BOOM. After reaching a record-high Managed Money short in Brent crude last week before the Russia-rally, the latest data shows that the net position ROCKETED 119 million barrels higher over the past week-through-Tuesday. Third-largest Brent MM net weekly gain on record.

Instead of thinking about "moves", I find it more useful to think about it this way: If you understand the Invariants of Jiu Jitsu (the universal things that don't change), then you can defend a variety of attacks. To have effective offense, then you also need deep skill in specific attacks.

If I didn't have such short legs, this is all I would do...

A non-paywalled article "Long-Dated Box Spreads: A Better Way to Buy a Home" by Joseph Wang is at cboe.com/insights/posts/long… At boxtrades.com/SPX/15DEC28 one trade shown is Sell 1 SPX 15DEC28 5000 CALL Buy 1 SPX 15DEC28 5000 PUT Buy 1 SPX 15DEC28 6000 CALL Sell 1 SPX 15DEC28 6000 PUT which collects about $89,000 today and owes $100,000 at expiration ($1000 * SPX contract multiplier of 100), for an implied interest rate of about 3.9%.

We want Meta to increase Capex and they did. Any sell off is short sighted. Zuck is wartime CEO and leading Meta into next stage of AI Revolution. Increase in Capex gonna happen across tech and bullish for Nvidia, AMD, and cloud players. This the fuel for AI Revolution 🔥🏆🐂

I was just asked by a friend in academia if I had any good recommendations for resources for learning the types of probability, strategy, and board games that are popular at a lot of the top trading firms. Would welcome any suggestions, particularly from alumni of trading firms.

I don't’ understand why $META is down 7%. They effectively guided Dec revenue up by 3%. The actual mid point was $57.5B vs Street at $57.25. More importantly, the high end of the guide was $59B, which is likely where the revenue will come in for December, that’s where the 3% guide up comes from. That means growth in December will be around 22% compared to 26%. That's the same top line growth in June.

$GLXY 36$ holding so far. Gets me somewhat bullish here tbf.

Where is the surplus? look how low US crude inventories are.

For anyone who wants to understand box spreads: cmegroup.com/articles/2024/i…

Bitcoin is a disaster waiting to happen. Okay, there you go. I said it.

I saw a Masters Blue Belt competitor get DQ'd in an IBJJF match using this. I think if the ref views it as an attack on the knee then it is illegal at some belt levels. Anyone else have better information on this?

Galaxy Digital $GLXY trading down in pre-market on the issuance of this "2031 Exchangeable Note ("muh dilution") is amusing given this raise actually affords them flexibility to refi their existing 2026 Exchangeable Notes with cash (instead of stock), limiting potential dilution from the 2026 Exchangeable Notes. One feature of these exchangeable notes is that the Issuer (i.e. Galaxy) can decide whether to repay the notes in cash or $GLXY shares. The press release from this morning on the 2031 Exchangeable Notes explicitly states they may use a portion of the proceeds to repay the 2026 Exchangeable Notes, which would remove 13.346 million of new shares hitting the market in Dec. 2026. The exchange price of the 2031 Exchangeable Notes announced today of $55.76 is well above the exchange price on the 2026 Exchangeable Notes ($33.34). As such, Galaxy can essentially sell 7.981 million of future diluted shares at $55.76/shr. to avoid an incremental 13.346 million of new shares being issued in Dec. 2026. And even assuming $445MM of the total $1.15B raised is used to refi the 2026 Exchangeable Notes to prevent this dilution, Galaxy still is left with $700MM+ of extra cash on the balance sheet to fuel growth in both their data centers and digital assets operating businesses. Not to mention - the interest rate on the new notes is 0.5% vs. 3.0% on the 2026 notes. So even with an additional $700M+ of debt outstanding, annual interest expense declines by $7.6MM due to the decline in rate. Furthermore, the additional balance sheet cash almost certainly improves Galaxy's negotiating position with construction financing lenders to help drive down future borrowing costs for data center CapEx. Altogether - this transaction should actually reduce near-term dilution, reduce interest expense, and provides a huge chunk of capital at a time when Galaxy has a variety of attractive ways to deploy it.

Dive into this detailed breakdown as Adele Fornarino shows how to execute this powerful armlock from closed guard, ensuring control and a high chance of submission. Perfect your technique and add a new layer to your ground game today. #BJJ #BrazilianJiuJitsu #AdeleFornarino #MirLock #Armlock #SubmissionTechnique #ClosedGuard #JiuJitsuTraining #BJJLifestyle #GrappleArts #BJJTechnique

So we priced at 0.5% coupon and $55.76 conversion price with no conversion until year-end 2028. Keeping selling this you fucking clowns 🤡 $GLXY

According to @DanielYergin we are in Stage 3-4 of the historical oil market cycle: * Low capital spending and M&A phase nearly complete * Currency debasement and inflation phase starting Next phases (5–6) likely involve geopolitical conflict, new demand sources, and a major oil price surge before another collapse resets the system. In short, the historical petroleum cycle suggests we’re entering an inflationary, tightening-supply phase that precedes a multi-year oil bull market and likely broader commodity revaluation.

Built this from scratch. No team of 10,000. No venture funding. Just a stubborn idea and a lot of late nights. Physical keyboard. E-Paper Display.

Don’t Make These Closed Guard Mistakes! If you found this video useful, please REPOST and FOLLOW.

へぇ 他にもおもしろそうなトレーニングをしているみたいだったinstagram.com/gym_cumados?ig…

Tried to answer a common question that comes up about COT (Futures only data) and using it for stocks. The weekly CMR video is live! HOW TO USE COT DATA FOR STOCKS & ETF TRADING! piped.video/m-4rZq54IHw?si=JgzW…