Might work... 😂 😂😂
Source: Juanita Broaddrick on X
Hedgefunds piled into shorts against stocks for the fifth week in a row last week, per Goldman
Source: Markets & Mayhem
IS NVIDIA'S CEO OFF-LOADING HIS SHARES?
The dump took place on September 10th and 11th.Since the start of July, Jensen Huang has sold over 4 million shares worth ~$500 million. Huang still holds ~3.50% of the chipmaker's stock. Source: Global Markets Investor, zerohedge
The US yield curve continues to steepen.
Yields on 10-year Treasuries are the highest vs 2-year yields going back to 2022. Source: Lisa Abramowitz, Bloomberg
In case you missed it...
Intel & Amazon just Announced an Extended Multi Year Multi Billion Dollar Partnership. $INTC 📈 was up +10.85% in after hours Source: Trend Spider
Remember when early August the strengthening of the yen and ensuing carry trade unwinding was seen as a huge threat for the equity market?
Fast forward to mid-September: the S&P 500 and USDJPY are taking two opposite directions. The market doesn't seem to care anymore about the yen... Source: Bloomberg, RBC
Food for thoughts
Russian President Vladimir Putin in response to Russia’s declining birth rate, has launched an unusual initiative: encouraging Russians to have s*x during their work breaks... Source: The Times Of India
BREAKING: Prediction markets are now pricing-in a 48% chance of a 50 basis point Fed rate cut this week.
Odds of a 50 basis point rate cut have gone from 2% to 48% in just 5 days, according to Kalshi. This will be the first Fed policy decision without a 90%+ consensus since 2020... Source: The Kobeissi Letter
