Month: May 2023

Here we go again….Regional banks plummeting as short sellers circle, weighing on market, lifting Treasuries

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by dkrett There has been no particular catalyst for the tumble in the regional banks Tuesday (KRE ETF currently down 8%), with losses accumulating gradually from the open, but mainly after JOLTS job openings data entered the rear view. The sell-off Tuesday is permeating across the regionals as a whole, rather than any specific banks … Read more

I still believe that the “ULTIMATE BOTTOM” and the “END OF BEAR MARKET” is 4-5 months later from here.

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by DesmondMilesDant I believe something will break from here to October that no one is probably thinking about right now by just looking at the price action across stocks, bonds, metals, commodities, housing, and forex. The theory goes like: Something happens -> Spreads will blow up -> Dollar gets the safe haven bid -> Bonds … Read more

There is plenty of oil wealth in Alaska but it is going everywhere but Alaska #akleg While the state of Alaska is struggling to make ends meet, Conoco gave $15Billion in dividends to their shareholders in 2022

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Out of 6.7 billion of AK’s oil wealth in 2018, AK received 229 million. An international consultant uses AK as an example of a failed oil tax system. Out of 6.7 billion of AK's oil wealth in 2018, AK received 229 million. An international consultant uses AK as an example of a failed oil tax … Read more

The Navy’s newest recruiter campaign

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The Navy brought a drag queen ‘Harpy Daniels’ who is an active duty sailor to participate in a pilot program aimed at targeting a wider array of potential recruits through digital platforms The Navy brought a drag queen 'Harpy Daniels' who is an active duty sailor to participate in a pilot program aimed at targeting … Read more

ChatGPT found to give better medical advice than real doctors in blind study: ‘This will be a game changer’

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While AI chatbot’s answers scored higher for quality and empathy, some experts express caution and worry When it comes to answering medical questions, can ChatGPT do a better job than human doctors? It appears to be possible, according to the results of a new study published in JAMA Internal Medicine, led by researchers from the … Read more

Robinhood will let my $295,000 in FRC puts expire worthless, while other brokers allow users to cash out

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via WSB: The OCC has released guidance allowing FRC put holders to cash out and exercise their puts. Multiple brokerages like IBKR and Fidelity are allowing put holders without shares to exercise into a short position if they have enough cash collateral. Robinhood is also allowing FRC put holders to exercise. However due to their … Read more