MS DESK: ".. After July’s rapid de-grossing and painful MOMO unwind, August appears to show that the chase is on. Yesterday saw more than $3 trillion of SPX notional call volumes for the first ever time."
Luke Kawa@ljkawa.bsky.social · 9h agoRecord daily call volumes in $SPY yesterday This is how you get spot up vol up!
Cross-posting: This is completely uncalled for. I think anyone who’s been an avid reader of Nick’s work would judge that he’s thoughtful and makes a point of presenting as many POVs of the Fed debate as possible.
58% of young men don’t feel like failures. Hell yeah. Score one for the boys.
Metro North Capital@metronorthcapital.bsky.social · 5h agoLooks like 42%
It is amazing that the biggest “you can just say things” guy in the universe has just said things to the point where he’s the richest person on the planet but also is thoroughly unentertaining in what he says.
Hyperscalers are the LA Dodgers, and the only way to really stop them is with a lockout. This AM’s EntryPoint:
ALL-TIME HIGHS ON THE ELEVATOR Tuesday’s 1.8% gain in the S&P 500 was its largest advance en route to a record close since November 6, 2024, the session after President Donald Trump won a second term in office.
<taps sign> Inside Google’s $200bn Wall Street finance machine for Anthropic www.ft.com/content/549f...
Inside Google’s $200bn Wall Street finance machine for Anthropic
Private credit, chip leases and data centre guarantees underpin a vast new model for AI spending
ft.com
Luke Kawa@ljkawa.bsky.social · 2w agoHyperscalers’ descent into negative FCF probably means your choices for the broad AI ecosystem from here go something like this: “Financing gets more creative” or “access to capital goes down”
“Rather, unusually, not only have earnings been strong but revisions have been rising, again justifying the fundamental support for equity markets.” -Goldman Sachs
Anyways just wait until esports is totally overrun by this. Easiest synergies ever.
time to loose the non-precise missiles i suppose
George Pearkes@peark.es · yesterdayOkay Reuters on a heater this morning *US ARMY USED 'VIRTUALLY ALL' LONG-RANGE PRECISION MISSILES:RTRS
5D net single stock purchases on Robinhood just turned negative for the first time since January 5
About a zillion times more violent and a fuglier path than I would have expected but here we are
Luke Kawa@ljkawa.bsky.social · last mo.If you’re: -bullish on rotation out of tech, you’re bearish -bullish on rotation <within> tech, you’re bullish -bullish on bottlenecks, you’re bullish-ish
Love this chart: “NGDP per capita is growing as fast as it was during the late 1990s and has accelerated faster. This is without the global disinflationary dividends of NAFTA, the end of the Cold War, or China and East Asia's rapid rise.” via @pd-williams.bsky.social
We can pretend the market has really changed its mind and come to jesus on hyperscalers’ AI ROIC or....
Officially, Warsh might be the Chair of the Federal Reserve, but for all practical purposes he’s a sTool.
July 2026 was a time when exposure to what was believed to be healthy and a source of success actually made you shit yourself violently. Also, there was a lettuce virus.
it’s me, aubrey plaza accord @sellingtheta.bsky.social · 5d agowhat happened in July GOOGL fcf negative 1st time 30yr highest since 2007 Situational Awareness blow up KOSPI 30% drawdown Warsh saying mkts on their own feels like it could be a moment in time we refer back to
Record one-day selling of $MSFT by Robinhood traders on Thursday during its biggest one-day gain since 2008
