Saudi tells crude short traders to "Make My Day"
#Oil
minister Prince Abdulaziz "I want the guys in the trading floors to be as jumpy as possible". via Javier Blas
@JavierBlas
#CL_F
$USO Update
@AmyEdwa16808071
@mariatad
@IlvesToomas
Would interpretate more as Macron trying to fall more in line with Estonia's PM
@kajakallas
who has been resolute on her stance from day one and many now get it ... rather than his previous appeasement and don't insult Putin stance but yes finally he jumped on board...
Exxon says a special thank you for all those SPR barrels President Biden sold them in the low $60 - who says he doesn't support the American
#oil
industry?
@chigrl
@staunovo
Official response to US President
#Biden
via
@ericnuttall
accusations & threats from Exxon Mobil $XOM. Hard to believe the lack of knowledge on energy, the belief the public will buy the political rhetoric & they are on the same team USA
#OOTT
$CL_F $XLE
#BREAKING
#Iran
has launched an extensive drone and missile attack at
#Israel
-Israeli military, White House & Iranian state media have confirmed an attack was under way.
-US pledged to back Israel.
- Jordan, Lebanon close airspace
- Egypt calls for restraint
#OOTT
#Gold
#Forex
Don't anyone ever tell you that timing the market to perfection is not a special skill. Especially in volatile stocks such as Lucid
Exhibit A: Trader of the week Peter Rawlinson, better known as Sneaky Pete in some circles sold shares just before $LCID fell into a gaping hole 👇
$LCID CEO sells 466,749 shares @ $47.27 on 12/6/21, the same date as the SEC subpoena.
That's good luck selling some before the stock dropped! Especially given that I don't even see the stock trading at $47.27 on Monday except around 4 am pre-market.
I'm sure it's nothing. 🤷♂️
Chinese Property Developers Caught in Negative Credit Loop Says Moody’s
- Highly indebted property developers and enterprises owned by regional and local governments struggle to access new funding
#China
#Evergrande
“There’s going to be a time when the world is going to be very short of
#copper
,”
“Supply is a real issue for this industry.”
Freeport $FCX CEO Richard Adkerson after the company posted better-than-expected quarterly results.
With oil over $90 (WTI) we get the upcoming
#OPEC
JMMC on October 4.
No change to the current OPEC+ policy is expected.
Meaning the 2 million bpd cut will remain in place until the end of 2024 as per the current agreement
#OOTT
$CL_F $USO
Texas Oil and Natural Gas Industry Paid a Record $24.7 Billion in Taxes and Royalties in 2022
#OOTT
#ONGT
$PXD $FANG $EOG $XOM $COG $MRO $OXY $DVN $CHK $APA $CVX $COP $VLO $SHEL
#Texas
#Houston
$XLE $USO
#oil
#natgas
It's all a Game ... Fed Presidents Kaplan and Rosengren to Sell Stock holdings At Record Highs Under Illusion of Ethics Compliance $ES_F
#Fed
#SPX
#Banksters
That is what astounded us - a bank that size having no fixed interest desk or management. In a world where every man and his dog knew rates were going up - this borders on criminal negligence at $SIVB 👇
SVB in a nutshell:
They lost more than a billion dollars every time interest rates went up 25 basis points
+
interest rates went up 450 bps last year
+
they had no interest rate hedges
+
deposit outflows as VC funding slowed down
+
attempt to raise equity triggered a bank run
China’s
#Evergrande
Contagion.
Top funds exposed in the bonds include Ashmore, Blackrock, UBS and HSBC
Estimates have bond holders receiving 25c on the dollar in a restructuring.
It borrowed around $20 billion in the off-shore dollar bond marketplace.
Treasure your friends and family and may we never forget that freedom isn’t free.
In memory of many, in memory of all
Never forget, ever honor
#MemorialDay
#LestWeForget
So Elon's little Question on selling 10% got the expected results
#Tesla
$TSLA $1,053.08 ▼ 109.86 (▼9.45%)
Was he showing how the taxation on unrealized gains can have serious implications, that these paper profits are transitory? via
#moneyNeverSleeps
BREAKING:
#HongKong
listed property developer Hopson Development plans to acquire about 51% of
#Evergrande
management unit Evergrande Real Estate
deal for around
#HKD
40 billion
Earlier Evergrande stock was suspended
Update
Fed's $Powell:
- Significant tightening financial conditions with higher bond
#yields
can have implications for policy, we are attentive
- FOMC 'proceeding carefully'
- More evidence of above-trend growth or that the labor market is no longer easing, could warrant further hikes
Love it - makes one proud of Finnish & Estonian roots - show the world how it's done - make the tough decisions, take on the establishment & party hard - btw partying here is having a laugh with friends over some music in their apartment FFS get a life the rest of you
@visegrad24
Finland’s Prime Minister
@MarinSanna
is in the headlines after a video of her partying was leaked today.
She has previously been criticized for attending too many music festivals & spending too much on partying instead of ruling.
The critics say it’s not fitting for a PM.
Gold prices hit a more than 6 month high Monday, firming above the $2,000/ounce level
Weaker dollar and expectations of end to U.S. interest rate hikes lifted demand.
Spot
#gold
+0.6% at $2,013.99 its highest since May 16.
U.S. gold futures also rose 0.6% to $2,015.00
#GC
American Military Companies Most Dependant on Chinese
#RareEarth
Supplies via
@ClemsnideClem
Lockheed Martin $LMT
Boeing $BA
General Dynamics $GD
Raytheon $RTN
Northrop Grumman $NOC
Huntington Ingalls $HII
L3 Technologies $LLL
Leidos Holdings $LDOS
Cybertruck delivery event scheduled for 2:00 p.m. ET to dole out the first ten or so EV pickups.
Wedbush Securities Dan Ives thinks Tesla will achieve a 10K-unit production quarter during the first half of 2024 before ramping higher in the back half of the year.
They do say man is a dogs best friend …. Not saying we used to walk the dogs as an excuse to go to the pub but for some reason this brought back so many memories 🍺🍻🍻🐕🐕🐕
S&P 500 information technology sector which accounts for near 29% of broader index’s $SPX weight is down 5.5% year-to-date
Includes Microsoft $MSFT & Nvidia off around 9%. Overall
#SP500
has fallen 2.7%.
$NVDA bounce off weekly Kijun a sign of support.
Electric truck developer Rivian Automotive IPO this week: $RIV
Plans to raise $8.0 billion at $57.1 billion market cap Began first deliveries September of 2021.
Has order of 100,000 EDVs from
#Amazon
through 2025 $TSLA
#EV
Competitor
#ElectricVehicles
There is no free lunch in trading, some reason everyone thinks there is or are entitled to it. Learn the ropes and put in the time.
I am glad I don't operate on my self out of a text book or take my know it all neighbor's advice on the latest conspiracy or get rich scheme.