“I am long oil... I felt like we had a rare spot that I haven't gotten in a while. And so I did what a trader does and I fucking took it.”
Inflation just dropped 0.4% in its biggest monthly fall since 2020, igniting a rare breakout setup that pushes crude oil past $80 a barrel.
“Bitcoin with a reclaim here of like 64.5, and all of a sudden it starts to feel really, really strong.”
Bitcoin reclaims the 64.5 level and looks incredibly strong as inflation drops to 3.5% and completely crushes the odds of future rate hikes.
“All the biggest losers are SaaS. And it seems we're maybe back to the semi-trade here. Like it's like fully back on the menu.”
The July 14 release of flat June core CPI data triggered a massive capital rotation out of software companies and directly into the semiconductor basket.
“IBM, which is the one that I sold. Look at this. It's on 22 percent in the pre-market on news that they have no deals. No deals, they're losing revenue, and it's not looking good.”
IBM is collapsing with a 22% pre-market plunge because major enterprise deals failed to close and revenue completely missed the mark.
“that's zcast short zcast gets exploited new thesis how do you price this i don't know probably just go short”
A devastating 4-year-old bug allowed infinite minting of Zcash tokens, creating an unquantifiable supply overhang that forces traders to dump the asset.
“When I called the bottom on everyone's fucking peak panic fear over strategy. Tap the sign, brother. Look at this.”
Buy MicroStrategy right into peak market panic because extreme fear marks a definitive bottom for the firm and its massive 843,775 Bitcoin hoard.