BC TRADING
Saved by @Mollyycolllinss

1/15
By now you have undoubtedly seen the craziness going on in the stock market, with a selection of stocks surging hundreds if not thousands of percent in a matter of days or even hours, along with a whole bunch of financial jargon. So what exactly is going on? #velshi

 2/15
One major term you have heard is "shorting" - which is just placing a bet that a stock will go down in price. #velshi
3/15
An investor can make money on this type of gamble by borrowing shares from a broker, w/o initially paying for them, selling them immediately & then later buying the shares at a lower price & returning them to the broker, keeping the difference in price as profit. #velshi
4/15
For example, an investor borrows 1 share of stock XYZ at $200 & sells it. The investor now has $200 at an initial cost of $0. However, the investor stills owes the broker that 1 share. #velshi
5/15
The gamble is that the price of the stock XYZ will go down - let's say to $100 a share. The investor can then buy the 1 share that it owes the broker at that lower $100 price. #velshi
6/15
This means it costs the investor less to buy XYZ than what it has already sold XYZ for & the investor can keep that extra $100 difference from the $200 sale price. #velshi
7/15
Of course, the price of the stock could increase - and the investor still owes the broker the share XYZ, in which case the investor loses money. Potentially a LOT of money. #velshi
8/15
Using our example, let's say stock XYZ increases to $220 dollars. The investor still has to buy the owed share, but it now cost $20 more than it was initially sold for, and the investor loses that money. That's the basis for what has been going on. #velshi
9/15
What basically happened was within the last week or so some people on the Reddit 'WallStreetBets' noticed that some hedge funds were placing massive “short“ bets on several distressed widely known companies. #velshi
10/15
Short bets were placed mainly on Gamestop but also Bed Bath and Beyond, American Airlines, AMC Theaters, Blackberry, and others. #velshi
11/15
These redditers then essentially crowdsourced a whole bunch of people to bet AGAINST the hedge funds, buying shares at increasingly inflated prices in order to prevent the stock prices from going down. #velshi
12/15
As the price kept going up, some of the hedge funds were forced to start buying shares to replace the ones they had borrowed when they initially expected the stocks to drop in value, in order to cut their losses, in what is known as a 'short squeeze'. #velshi
13/15
And all that buying - that new demand - has the effect of dramatically increasing the price of the stocks. #velshi
14/15
There has also been a lot of talk & consternation that some brokerage & trading firms popular with newer traders, including one called 'Robinhood', cut off the average person's ability to trade in some of these volatile companies. #velshi
15/15
That led people to call for investigations into why regulators go after small investors when they move the market, but not big hedge funds which, some people say, manipulate markets as a normal course of their business. #velshi

More from Ali Velshi

Ali Velshi
Ali Velshi
@AliVelshi
1/11
The House of Reps approving $2000 relief checks rather than $600 dollars. That’s a big deal. $2000 checks could ease the pain just long enough for millions of Americans to remember this is the good our government can do in moments like these. #velshi

2/11
The bipartisan bill was met by Mitch McConnell at the front door of the senate with the words "The Senate is not going to be bullied into rushing out more borrowed money into the hands of Democrats' rich friends who don't need the help.” #velshi

3/11
The bipartisan bill for $2,000 checks was met by Mitch McConnell at the front door of the senate with the words, "The Senate is not going to be bullied into rushing out more borrowed money into the hands of Democrats' rich friends who don't need the help.” #velshi

4/11
What is, indeed, “rich” is Mitch McConnell - estimated to be around the 9th wealthiest person in congress - and who makes $193,000/yr, talking about people’s “rich friends”.
#velshi

5/11
If you add $2,000 to the $1,200 checks that went out in March, that’s $3200 over 9 months. $11.85/day. Nobody’s getting rich off of that. #velshi
GOVERNMENT , FINANCE
Ali Velshi
Ali Velshi
@AliVelshi
1/13
This past week, before he did an interview with a top-rated AM radio station in St. Louis, and THEN being interviewed on CNN, Senator @HawleyMO wrote an Op-Ed for the fourth highest circulated newspaper in America. #velshi

2/13
In all of those extremely high-profile appearances, he repeated his grievance that he is being quote "cancelled" and quote "muzzled." That's rich. #velshi

3/13
Hawley freely discussing his being "muzzled" seems lost on him as he writes about how "corporate monopolies and the left team up to shut down speech they don't like and force their political agenda on America…” #velshi

4/13
Hawley continues: "For those who still believe in free speech & the First Amendment, this is the time to take a stand." That's cute. Complaining about being cancelled while speaking on the Senate floor. Complaining about shutting down free speech in a major newspaper #velshi

5/13
Hawley seems to enjoy taking stands, he's just not overly discerning about their being rooted in truth. And when they clearly aren't rooted in the truth, Hawley believes he bears no responsibility for what he says. Hawley can apparently dish it out but can't take it #velshi
GOVERNMENT
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Ali Velshi
Ali Velshi
@AliVelshi
1/11
This week, over half the Republican Congress signed on to a Texas lawsuit asking the Supreme Court to invalidate millions of votes in 4 battleground states, despite having ZERO evidence of voter fraud. This is shocking but, sadly, not the least bit surprising. #velshi

2/11
Last night, the Supreme Court—including all 3 of Donald Trump’s appointees—rejected Texas’ case to overturn the election results. But one wonders whether it would have been more useful for the court to have heard it and then decided against it. #velshi

3/11
Trump’s tactics may not have worked in the ACTUAL courts, but a poll out this week indicated that 77% of Republicans believe there was fraud in this election. While most of that misinformation comes from Donald Trump himself—he’s the spark—the fuel is all around us. #velshi

4/11
Months ago, I warned that congressional candidates who hold dangerous fringe views could potentially get elected. They did, and I thought that was going to be our biggest problem moving forward: candidates whipping up conspiracies on the campaign trail. #velshi

5/11
I failed at the time to recognize that the dangers are far greater. Since Nov 3, elected members of the GOP and their constituents have pushed actual lies in favor of overturning the election and the will of the people who voted Biden in and Trump out. #velshi
COURT
Ali Velshi
Ali Velshi
@AliVelshi
1/13
I don’t know how many GOP members of the House and Senate watch @VelshiMSNBC so I have a favor to ask of you: If you know any, or know anyone who knows any, could you pass this message on to them for me? #velshi

2/13
While the GOP is busy trying to tear down democracy, there are some difficult realities facing America right now that could really use their attention. We are starting 2021 off in bad shape, considering that this is the most prosperous country on earth. #velshi

3/13
America is not the most populous nation in the world; it’s only about 4.25% of the global population. Yet America accounts for nearly a quarter of the world’s coronavirus cases and deaths. #velshi

4/13
55 million Americans are living in poverty. You’ve seen images of cars lined up at food banks. 1 in 6 Americans are now food insecure, meaning they aren’t certain whether they will have the resources to put food on the table for their next meal. #velshi

5/13
In America, most people’s health care coverage is, stupidly, tied to their job, so 29 million Americans now don’t have health insurance. Up to 40 million renters are far enough behind on their rent to be living in fear of eviction. #velshi
FOR LATER READ
Ali Velshi
Ali Velshi
@AliVelshi
1/13
On the night of Thursday, May 28th, I was standing in front of a burning liquor store at the corner of E. Lake St. & Minnehaha Ave in Minneapolis. 3 days had passed since the killing of George Floyd by police. #velshi

2/13
I had been at that intersection for 6 hours watching the frustration grow. For 90 seconds, I described the scene, in detail, to my colleague Brian Williams, who was anchoring in New York City. But I was concerned... #velshi

3/13
The impression one might get from watching a police station overcome & of buildings burning was that of riot, or that Minneapolis was burning. But it wasn’t & I wanted to emphasize that the majority of the protestors were peaceful & not participating in any violence. #velshi

4/13
So I took an extra 20 to clarify that. And that 20 seconds is the ONLY part of several days of my reporting that right wing media continues to circulate. #velshi

5/13
An inaccurate blending of the events of those days became a regular laugh line for Donald Trump, who repeatedly told rallygoers some version of this story. That 20 sec. clip of my reporting, without context, made it to the floor of Congress as part of a hearing. #velshi
SOCIETY

More from Trading

Robot James
Robot James
@therobotjames
In my 20 years of trading I have noticed this cycle play out again and again with traders that "make it":

1. Overconfidently reach for returns
2. Get humbled by the market
3. Simplify + concentrate on clear, high probability edges.

1/n

Nearly everyone starts with a lack of respect for how hard it is to consistently make money trading.

That leads them to pass over high-probability sources of returns in favor of more marginal ideas.

Or they overcomplicate the trading of a good edge.

2/n

Here's an example...

It is 2015. You look at a simple strategy.

You hold an equal dollar exposure to:
- Cap Weighted US Stocks (VTI)
- 20+ Yr US Treasury Bonds (TLT)
- Gold (GLD)

And rebalance each month.

(I've extended back a bit with mutual fund prices.)

3/n


It made money consistently with a few blips.

You'd have 4x your money from 1997 to 2015.

It makes sense. It's harnessing two big sources of risk premia (equity + duration).

It diversifies across 3 macro assets that tend to outperform in different econ environments

4/n

But, naturally, you turn your mind to how you could do better...

And here is where it gets dangerous!

There are good ways to try to "do better", and there are bad ways to try to "do better".

5/n
TRADING
Sajal Kapoor
Sajal Kapoor
@unseenvalue
On this auspicious day of #GuruPurnima, happy to share an easy to read and an exceptionally worthwhile investment. I plan to make a thread that will hopefully help us invest and live better. Thank you @awealthofcs 🙏🏻


Experience has taught me that less is always more when making investment decisions. Simplicity trumps complexity. Conventional gives you much better odds than exotic. A long-term process is more important than short-term outcomes.

And perspective goes much further than tactics. Tactics are useless to investors in a matter of days—sometimes in a matter of hours. But perspective is something that stays with the investor for a lifetime. It allows you to adapt to the changing market and economic landscape.

While keeping it simple won’t make it any easier to predict the future—no one has a crystal ball—it can give you the necessary capacity to make rational decisions, no matter what happens next.

Perspective is so important because, without it, even the most intelligent of investors can be ruined from a lack of self-awareness in their own abilities. Investors that fail to put the news or market moves into the proper context....[1/2]
TRADING
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Peter McCormack \U0001f451
Peter McCormack 👑...
@PeterMcCormack
1/ Feels like a good time to tell the story of how I went from broke to a millionaire to broke again in 2017/18 again...

Yesterday was brutal for some people...

Losing life-changing money sucks, losing any money sucks...you can chase the market or you can change your strategy.

2/ The original thread is gone but you can read it here.

https://t.co/cLLNs75rB0

tl;dr
- Traded $32k to $1.2m
- Thought I was a genius
- Made poor investments
- Didn't conserve capital
- Peaked at 150 BTC
- Lost nearly all of it

2 weeks from losing my house + no income. Oops.

3/ I am going to assume you are in it for the money rather than the tech. Yeah, you might Tweet about the amazing blockchaining of cross-border payments and oracles yadda yadda...really, you are in it to make money.

If you are really in it for the tech, go and build something.

4/ Okay, so if you want to make money, trading is super hard, you are trading against:
- Better traders than you
- People who can move markets
- Unknown information

And if you are trading with leverage you might blow up your account with the volatility.

5/ If you are not trading, you are investing. Okay, so what are you investing in?

I made the decision that the crypto with the best opportunity of existing in 10 years is #Bitcoin:
- Solves a genuine problem
- The right tech
- A proven track record
TRADING
Sohaib Albadawee
Sohaib Albadawee
@albadawee
Everyone should own a digital asset that earns $2,000 per month.

Here are 10 dead-simple ways you can make your First $1 online (from people who actually did it):

🐦 Analyze viral Tweets

1. Get Twemex (free chrome extension)
2. Find influencers with viral tweets
3. Identify why they went viral
4. Put your analysis on a document.
5. Upload it to Gumroad
6. Sell it

H/t @BrianFOConnor

🔢 Extract data from yellow pages into excel

1. Find a B2B/B2C niche that needs offline data
2. Choose a digital platform (Excel, Airtable ..)
3. Move the data to the digital platform
4. Hire someone on Fiverr to do it
4. Sell it on gumroad

H/t @SachinRamje

🎨 Design flyers and graphics

If you are good at designs:

1. Find a niche (ex: Vegan resturants)
2. Create a profile on Upwork
3. Upload a portfolio
4. Start with a low charge per hour/design
5. Steadly increase your charge

H/t @abdussalampopsy

🏋️ Become a coach

1. Decide on a target persona
2. List down your achievements
3. Update your social profiles
4. Create a calendar account
5. Create content with CTA to book a call

H/t @OllieEmberson
TRADING
Varsity
Varsity
@ZerodhaVarsity
A 🧵on the basics of block and bulk deals.

Block and bulk deals are large purchases of stocks by investment banks, mutual funds, hedge funds, pension funds, FIIs, and promoters. Tracking block and bulk deals can help give you a sense of what these large players are thinking.

A single transaction where shares more than Rs 10 crores or the number of shares traded are more than 5 lakh is considered a block deal.

Block deals are carried out in separate trading windows. This trading window operates in two shifts of 15 minutes each:

Morning trading window from 8:45 AM to 9:00 AM.
Afternoon trading window from 2:05 PM to 2:20 PM

Block deals happen in different windows to reduce volatility and sudden price movements. Given that they are traded in a separate window, they do not show up on the volume charts.

Brokers facilitating the transaction are required to inform the exchange. You can track bulk and block deals on NSE & BSE:
https://t.co/pwTyzWTnUL

https://t.co/g9BbHiEag3
FINANCE , MARKETINFO , BLOCK DEALS

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STEALTH JEFF
STEALTH JEFF
@drawandstrike
Here is Editor-in-Chief of the @EpochTimes, @JasperFakkert's response to the slanted hit piece that @Buzzfeed's @HayesBrown put up 2 days ago:

Brown's article at Buzzfeed starts off pretending it's some kind of really off-the-wall notion that Hillary Clinton paid for the creation of the Steele Dossier that was then used to justify the FBI's spying on the Trump campaign & transition team.


After that awful start, he swerves to making accusations that the Epoch Times is connected to the 'cult' Falon Gong.

You can read the article here:

Brown insinuates with no real evidence whatsoever that the Epoch Times is 'Falon Gong-linked'.

The 'evidence' he supplies in his article to 'prove' @EpochTimes is 'Falon Gong-linked is this:

1) the Epoch Times' extensive *news coverage* of China's attempts to wipe out Falon Gong with intense persecution directed at the group since 1999.

2) a reporter *shouting a question in 2006* at then-President George W. Bush about China's persecution of Falon Gong members.
ALL
Kate Julian
Kate Julian
@katejulian
1/ Something strange is happening with people’s sex lives. 20-somethings are having sex later and less frequently than previous generations. I spent several months digging into this for @theatlantic. https://t.co/5ehzmWY9wi


2/ This phenomenon—I’m calling it a Sex Recession—really surprised me. It seemed improbable in the age of Tinder, digital porn, and attitudes that are generally permissive and sex-positive.

3/ What’s happening isn’t exclusively American: Similar trends are being observed in other countries, including Japan, Australia, the U.K., Finland, and the Netherlands.


4/ One cause is obvious: Adults under 35 are less likely to be living with a partner than in recent decades, and more likely to be living with their parents—which, it’s safe to say, isn’t great for one’s sex life.

5/ But I also found other explanations, each with profound implications. The first, unsurprisingly, has to do with internet enticements. Netflix and other online entertainment may be substituting for sex.
SOCIETY
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#OurFavOnlineDoc \U0001fa7a\U0001f1f3\U0001f1ec\U0001f1ec\U0001f1e7\U0001f48e
#OurFavOnlineDoc 🩺🇳🇬🇬🇧...
@DrOlufunmilayo
HELLO: If you pee and every time you finish, your urine looks like this picture, you may have a serious medical illness.

Foamy urine especially if it is persistent and noticeable over time may mean you have a serious kidney problem.

Let’s talk about this today...
RT for others.


What are the features of a normal urine?

A normal urine should have a light yellow colour, painless, odourless (or faint smell), steady stream and should ideally not foam when you pee.

When there’s something wrong, then you see changes in all the above normal features of urine.

For instance if urine becomes very deep yellow, it may mean you are dehydrated;

If urine becomes painful or smells really really bad, it may mean you have an infection;

If urine has a poor stream, especially in a man, it may mean a prostate problem like cancer.

Do you get me?

So today let’s talk about Foamy Urine.

What are the things that can cause urine to suddenly be foamy. As I said in the first tweet, it MAY mean a serious medical illness like a serious kidney problem.

First things first- it does NOT always mean a problem but it may as well.

Now what are the causes of Foamy Urine:

1. SPEED-
If you pee really fast or with a lot of force, it may make your urine more foamy than usual. The speed and force makes the urine generate a lot of bubbles which tend to almost quickly disappear as it is formed in the toilet bowl.
HEALTH
Manas Arora
Manas Arora
@iManasArora
My course is now available for FREE on youtube.

Channel link: https://t.co/BJqESqFVko
ALL
Maurice Casey
Maurice Casey
@MauriceJCasey
I am reading through reams of late-1920s communist poetry and easily my favourite title so far is: "To a Lady who Rejected a Poem about Spring as a Petit-Bourgeois Deviation"

The last lines:
"So here's my hat into the air,
Three cheers for your amazing hair,
For coal mines, and for turbines, too,
For steel, the Comintern and you!"

A not exactly graceful (though possibly satirical) title: "Lines Disassociating Myself from Yessenin and Supporting the Otherwise Unfounded Legend that I am a Foremost Proletarian Writer"

An excerpt:
"Goodbye verses of Yessenin
Goodbye literary slop-
You are not the line of Lenin
You are not the line of WAPP

Never shall I moan a
simple lyric from the heart
I'll devote my new corona
to the proletarian art"

The poet was Joseph Freeman, who published much of his revolutionary verse in the New Masses, a stylish journal of the interwar American literary Left.
CULTURE


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