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  1. Statistical Trader

    UST Stablecoin Veers Wildly From Dollar Peg (

    Prolly nothing... ;) From CoinDesk: https://www.coindesk.com/tech/2022/05/10/ust-stablecoin-veers-wildly-from-dollar-peg-heres-the-latest/ UST Stablecoin Veers Wildly From Dollar Peg. Here's the Latest By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin...
  2. Statistical Trader

    Crypto Talent

    Thanks. "Rejected" is a broad term that can be used to mean all sorts of things. I'm familiar with trading and reading charts and have been trading since the mid-1990s. If you said, "hit resistance" I would have immediately known what you meant. If I knew you were using "rejected" as trading...
  3. Statistical Trader

    Crypto Talent

    Could you please clarify what you mean by "the dollar was rejected"? Rejected by whom?
  4. Statistical Trader

    Crypto Talent

    To each, their expertise. To be honest, I think I was one of the last humans on earth to learn what a "meme" was several years ago and I didn't know that what @johnarb said was a meme while reading this thread until @Sprout said it. I hadn't heard of Udi Wertheimer before either. En tout cas...
  5. Statistical Trader

    Database of Events

    Does anyone know of a searchable "database of events", either free or for purchase? I'm looking for something that enables me to quickly get a list of all dates on which a particular event occurred. For example, I would like a list of all dates and times when a member of the FOMC spoke to the...
  6. Statistical Trader

    TWITTER easy short and scalpers dream now?

    I was thinking about this a little more as I drove to go get my son from school... Assuming the acquisition goes through, then $54.20 is basically a "ceiling" AND a "magnet" price. Maybe that does make it a good candidate for range bound day trading - I don't know. If you can figure out where...
  7. Statistical Trader

    TWITTER easy short and scalpers dream now?

    Yes, perhaps. I get your logic. I almost never day trade so that's not my wheelhouse. You're basically saying that the probability of the deal collapsing is high enough that it shouldn't really be trading within 4.4% of Musk's offer price and anyone counting on buying now to take the $54.20...
  8. Statistical Trader

    TWITTER easy short and scalpers dream now?

    If the deal goes through as reported, there's 4.4% to be made ($51.90 after hours -> $54.20). There will be some buying pressure. Moreover, you will be paying interest on the short, as @Robert Morse points out. If it does not go through for some reason then all bets are off. A long trade is...
  9. Statistical Trader

    Twitter says it's being acquired by Elon Musk

    Twitter says it's being acquired by Elon Musk for $44 billion Daniel Howley ·Technology Editor Mon, April 25, 2022, 11:53 AM Twitter (TWTR) announced on Monday that it has entered into a deal to be acquired by Tesla CEO Elon Musk for $44 billion. Twitter shareholders will receive $54.20 per...
  10. Statistical Trader

    Crypto Talent

    @angrytrader Just wondering, do you know of any large, traditional finance markets that settle in <10 minutes? (@GlobalMacro90 wasn't directly talking about 'efficiency' in that post, which is a vague, wide concept until more carefully defined, but rather he was talking about settlement time...
  11. Statistical Trader

    Former BitMEX CEO Arthur Hayes predicts 'coming crypto carnage'

    1. Bitcoin dropping to $30K as suggested in the article is not a "crash" considering the enormous volatility of this asset. It's simply a drop within its current range. 2. Over short to medium terms, BTC's price does seem to correlate with other risk assets; over the longer term it's price...
  12. Statistical Trader

    Ray Dalio on the Changing World Order [From LinkedIn]

    How Can We Tell How the First Battle in the Long War for Control of the World Order Is Going? Published on April 11, 2022 Ray Dalio Co-Chief Investment Officer & Chairman of Bridgewater Associates, L.P. 170 articles As you know from my book and my YouTube video, both titled...
  13. Statistical Trader

    Trading as an individual vs. as a limited company

    Europe is a big place... it depends on the country. This is an important point, although details can vary considerably from jurisdiction to jurisdiction. Best to discuss it with a tax lawyer and/or accountant, although in fairness to @movingslow, he/she was only asking about the client-broker...
  14. Statistical Trader

    Bitcoin is now predicted to go to 10M within 10 years...

    From May, 2020: https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/
  15. Statistical Trader

    What is the minimum DSL speed you need to trade options??

    It depends on the latency and volume of data you need. If you're just watching a few charts and manually day-trading, you don't need much. I could trade using dial-up or a satellite phone if I had to. I have traded on satellite internet before, as mentioned in another thread. I don't trade...
  16. Statistical Trader

    Fed raises interest rates modestly, plans seven rate hikes in total this year

    https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/treasury-securities/treasury-securities-operational-details
  17. Statistical Trader

    whats happened to VXX +12%

    VXX isn't meant to be held long term. It's a proxy for short term trades on the near-term, rolling VX futures. Barclays makes money on the fees and hedges out its exposure using futures. If there is demand for the product, I don't see why they don't fulfill it, unless there are regulatory...
  18. Statistical Trader

    whats happened to VXX +12%

    "Investors poured so much cash into the Teucrium Wheat Fund, WEAT -1.55% which holds futures, that it ran out of shares to sell on Monday. The previous trading day, March 4, the exchange-traded fund issued about 16 million new shares, which was more than the 13 million or so that were...
  19. Statistical Trader

    whats happened to VXX +12%

    The holdings of the VXX ETN are just the front two VIX futures, VX Mar 2022 and VX Apr 2022 at the moment (and Mar is about to expire). Can anyone help explain why "Barclays does not currently have sufficient issuance capacity to support further sales from inventory and any further issuances of...
  20. Statistical Trader

    Wheat ETF...WEAT Bought then did a covered call

    Cool. I don't know WEAT well, but for anyone else thinking about something similar, don't forget to have a look at the term structure of the futures and the contract specs of WEAT, in addition to your forecasts on the spot. https://teucrium.com/holdings/weat It seems WEAT mostly consists of...
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