Degentrading

if i had to identify another point in history similar to today - it would be feb 2020 - when americans were still thinking of covid as just another asian flu.

CT is the collective top signal for metals, memory, JP, KR and now even Oil. NICE.

something that is obvious to me but the market is sleeping on is that its the gulf states that are funding all the AI build outs. ok. no need to get AI doomer. just ask, what if the timeline was extended by 1 year or 2 years? do we still need that many chips or gpus

The gulf states will need to repatriate cash back from all their investments - private credit etc etc to shore up their economy and infrastructure. There is no way to TACO out of this

Added $ETH longs

Mess in korea just starting but dont think i can time bottoms - started to bid SK hynix against my US shorts

whilst people are pre-occupied with Iran, the real story and mover is the carnage in private credit. redemptions abound but the loans themselves are illiquid and will require a massive discount for the redemptions to go through EVEN if they are good.

am long $eth, $mon, $pepe. thesis is simple - war and you want store of value that you can just grab and run. nobody is running with big gold bars

quick thoughts - if mkt is selling off $nvda despite the immense growth and projections ...then it doesnt really bode well for the memory cos. memory bros have been saying supercycle but memory bears keep preaching cyclical....we shall find out

imo today was a massive short covering into $nvda earnings. big bounces across the most shorted names.

tldr: stani is incredibly toxic for $aave token holders. the og team lucked out and is back for the grift

new mountain BDC sells asset at 6% discount....this is likely to be the easiest and the most liquid stuff they have on hand....makes you think what the rest go for

crowd sourcing intel - how can i buy 10d 2y usdinr calls in the most efficient manner