GME see's $500+ tomorrow before 11am
Citadel is about as big as it gets, manage something over a trillion in assets.gig em 02 said:I think we are thinking the same thing at the same time, however, I was basing my thoughts on the volume and quality of posts over the last couple days.$30,000 Millionaire said:
I am very concerned with how futures are looking right now.
I think people are legitimately concerned about what would happen if Robinhood, Melvin, and Citadel really take a massive L tomorrow. Apparently Citadel isn't a Robinhood client, its the parent company.
aggiedaniel06 said:
Also wanted to add this:
To go along with what I said above, the go to move this past year for most institutional players has been shorting vol after a big pop like wednesday. I'm sure they did the same thing today.
So now you have these HF's that have liquidity issues that are also short vol. And I wont get too technical but the current SPX vol to VIX beta is at an extreme correlation (thats why you saw a 70% jump in VIX with a -2.75% move in SPX). All these ingredients creates a powder keg of a situation.
ehrmantraut said:
GME see's $500+ tomorrow before 11am
tsuag10 said:
When I read aggiedaniel06's posts, I feel well informed and dumb simultaneously.
Keep it coming. Post more please!
Prognightmare said:I hold zero mutual funds and have outperformed the best mutual funds every year for over 25 years by being an active trader, fwiw.OE_Ag11 said:
So based on some of the stuff in the class. Do yall still keep mutual funds or anything like that as well. Or how does that work into the trading and investments? Or is everything cash and short trades for the most part?
Rice and Fries said:
Morning Fellas
-BTC. Has rallied 12% overnight. Currently at $37.5K
- 10YR UST yields has also rallied 2bps to 1.07 which is interesting because of SPY selling off at the moment.
- SPY is trading down almost 1%
- VIX AMD SPXS are up between 3-4%.
In other news, GME is blowing past $400 at the moment. BB is at $17.50.
What's interesting to me is I normally feel like the treasuries are the Cary's in the coal mine with down movements, but the yields are up which means people are selling. Not sure what it means but I also look more towards Aggie Daniels take on what's happening.
These damn WSB kids may have lit the fuse that tanked the market, who knows but there is an incoming liquidity crunch and I plan on liquidating further today to raise more cash.
McInnis 03 said:Here we go?McInnis 03 said:
If BTBT breaks 19.25 it has some serious room to run......consol on the 10m now.
NAILED IT59 South said:
For any of you who have ever lived abroad, I just BTFD on GBPUSD for my monthly transfer. It works for currencies too! I saved about $40-50 this month by transferring this morning versus yesterday.