Chief get booted from Canadian leadership? Trudeau is a real disaster. Amazing that no one in Canada, Australia, NZ, UK and soon US can afford to buy a house but their leaders all want to sell the country out to the Chinese. Looks...

VR does have a bit of success in the Porn industry. I would say mainstream porn is still just 1080p or to a less degree 2160p, but some of the top studios have moved over to VR as an add on product. Really VR is just the natural progression of gonzo/POV Porn anyway. I don't know if non-Porn VR...

Sounds like the old load fee for Mutual Funds. It was often 5-10%. I remember in my old 401K which was run by State Street back in the 1990s, probably half the funds were load funds but if you bought their in-house funds they were no load and had minimal management fee.

0DTE has its uses. It is maximum leverage. I've made money on 0DTE, usually on SPY options counter directional to 1%+ gaps. I think it is less stressful to buy 1DTE options on the broad index ETFs. There is also a limit to how many 0DTE you can purchase especially at IB.

Almost every silly valley company here in CA is guilty of this nonsense. They use phrases like adjusted EBITDA to just mean profit made without accounting for equity compensation which is actually a write off. You have people making $500K+ in compensation and the company doesn't even account...

I'm still amazed this crazy lady is still working considering how much she screwed up on her "inflation is transitory" nonsense.

I'm still amazed that with the hundreds of billions that the west has been sending Ukraine all it can create is a stalemate. Imagine if the US gave no money to Ukraine the war would have been over in a week. This does remind me of Iraq invading Kuwait since Kuwait was just a creation of the...

How can there be a recession when 500K are being added? Only when it turns negative can there be a real recession. The travel companies are still booming and with China coming back online soon a recession seems unlikely. That probably explains the rise in stocks since October.

Dow is value, NASDAQ is growth & S&P 500 is a 1:1 mix. If you read about value vs. growth long term, value always wins hence DJIA outperforms in the long term. I remember reading What Works On Wall Street (James P. O'Shaughnessy) in 1999 and it covers every scenario possible and micro cap value...

Intel still makes the best chips for gaming machines. The i9-13900KS chip is a lot faster than the AM5 Ryzen 9 CPUs especially where it matters -- single CPU performance. In fact the 13900KS is even faster than the Apple Silicon chips. The only potential issue vis a vis AMD is that the latest...

I bought the March 15 puts on BITO -- its about a 10:1 leverage currently. Of course I also bought SARK & FNGD. I like to follow BTC since it seems to lead all speculative assets. I rarely see BTC & ARKK/FANG stocks diverge. It makes sense since BTC is like the negative infinty P/E stocks that...

Armstrong is just another silly valley scammer. It is shocking that all these exchanges are run by scammers even Binance is run by that charlatan CZ or whatever his name is. Is there anyone in the crypto industry that isn't a scammer?

He was great in SVU. He was real first amendment advocate in real life. That was a dialogue in SVU that he inserted. He actually played a stand up comedian in Scarface. It was the scene where the Tony Montana character is almost assassinated.

The real problem in Asia is that they are very insular. Their economies are essentially a type of nationalist capitalism. Taiwan, South Korea even Japan have very restrictive import rules & currency controls especially after the currency collapses during and after the GFC. As it currently stands...

Raiders are like the Cowboys. Neither will ever win anything with the current clueless ownership. Jerry Jones is the worst owner in the league -- he hasn't won anything since Feb 1996.