7 Finance Books
Source: Compounding Dividends @CompoundingW
Should we call this insider information ???
.
Do you remember LTCM???
According to a zerohedge article, the leverage on Treasury basis trades - which is by far the most popular trade among big hedge funds - is anywhere between 20x (Treasury Board Advisory Committee estimate) and 56x (Fed estimate); on a VaR basis LTCM was an amateur... Source: www.zerohedge.com
⚠️No major CAPITULATION from retail investors YET:
Net retail buying of the S&P 500 ETF, $SPY, hit over $200 BILLION on Friday, the most in 13 months. Mom-and-pop investors were also the net buyers of NVIDIA, $NVDA, Tesla, $TSLA, and Amazon, $AMZN, among others. Source: Global Markets Investor
The SP500 clawed back earlier losses on Monday to end the session higher after briefly touching six-month low.
However, the tape wasn't all that bullish despite the big reversal. Indeed, Tech completed a top relative to $SPY while defensive stocks completed a bottom. Not the kind of risk appetite you want to see on a rally. Source: Steven Strazza
🔴 They really waited until the last 10 minutes..
Yesterday's "Market On Close" buy imbalance (for pension buying) was the highest on record (source: Goldman) Source: GS, www.zerohedge.com
Most crowded trades according to latest BofA Fund managers survey China Tech is far behind Mag7
Source: BofA Global Fund Manager Survey
Retail Options Traders are now short the LARGEST amount of Gamma in AT LEAST the last 14 months 🚨
Source: Barchart, TME
