Robinhood is making millions off your trailing stop orders (data n stuff)

by InVideo_ Robinhood made $90m in Q1 2020 off non-marketable limit orders. More-so than any one single entity while being a much smaller company in terms of overall flow. Which has a very intriguing image near the bottom: https://imgur.com/rwwl4lq (Robinhood is getting insane rebates on S&P500 transactions) Article: Robinhood’s Trailing Stop Orders: Extreme Profitability, By Design Previous article with moar … Read more

Incoming Tesla (TSLA) “Infinity Squeeze”

by __TSLA__ TL;DR: A bit of DD for those wondering about what’s going on with TSLA’s recent sharp rise: a dramatic contraction of the “free float”, which could trigger episodes of delta-hedging and short covering fueled positive feedback loops, also known as an “Infinity Squeeze”. The most amazing infinity squeeze in history was VW’s in 2008, … Read more

Bloomberg: End of relief map

End of relief map Bloomberg pic.twitter.com/aYBcq3nzxD — Alessio (@AlessioTMAD) July 21, 2020 The world’s major central banks aren’t purchasing debt fast enough to offset the increase in issuance, leaving almost $1 trillion of new sovereign bonds looking for buyers in the months ahead, mostly in the U.S. & Japan. https://t.co/YIlwFlA76j — Lisa Abramowicz (@lisaabramowicz1) July … Read more

The re-increase in #corona restrictions has really begun to take its toll on Main Street.

🇺🇸The re-increase in #corona restrictions has really begun to take its toll on Main Street. pic.twitter.com/4lCzHewb5h — Morten Lund (@meremortenlund) July 21, 2020 If prices don’t recover both dramatically and quickly, the era of shale oil might come to a shuddering end https://t.co/8lBUxi8I55 — Bloomberg Markets (@markets) July 21, 2020 Despite the race for a … Read more

The Nasdaq Composite Fear/Greed Indicator is deep in “greed” mode. – SoberLook

The Nasdaq Composite Fear/Greed Indicator is deep in "greed" mode. – @SoberLook Extremes rarely last long. Large deviations in one direction tend to create large deviations in the other. pic.twitter.com/spMAjoM64h — Lance Roberts (@LanceRoberts) July 21, 2020 https://twitter.com/Techs_Global/status/1285527826238771200 Context and Stock Valuations https://t.co/L72cvjdeE0 — Gregor Samsa (@macromon) July 21, 2020 Large deviations between the Nasdaq and … Read more

Water level at Three Gorges Dam in China 164 m.Max Designated Dam Height is 175 m

Joe Colangelo Important Three Gorges Dam data as of yesterday: 61,000 cubic meters/second inflow 36,000 cubic meters/second outflow Current water height: 164 meters Max designed dam height: 175m Height of dam: 185m Important Three Gorges Dam data as of yesterday: 61,000 cubic meters/second inflow36,000 cubic meters/second outflow Current water height: 164 metersMax designed dam height: … Read more

Live image of the NY Fed’s trading desk adding liquidity to the market

https://twitter.com/macrodesiac_/status/1285409032661016579 Never Before Has So Much #Stimulus Been Injected In The Economy In A Single Quarter https://t.co/fMhE1W1aop pic.twitter.com/GygxDUs9r8 — GoldBroker (@Goldbroker_com) July 21, 2020 I understand the Nasdaq- but this has gotta be one of the most delusional price levels on an index https://t.co/xwBtgZIX8Z — Kunal Shah 🗽 (@realKunalAShah) July 21, 2020

SILVER GOES UP OVER 1 Dollar an oz!

HUH…19.92 last night? BOOM…21.01Bid 21.11Ask High: 21.19 Low: 20.18 +1.13 +5.68 https://www.kitco.com/charts/livesilver.html   Historical Silver Price Performance in USD Period Change ($) Change % 30 Days +3.39 +19.27% 6 Months +3.27 +18.43% 1 Year +4.83 +29.85% 5 Years +6.16 +41.48% Since 2000 +15.60 +288.35%   h/t Goneviral

I guarantee it! – Men’s Warehouse To Shut 500 Stores, Cut 20% Of Corporate Workforce

The parent company of Men’s Warehouse announced a round of layoffs and hundreds of looming store closures Tuesday, as its business suffers a blow from the coronavirus pandemic. Tailored Brands said it is eliminating roughly 20% of its corporate workforce by the end of its fiscal second quarter. It also said it has selected up … Read more

Netflix tests new low-cost subscription plan in India

https://techcrunch.com/2020/07/21/netflix-tests-new-low-cost-subscription-plan-in-india/ Netflix is testing a new low-cost pricing tier in India as the on-demand video streaming service looks to court more subscribers in Asia’s third-largest economy. The American giant has unveiled a “Mobile+” plan for some new and existing subscribers in India that delivers streaming in high-definition (HD) quality and supports viewing across mobile, tablet, … Read more

GOP wins major ‘election integrity’ lawsuit in Florida, where Dems sought taxpayer-funded mail-in ballots

Watch the latest video at foxnews.com Republicans on Monday appeared to soundly defeat a Democratic-led legal effort to force taxpayers in Florida to fund mail-in ballot postage fees, eliminate ballot-return deadlines and strike down laws restricting the practice of “ballot harvesting” – which allows political operatives to retrieve vote-by-mail ballots en masse and return them to polling places. The Democratic … Read more

LinkedIn cuts 960 jobs

Microsoft’s professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or 6% of its global workforce, as the coronavirus pandemic is having a sustained impact on demand for its recruitment products. California-based LinkedIn helps employers assess a candidate’s suitability for a role and employees use the platform to find new job. … Read more

TO BE FAIR, THAT’S THE GOAL: PC Culture is Destroying Creative Freedom.

via eviemagazine: Throughout history, we see the same pattern repeated over and over again. Totalitarian regimes — from Germany’s Third Reich to the Soviet Union to Communist China— have consistently imposed censorship on the freedoms of thought and expression of their citizens. And today, we can witness the same pattern repeated here in America through “cancel … Read more

CHINA SYNDROME: US accuses supplier for Amazon, Apple, Dell, GM, Microsoft of human rights abuses: The company, whose tech helps power phones, tablets and wearables, is accused of helping China’s campaign against Uighurs.

via cnet: The US Department of Commerce added 11 Chinese companies to its list of firms implicated in human rights violations, including China’s reported campaign against Muslim minority groups from an area of the country known as the Xinjiang Uighur Autonomous Region. At least one of those companies, Nanchang O-Film Tech, is listed as a supplier … Read more