almost got to half a trillion
*46 COUNTERPARTIES TAKE $497.4B AT FED'S FIXED-RATE REVERSE REPO pic.twitter.com/CK5PcTrnvN
— Brian Chappatta (@BChappatta) June 8, 2021
TRADERS LAST WEEK SPENT $11.6 BILLION ON OPTIONS CONTRACTS TIED TO $AMC, MORE THAN ON $SPY, $QQQ AND $TSLA COMBINED -CBOE
— FXHedge (@Fxhedgers) June 9, 2021
Just your friendly reminder that the CBOE Equity Put-to-Call Ratio 250-day EMA has never been lower than it is today. 😈😈😈#everybodyishedgedmyass pic.twitter.com/bEVesagBek
— Dereck Coatney (@DereckCoatney) June 8, 2021
"Will the #Fed listen?"
Spoiler alert: No.
They're too scared of popping the asset bubble they created. So they rather stick with making it worse rather than apply what is the correct policy given the cumulative effects of both monetary and fiscal liquidity.#trapped https://t.co/TkmxNabs3F
— Sven Henrich (@NorthmanTrader) June 8, 2021
More than ever, investing simply feels like a roulette wheel, betting on either red or black…because data certainly doesn't matter any longer.
— John Tuld (@BradHuston) June 8, 2021
Taper will be scary pic.twitter.com/M4maRqNV9c
— Win Smart, CFA (@WinfieldSmart) June 9, 2021
Absolute power corrupts absolutely.
Nobody should have absolute power, yet the Fed has been given absolute power with checks & balances on paper only.
"Independence" is code for being unaccountable for the negative consequences.
There is no mechanism to hold the Fed accountable.— Sven Henrich (@NorthmanTrader) June 8, 2021
Never seen people so excited about something down 50%
— Jared Dillian (@dailydirtnap) June 8, 2021
… using btc as a proxy to the speculative mania pic.twitter.com/FtXB6QvBYv
— Alastair Williamson (@StockBoardAsset) June 8, 2021
most shorted index nearing next resistance fib pic.twitter.com/1jTi803eCG
— Alastair Williamson (@StockBoardAsset) June 8, 2021
Bad News: The 20% of the S&P that cannot pay interest on their debt with cash flow—zombies—are carrying $2.6 trillion in debt.
Good News: It will become very exciting at some point.
— Dave Collum (@DavidBCollum) June 9, 2021