Flux Premia @ZeroDayModel
Trader South Africa Joined February 2018-
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Twitter helps one understand why we have a market: -@FinanceGhost is selling META as it has run too hard and to pay divorce fees. Another holds the LT trend. -Folks get stopped out, my friend @Mercedarians steps in. -PMs crow BTI is too cheap, others say trends have changed
Today was a great day for JSE investors - ALSI up 2.23% on better than expected US CPI data. Precious metal producers stole the show with the index up nearly 4.5% on the day. Some stand outs from the portfolio: Impalts $JSEIMP +4.7% Sibanye $JSESSW +4.5% Tharisa $JSETHA +6.6%
$NVDA: KeyBanc raises target price to $550 from $500
"Lowest level on record"
I've bought 500,000 USD at 18.20 TP 19.94 #OneExSettler and all of that
@WifeyAlpha When great research meets price action.
#JSEGFI A lesson in candlesticks
SARB hikes by 50 basis points. There can be no doubt. @SAReserveBank is fiercely independent and Guardian of the Rand.
Rates up strengthening ZAR, bringing down fuel price, rewarding savers, crushing inflation, helping the poorest, & you're bitching because you can't afford the adjusted payment on your dream home & Audi A4? Fu#k right off!! You borrowed happiness from tomorrow. Payback time 🥺
TWO MAJOR BANKS IN EUROPE EXAMINE SCENARIOS OF CONTAGION AND LOOK TO THE ECB AND FED TO STEP IN WITH STATEMENTS OF SUPPORT, ACCORDING TO SOURCES.
Don't get caught up in doomscrolling. S&P 500 is up around 0.5% as of now. Markets recognize - correctly - that SVB is a micro- and not a macro-story. It changes little about the trajectory of the US economy, which is the same as it was a week ago. Recession is NOT imminent...
RUSSIA WILL CONVENE THE UNITED NATIONS SECURITY COUNCIL ON FEBRUARY 22 TO DISCUSS THE SABOTAGE OF THE NORD STREAM PIPELINES - RUSSIAN MISSION TO U.N., CITED BY RIA.
Markets are fixated on the idea that the US is already in recession or is about to go into one. Yesterday's Q4 GDP should end that fixation. US consumption is a bit above its pre-COVID trend. Momentum is strong in the US economy and the Fed pivoted just in time. No recession...

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