MCTrader @elementmacro
Macro, trading and Philadelphia Eagles Thoughts, comments and ideas are not investment advice. USA Joined September 2016-
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Today’s Census print on single-family housing starts was a head-scratcher. Homebuilders we survey (consistent sample size with minimal noise) saw starts per community drop -13% YOY nationally in July, with all regions falling except for the Midwest. In order for the Census data…
Checking in to see how this one is being received... 😬
Checking in to see how this one is being received... 😬
B. Riley $RILY and Benchmark named as agents on $QBTS sales agreement. Two days later, B. Riley and Benchmark upgrade w/ price tgt increase on $QBTS and $RBTI... I'm sure the two have absolutely nothing to do with each other... @SEC_Enforcement 🫣
Aaaaaand there it is!
Have to love this headline on quantum stocks... 'Rigetti Stock Rockets 1,860%: Did Insiders Miss The Quantum Boom?' Yes - insiders are super bullish on the breakthroughs that they were dumping stock weeks ago... They missed the boom right in front of their own eyes... 🤔
Phew! The worst is behind us... Back on our way to another 20%+ year for $SPX
Sean McDonough trying to take credit away from Notre Dame when they were down their two best defensive players (both All-Americans) and one of their best offensive linemen... I know, I know, when a SEC team loses, it must be a "down year". 🤦♂️
Sean McDonough trying to take credit away from Notre Dame when they were down their two best defensive players (both All-Americans) and one of their best offensive linemen... I know, I know, when a SEC team loses, it must be a "down year". 🤦♂️
The dollar is ripping faces, yields are unch'd, oil on a run and we have ppl piling into "quantum" stonks up 25% today... And we're supposed to believe the end of year "dip" is a generational buying opportunity?
Oh, look... Fundstrat ran a data mining exercise to support its bullishness. Also, water is wet...
What's a new year without 'unconfirmed chatter' to pump a shitco?
What's a new year without 'unconfirmed chatter' to pump a shitco?
Strongest performers today are the only ones with negative YTD performance - mainly Energy and Metals... Classic front-run of buy the losers for the January rebal...
Meanwhile, insider activity... 👀
Generational bottom...
LOL MSTR bid up 5% after the company files for ability to increase s/o by 4x. Weeeee dilution! Headline: "...Wants ability to issue enough shares to buy all world's bitcoin." If you own it all, what worth does it have to rest of world? Saylor trying to corner the mkt...

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