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  1. mervyn

    The US is now in recession

    The source of the massive revision? Net trade saw a major increase as exports were revised from 0.58% to 0.86%. Imports were revised, too, from -0.57% to -0.28%. That equaled a net GDP gain of 0.58%, up from 0.01% following the last GDP revision, and it accounts for nearly all of the 1.3% to...
  2. mervyn

    Wagner Russian Coup

    "buy 1 sell 2" in my book is buy 1 get 1 free, clean the invenotry of useless things.
  3. mervyn

    Trade War: China strikes back at US HiTech

    the french is doing it, free the animals from the zoo, how fitting
  4. mervyn

    Trade War: China strikes back at US HiTech

    this time may be different. we will arrest those commies if they come here, only another world war can solve the problem, or at least reset the table.
  5. mervyn

    Recent AI rally- the Biggest head fake in years ?

    no, sitting out this summer on 30% cash, don't trust this rally trade.
  6. mervyn

    Which way? China

    sell NVDA?
  7. mervyn

    Which way? China

    that’s withholding, not the same subject. after every revolution or independence, external liabilities would be recognized, part of forming a diplomatic relationship. i think china will deny these old bonds while taiwan is still out there. i also think us bond holders are making numbers up at...
  8. mervyn

    Which way? China

    Incorrect, we frozen Russia holdings but interests are still accruing. Those sanctioned countries, once they flipped, have the right to claim the money back. Like we took Arfghan 7 billion central bank assets, Taliban can file a suit to get it back at some point, or its successor government.
  9. mervyn

    Which way? China

    https://www.nytimes.com/1987/06/08/business/china-britain-settle-claims.html Because first the Brits gave back Hong Kong, a cash cow even to today. Second is that the claims (goverment to goverment) were very small, 37 million back then. Lastly it is a settlement, not even close to what I think...
  10. mervyn

    Which way? China

    https://asiatimes.com/2019/09/taiwan-says-it-wont-pay-century-old-debt-to-us/ Old story, new print. As long as ROC in Taiwan is still in existence, wrong place to bring suit.
  11. mervyn

    IT’s Gambling.

    you are contradicting youself. there is no nash if rules can be bended, jail breaking is the rule.
  12. mervyn

    Wagner Russian Coup

    Forget about weapons sales, that’s not a story. Kushner is well protected now financially by Tel Aviv, and making into the history of his own kind, after he sold the Palestinian interests, and had US moving embassy to Jerusalem. Making him and his family one of the oligarchs.
  13. mervyn

    IT’s Gambling.

    cme is the biggest gambling den ever created.
  14. mervyn

    Which way? China

    just the beginning. germanium has uses in solar and fiber optics. gallium is used for radio frequency chips. but both are not found naturally, so a company may have the know-how to produce, it can’t just make it without raw material, which are not profitable, e.g. zinc spot price. qcom and...
  15. mervyn

    Wagner Russian Coup

    First time saw this. It just reads exactly the opposite from the false rumors. Family embarrassment aside, Biden entire family doesn’t have any money, not even a penny more, for phone bills etc, max out on credit cards, living paychecks to paychecks if any. So borrowed money from Obama was true...
  16. mervyn

    Tesla 2023

    Expect Elon brother will dump a lot at 300. These guys can create new shares from the thin air, good to be on the top.
  17. mervyn

    Tesla 2023

    covered calls and cash puts.
  18. mervyn

    Tesla 2023

    go with the economic cycle, it will pull back a lot with a recession. in any case, will roll the covered calls slowly up, and sell puts 5-10 delta down, but I don’t plan to pick up any shares unless it is “cheap”. got NVDA at 160 when I thought it was going back to 100, of COUR I have some at a...
  19. mervyn

    Tesla 2023

    Entered when its Shanghai factory opened-:) sold half already and have covered calls 210 and short puts 150. Just milking it. And I am out of Apple at 179ish few weeks back, just NVDA and TSLA now, mostly. waiting for a big pullback, same as everyone else.
  20. mervyn

    Tesla 2023

    oh boy, shoud i book profits or not? bulls and bears are all out now.
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