A tale of the tape in 2 graphics 9/17/25:
1. Initial reaction was UGLY -> algos drove the 4 Quadrants of hell VERTICAL which put everyone in the HURT LOCKER
2. By end of day things mostly flat
*Lesson is -> FED days are hard to trade and if you guessed wrong it cost you…
The best HFs in the world don't let/pay their traders to guess broad market direction, why do you think that is? They know humans are dog shit at that. But hey you keep analyzing fed speech and think you are so fucking wise and can do it. Good luck to you. I am out of here for…
This chart illustrates why it's so hard to decide whether the economy is getting better or worse. Nominal wage income has decelerated, as nominal retail sales have picked up. One possible explanation: consumption is increasingly driven by stock market gains rather than income.
Saddened and disgusted by the senseless assassination of Charlie Kirk
No justifiable reason to take the life of a 31 year old father of two because you disagree with an opinion
If you are trading today and getting whipsawed ur doing it wrong. ❌
If you were positioned appropriately and are making money today you are doing it right. ✅
I don’t trade on days like this. And I’m happy.
If you are trading today and getting whipsawed ur doing it wrong. ❌
If you were positioned appropriately and are making money today you are doing it right. ✅
I don’t trade on days like this. And I’m happy.
ChatGPT now supports Project-only memory where ChatGPT can use other conversations in that project for additional context but won't use saved memories from outside the project
help.openai.com/en/articles/68…
Cuts or hikes by the Fed are not inherently bullish or bearish for the credit cycle
It is all about HOW these relate to underlying growth and inflation
If you can understand this relationship+positioning, you can know WHEN to exit the train before the bear market 🧵👇
Retail traders should understand one thing...
YOU HAVE NO EDGE BUYING WEEKLY CALLS.
Other investors need to understand the pond we are swimming in has changed.
It's almost impossible getting short term derivs correct even if you are right on your thesis because retail traders…
"Druckenmiller: What I actually learned is that position sizing is probably 70 to 80 per cent of the equation. It's not just about being right or wrong, it's about how much you make when you're right."
Given a lot noise right now in the Foreign-Born worker data, a better snapshot of (un)employment might be gained from looking at Native-Born. Big jump this month: 4.7% unemployment rate, up from 4.4% last month. AI at work...
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