Jorma

Seems like ES is pooping out

Lee, how about a short primer sometime on the mechanisms and motivations of the parties in the TBill repo market. I think I know but many don't.

Bitcoin has a market cap of $1.5TN. In the big picture that's chump change. Anyway in the growing crypto space in derivativeland if there are significant pools of shorts.... Well, we all know what happens then.

Schwab is broken for me. No login possible mobile or desk

As accidents go the short covering rally in long dated Treasuries is a fun one.

The end of the world? Talking about the liquidity world which is the topic here then hell, the Fed isn't even printing yet. They haven't even paused QT yet. There is no way we let asset bubbles deflate if China doesn't. Period.

Well I started to run from a shower the other day and realized I can't run anymore. I'm thinking Musk might go into Crypto. If Jerry and the boys won't inflate things then he will. Obviously Tesla is the biggest con of all history. It might be hard to get the mind around but this inflation of assets is, according to plan, just getting started. How else can we get to Mars? When hasn't this monetary mania gone according to plan. Hard to bet against it.

I'm thinking AI using data on every millisecond will pretty much be able to keep the averages rising forever.

It's just going to keep on going up until the shooting starts.

Nothing to worry about. All the plates are up and spinning.

Up next. Ed Brenn.

It's looking like it might be really big shew.

You don't see that too often. On my feed anyway. A gap on the ES 1 minute chart between 8:29 an 8:30. 4 points or so. Probably an error.

Michael Jordan card sells for $2.928 million at auction. "Words can simply not express the historical significance and the importance of this card,"

At what time are Treasury auctions trades executed? Ideally rates rise into auction and fall after. If your a dealer that is and it often works that way but I have no scorecard.