"And how about our Whale Trade. . ?"
"—did one trader lose millions in minutes with an end-of-May put spread?"
False.
—it never happened.
Our writers made it up... for you.
We are entering one of the most violent periods in markets but this isn't driven by a recession, it's driven by the credit cycle
The sheer amount of money being added to the system right now is creating an environment for equities that is very rare
Let's dig in 🧵👇
Here is a comprehensive breakdown of the tools and educational resources for understanding how capital flows are impacting interest rates, equities, Bitcoin, and gold (FREE)
“You wasted $150,000 on an education you coulda got for $1.50 in late fees at the public library.”
🧵👇
Since most casual observers here aren't in a position to understand any of these trade prints, I will help.
In order, top to bottom:
1) Aug 6350 Calls marked BUY 177x
Whether bought or sold, it was a trade where two dealers faced each other. Net, a wash (no meaning or influence
This is what McElligott flagged in his June 25th note
Apparently Nomura's model triggered its largest buy signal in its ~21 year history, projecting $114B of US eq's to buy over the 1-month forward period.
The 9 prior signals didn't come close to the magnitude of the size here-
One of the least appreciated views that continues to catch investors offsides is how everything is becoming more and more leveraged to interest rates.
We are in a period of time where growth, inflation, fiscal policy, and monetary policy ALL keep moving in the same direction at
As a market maker, it would drive me nuts when I'd scroll through my feed and see an order that I TRADED be misrepresented for clicks.
It happens all the time, and thousands of people don't realize they're trading on noise (or worse)
let me show you what I mean