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  1. mervyn

    de-dollarification, brics, 401k leverage

    Very few people understand the twin deficit, us can run both current account and fiscal account deficit via printing of dollars. For China, I don’t have the current data point but pretty sure they have balanced accounts, deficits are not something they are comfortable with, like any household...
  2. mervyn

    China improves foreign market access to domestic bond market

    no no no. we live in an interesting time to see the shift of sands. i suggest you go back and read tom friedman’s book, which pitched globalization and the entire world bought it, but he is too naive to believe an empire can live forever, namely the united states. fast forward to today’s news...
  3. mervyn

    Goldman Sachs Moves to Keep Shrinking Its Consumer-Lending Business

    They don’t know much about using credit scores to lend to their customers vs American Express.
  4. mervyn

    Tesla 2023

    Tesla Energy revenue soared to $1.53 billion, up 148% compared to the same period last year. Tesla’s energy storage systems deployment increased to 3.9 GWh, or by 360% the company said. That's why Elon is doing a battery factory in Shanghai fast.
  5. mervyn

    Tesla 2023

    wait for wood in a buying spree now. i have short put this friday at 165, hopefully to pick some shares up, option premium is juicy. or i can roll to lower 160, let's see if it can bounce.
  6. mervyn

    Owning a stock both as long as well as short

    I don’t know OP’s trade plan but I for one hold long and short on ES/MES and/or different maturity dates. For example, long 1 ES with no stop limit is at the lower price but short 5-10 MES intraday or covert short term with profit target exit. But unfortunately no broker allows me to allocate...
  7. mervyn

    China improves foreign market access to domestic bond market

    BASF and VW would disagree. Soros kind is out for sure.
  8. mervyn

    ES Journal - 2023/2024

    I got stop out so often in the last few days, either long or short in day trading accounts, I can't see reason the uptrend will hold. Also none of my stocks are outforming the index in the last 2 weeks. amzn, googl, tsla, aapl, etc are flat. I don't understand what sectors are driving the index...
  9. mervyn

    How the FDIC Rigged the SVB Auction

    Why would FDIC ever consider Blackstone a deal when BX doens't have the expertise or knowhow to run a bank, and have to raise money to do the buyout? This is not M&A, depositors' money is on the line.
  10. mervyn

    China improves foreign market access to domestic bond market

    They want long term capital, not short term hot money.
  11. mervyn

    $800 million dollars

    Dominion got no balls.
  12. mervyn

    Tesla 2023

    experian is the largest consumer credit reporting company, unless you buy cars in cash, anything you put on your credit will be reported to them.
  13. mervyn

    Why does Interactive Brokers impose such restrictive limits for options trading?

    You read this wrong. No position limited is related to the positions that exist. If you are not in a position, it is moot. No one would ever trade 80 billion standardized contracts with you or goldman or morgan. You have to go into swap market (aka cfd), asked bill huang.
  14. mervyn

    Tesla 2023

    Obviously your size is small. T3 is very roomy for 5.
  15. mervyn

    Congressman advances Legislation to remove Gary Gensler the head of the SEC

    My brother is at finra, much better pay than the government agency but doing much the same thing except law enforcement. sec and the fed are technical jobs, can’t make much mistakes.
  16. mervyn

    Goldman Sachs Moves to Keep Shrinking Its Consumer-Lending Business

    That’s right, I withdraw all my cash from Marcus in January, putting money in t bills. Their lending is misleading. One have to provide proof of income in order to get their loan.
  17. mervyn

    Congressman advances Legislation to remove Gary Gensler the head of the SEC

    Gary is both rep and dem, impressive career record. No one else like the crypto scene.
  18. mervyn

    Barra.. tin foil hat...

    https://www.nytimes.com/2023/04/17/business/electric-vehicles-tax-credits.html
  19. mervyn

    Barra.. tin foil hat...

    no, the internal combustion engines are built in-house, it is patented "trade secret".
  20. mervyn

    ES Journal - 2023/2024

    That’s in hindsight, just picked 3 points short all day, not productive nor risk tolerance.
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