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  1. mervyn

    Russia & Ukraine

    it is a war between two orcs, not our fight. the thing is that weapons rarely change the outcome, unless it is nuclear.
  2. mervyn

    Russia & Ukraine

    perhaps, but the railway traffic has resume. this bridge is probably most hated but now it is less significant because the Russians control all south of Dnipro river, not the only access route anymore. https://liveuamap.com/en/2023/17-july-railway-traffic-towards-the-crimean-bridge-resumed
  3. mervyn

    ES Journal - 2023/2024

    I am always good for shorting few points for a chicken bucket for sure.
  4. mervyn

    ES Journal - 2023/2024

    USD broke 100 rather quick, was talking about more rate increases would support stronger 105, not sure what the catalyst was, but be careful. China GDP misses, I am not switching long anytime soon.
  5. mervyn

    Inflation Avoidance?

    The idea of 2% inflation target is not from thin air. There are lot of research suggesting that generally GDP growth causes inflation, hence inflation targeting should be at least on par with the GDP growth, in order to maintain price stability. People are mad about central banks is because they...
  6. mervyn

    Inflation Avoidance?

    other than the gas price i am fuming about, nothing much change, at least not significantly. many postponed trips and no more fancy dinners at rated restaurants since the pandemic, life can adapt. ce la vie.
  7. mervyn

    Russia & Ukraine

    Nearly a third of the Bradley armored vehicles the US provided Ukraine may have already been lost or damaged https://www.businessinsider.com/ukraine-nearly-third-of-bradley-armored-vehicles-lost-or-damaged-2023-7
  8. mervyn

    Welcome to the 21st Century America!

    Digital Yuan wallet is more legit, I suppose. No more retail banks and deal with central bank clearing systems, that’s sweet.
  9. mervyn

    Russia & Ukraine

    https://www.nytimes.com/2023/07/15/us/politics/ukraine-leopards-bradleys-counteroffensive.html https://static01.nyt.com/images/2023/07/06/multimedia/00ukraine-weapons-destroyed-02-fcgb/00ukraine-weapons-destroyed-02-fcgb-jumbo.jpg?quality=75&auto=webp Destroyed bradley and leopard tanks...
  10. mervyn

    regional bank scare 2.0?

    Couple of real estate news last month in SF, Hilton hotels and Westfield mall defaulted, who do you suppose to buy these bad commercial loans? It is akin to Chinese Evergrande situtation.
  11. mervyn

    Tesla 2023

    Well, Elon usually disappoints on the earnings but hype it up in the later day.
  12. mervyn

    Tesla 2023

    Closed puts with more than 50% profit. I almost forgot next week is their earnings, not holding 235-215 puts expiring next Friday and the week after. Would open positions after its earnings.
  13. mervyn

    Russia & Ukraine

    Their industrial base is Donbas, west of Dnip River got nothing, used to be fought over and part of Poland, as recent as 1945. We got Lend-Lease Act for them, got to pay back somehow, weapons are not free. And we are f*king scared about the rus would nuke us.
  14. mervyn

    Big-Bank Earnings Show Signs of Soft Landing

    https://www.unseenopp.com/jpmorgan-earnings-were-artificially-good-heres-why/ contrarian view, exl first republic.
  15. mervyn

    ES Journal - 2023/2024

    friday, walk away with 3 points. idk, 2 ticks break even stop loss got hit twice, not much a 5 pts day.
  16. mervyn

    Russia & Ukraine

    Many civilians are picked up for alleged transgressions as minor as speaking Ukrainian or simply being a young man in an occupied region, and are often held without charge. Others are charged as terrorists, combatants, or people who “resist the special military operation.” Hundreds are used for...
  17. mervyn

    Listening to...

  18. mervyn

    Russia & Ukraine

    Russian Wagner Mercenaries Emerge in Belarus as Troop Trainers https://www.bloomberg.com/news/articles/2023-07-14/russian-wagner-mercenaries-emerge-in-belarus-as-troop-trainers?srnd=premium#xj4y7vzkg
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