The dax needs something wet, not dry powder,
this flakey stock market, is lookin shakey
you can kick and be yellin, it was greenspan who started
printed too much cash gettin of the lower bound,
aint as easy as ya think, no wages growth
or PMI steep slope,
and you'll sink in a blink, just relax and joke
you risk whiplash, lock up ya cash
just dont put it in...
Bank housing loan book performance worst since the GFC
looks heavy AF, 10% gross yields might provide some support.
Plenty cockroaches in the kitchen from Money Laundering to Fraud, negligence and market manipulation
I will be shorting "The Big Leverage" until Sydney property bottoms out.
Be wary of BOJ buying intraday buying, particularly first trading day of the month - www.bloomberg.com
this is the longer term timeframe setup (weekly) -https://www.tradingview.com/x/myzJMiOV/
Sell Vol they say
Buy the Dip
You might split and splayed
Because you're being played
and if ya keep buyin ya gonna get laid out
if ya short this bitch ya gonna get paid out
Vol is comin up,
Dont sell ya puts
Callin ya out
Buy ya collar and pop it.
Get on the straddle and leg it multi-layered and dont write the put
Then short all the exporters
Australia heading into recession
Consumer Balance Sheet Stretched
Bad Debts > 15%
Can't Make a profit on 1bn of OP CF
Asset base not large enough to support loan book of that size
International Expansion Plans not a good idea when they havent bedded down home market or become profitable
We all know that The Lucky country has too much hhold debt and the banking system is a fraud with toxic culture and incentives for brokers and lack of oversight and proper governance that has resulted in a "subprime" problem that the regulator is well aware of.
They created a product called hybrid income / pref shares (which themselves are not new but the way...
Looks like bankers got greedy again, bigshort 2.0.
A short for any season, fuck winter(s), come to sunny cali
yield @ 17% = no profit when costs are 15% +
simple math :
$300m > 17 -15
especially when the markets expecting 20-25
New tax year
20,000% gains in 12m
not backed by anything
its a bit slow, blocks cant get much bigger without going to quasi-centralized model.
need lightning network and #offchainsettlements
tokens dont have any intrinsic value and are now commodity
PRICE is what you PAY
VALUE is what you GET
Bell's law of computer classes formulated by Gordon Bell...
Bit of mean reversion?
200 ema @ 7266
ABC correction to roughly that level -
Or does it go to the weekly 200 ema @ $2100?
how do you value a bit of a (tokenized and freely available) open source software code?
Or do you just manage risk and make sure the odds are skewed in your...