1. According to Charlie Ward, right now there was no legal US President because B*iden was elected president of US Inc. and US Inc. has been dissolved because of their bankruptcy that finalized Nov. 2 2020.
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More from Biden
In the campaign, Biden said he would not approve new fracking permits on federal lands. But he would allow existing fracking to continue on federal property and existing and new fracking to continue on private land. .... https://t.co/EDVj7RQdFs
— Glenn Kessler (@GlennKesslerWP) January 26, 2021
The economy is bleeding, and the Biden administration's response is to cripple one of the few industries that has been consistently employing people throughout this crisis.
But, his allies in the media don't want him to take that PR hit, so they run cover and play word games. Biden's exact words were "We are not going to ban fracking. Period." The "Period." there would imply that ANY ban is off the table.
If you are going to prohibit via executive order - which is nothing more than a law passed outside of the normal legislative process - anything, you are "legally" prohibiting it. There are legal consequences to violating that regulation.
So yes, definitionally, Biden has "legally prohibited" fracking in some way, shape, or form, which is the opposite of his campaign statements.
In other words, he lied.
So much happened yesterday. I'm going to collect my threads here on yesterday's big immigration news.
First, we got key details of Biden's big immigration
There is a LOT to like about this bill. I want to highlight some of the proposed changes beyond just legalization, including:
— Aaron Reichlin-Melnick (@ReichlinMelnick) January 20, 2021
- Ending the 3 & 10 year bars
- Curbing the "Muslim ban" authority
- Preventing "aging out" of children on nonimmigrant visas.https://t.co/jkFBIcNJEb
Once Biden had officially taken office, we got the first major action. As part of a standard transition process, the Biden White House froze all regulations which Trump had been trying to finalize at the last hour. I did a thread on what we
This is a standard order issued following every transition, but today it feels so important because of how many horrific things were in the pipeline.
— Aaron Reichlin-Melnick (@ReichlinMelnick) January 20, 2021
Here's a brief thread about some of the terrible anti-immigration regulations that didn't make it across the finish line.
1/ https://t.co/q0QpfVxPXm
Last night we started getting more changes. One of the first was an order telling CBP to stop putting people into the so-called "Migrant Protection Protocols," a cruel program that's left thousands in a dangerous limbo. But there's still more to do!
Incredible.\U0001f38a I am overwhelmed with joy that we are finally seeing the end to one of the most cruel and heartless policies of the last four years\u2014one that caused horrific damage to peoples' lives.
— Aaron Reichlin-Melnick (@ReichlinMelnick) January 21, 2021
The first part of the promise was kept. Now #LetThemIn!https://t.co/PZGrbvagaa https://t.co/PMeOxrKJvm
After that, we began getting the text of immigration executive orders. The first one put onto the White House's website was the order ending the Muslim Ban/Africa Ban and ordering the State Department to come up with a plan for reconsidering
\U0001f38aWe have our first immigration EO and it's the order ending the Muslim Ban/Africa Ban!
— Aaron Reichlin-Melnick (@ReichlinMelnick) January 21, 2021
The Bans "are a stain on our national conscience and are inconsistent with our long history of welcoming people of all faiths and no faith at all."https://t.co/4lh20OCCAY pic.twitter.com/8mW9wuPyzc
The next immigration executive order put on the White House's website revoked a Trump executive order from January 26, 2017 which made all undocumented immigrants a priority for deportation and directed a DHS-wide review of immigration
\U0001f38aSecond immigration EO! It is short. It establishes that Biden believes that immigration enforcement "requires setting priorities to best serve the national interest."
— Aaron Reichlin-Melnick (@ReichlinMelnick) January 21, 2021
It then revokes Trump's original EO that made all undocumented immigrants a priority.https://t.co/MvaeqPbiyK pic.twitter.com/dpkVZAKOT2
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Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
