BC TRADING
Saved by @jay_millerjay

Since everyone from @GovAbbott to @DanCrenshawTX are continuing to pass off massive lies about the energy situation in Texas, let's look at it again. Because it's not wind that's the problem. It's profit-protecting "deregulation" and a perverse idea of the "free market." … 1/18

 On Wed., millions of Texans are still without power. Meanwhile, Austin is expected to reach freezing just in time for a massive ice storm expected to bring down trees and powerlines. Plus, broken water lines everywhere. So clearly, the people in charge need a scapegoat. … 2/18
Fox News and GOP politicians—including Gov. Abbott — have been taking this “opportunity” to attack wind energy, call for the burning of more fossil fuels, and to make claims that green power is “deadly.” Surprise! They're lying. … 3/18
In 2003, Australia installed a pair of wind turbines at it’s Mawson Research Station in Antarctica. One of those turbines failed … after 14 years of operating in sub zero temperatures and winds over100 mph. The other turbine is still operating today. … 4/18
At the opposite end of the planet, wind turbines are operating at Svalbard, the most northerly town in the world. The fishing town of Havoysund, inside the Arctic Circle, runs on wind power. Greenland has been steadily moving to wind since 2008. … 5/18
In the United States, anyone traveling along Interstate 94 through North Dakota can’t help but notice over 1,500 wind turbines generating 3000Mw. Dallas might have reached 24 degrees on Tuesday, but it was -1 in Fargo. North Dakota’s wind turbines kept right on cranking. … 6/18
Wind turbines operate reliably, year in and year out, in conditions far worse than those currently being experienced in Texas. Yes, some Texas turbines are down for maintenance, but that number is completely in line with normal levels of outage. … 7/18
While many sources show wind as accounting for 13% of the 35 gigawatts of power currently offline in Texas, that’s only true if you use the max. rated power of every turbine offline and ignore how operating turbines are actually producing at over their projected rate. … 8/18
If the wind turbines aren’t frozen, then what is? Natural gas pipelines. Which is strange, because methane doesn't liquify until it hits -161C, much less freeze. So how can gas pipelines freeze? Well, it's an interesting question. ... 9/18
As it turns out, what’s in a gas pipeline is far from pure methane. It includes fluids involved in drilling and fracking that freeze much more readily. So when those pipelines get cold, they can develop a kind of methane-saturated sludge that severely restricts the flow. … 10/18
At the same time the pipelines are producing less, demand is going up. Not only is natural gas used at power plants, it’s used directly in home and business heating. So everyone wants the gas, just as it’s getting more difficult to move. … 11/18
The result is shortages that have either taken plants offline or reduced their rate of production, while at the same time driving the spot price for natural gas through the roof. Gas that sold for $4 / MMBTU last week, hit $500 over the weekend and $1000 on Tuesday. … 12/18
Coal plants are also in trouble. Coal burned in Texas is sub-bituminous from the Powder River Basin in Wyoming, or in-state lignite. Both grades of coal are high moisture. Frozen coal can be hard to remove from train cars, halts conveyors, and clogs crushers. … 13/18
In addition, both coal plants and gas plants are steam plants. That means that they require huge amounts of water. That water also moves around in pipes. When those pipes are exposed and uninsulated, they freeze. … 14/18
Natural gas is BY FAR the largest contributor to the current power shortfall in Texas. If the system was more dependent on natural gas, the current situation would actually be MUCH WORSE than it is, both in cost and outages. … 15/18
But the root cause of the failure is the system designed by ERCOT isn't gas. It's a system modeled on long-held ideals of deregulation. That has resulted in "wild west system" dominated by short-term profits that completely ignores safety and preparing for emergencies. … 16/18
It’s no wonder Fox News is screaming that the “Green New Deal” is killing Texas, and it’s no secret why Abbott and others want to find a convenient scapegoat that lets them off the hook Texas’ power grid is not only operating as designed, it’s a showcase of GOP dreams. … 17/18
Abbott, Fox, and the rest can’t admit the truth, because what they want is more. Not more power. More fracking. More fossil fuels. More deregulation. More price gouging.

More of the same system that’s keeping Texas in the dark.

More from Trading

Aditya Todmal
Aditya Todmal
@AdityaTodmal
12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in ↓

1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped


@jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual


@jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's
OPTIONSLEARNINGS , TRADING , ALL
Yogeeswar Pal
Yogeeswar Pal
@yogeeswarpal
A thread.

Earnings Trades Simplified.

Earnings announcements are public announcements that display a company’s earnings, or lack thereof. As the earnings announcement gets closer, implied volatility tends to increase. After earnings are announced,...

1/n

the uncertainty of what will happen diminishes, and usually we see a rapid decrease in implied volatility because of it. Because of this phenomena, we tend to stick to premium selling strategies when it comes to earnings plays. We can take advantage...

2/n

of the implied volatility crush by selling premium prior to the announcement, and buying it back after the announcement.

Earnings trades are not for everyone, as they involve high amounts of uncertainty and random movements.

3/n


Why Trade Earnings -

-Increase number of occurrences, many trades available so increases of our probability of profit.

-High IV opportunities

-Short term Binary event leading to drastic volatility crush.

4/n

Factors to consider when placing earnings trade -

1. Expected Move
2. When to place trade
3. Historical Moves
4. Strategies based on market conditions

5/n
TRADING , ALL
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
TradingView isn't just charts

It's much more powerful than you think

9 things TradingView can do, you'll wish you knew yesterday: 🧵

Collaborated with @niki_poojary

1/ Free Multi Timeframe Analysis

Step 1. Download Vivaldi Browser

Step 2. Login to trading view

Step 3. Open bank nifty chart in 4 separate windows

Step 4. Click on the first tab and shift + click by mouse on the last tab.

Step 5. Select "Tile all 4 tabs"


What happens is you get 4 charts joint on one screen.

Refer to the attached picture.

The best part about this is this is absolutely free to do.

Also, do note:

I do not have the paid version of trading view.


2/ Free Multiple Watchlists

Go through this informative thread where @sarosijghosh teaches you how to create multiple free watchlists in the free


3/ Free Segregation into different headers/sectors

You can create multiple sections sector-wise for free.

1. Long tap on any index/stock and click on "Add section above."
2. Secgregate the stocks/indices based on where they belong.

Kinda like how I did in the picture below.
SCREENERS , ALL , TRADINGVIEW
Gurjot Ahluwalia
Gurjot Ahluwalia
@gurjota
I analyzed 25+ years of #Nifty data to better understand bear markets 🐻

Why?

Given the recent market sell-off and bearish stance of market participants, history and data is your best guide to prepare if we're headed for a bear market.

Thread with findings below 🧵👇
1/n


But first, do you know the definition of a bear market?

When any index falls 20% or more from it's all time high, it is termed to be in a #bearmarket 🐻

How do you calculate length of a bear market? The time duration in days from previous all-time high to market bottom.

2/n


🇮🇳 Nifty last 25 years (1997-2022*)

Number of Bear Markets = 8

Average drawdown % = -38.5%

Average bear market duration = 246 days (8 m)

Key takeaway - Bear markets occur every ~3 years and take on average 8 months to bottom

3/n


1997 and 2006 saw the fastest bear markets with Nifty correcting 20-30% in just ~1 month.

Unbelievably, 1997 had 2 bear markets! Just imagine suffering 20% drawdowns twice in a few months!

Mar 2020 Covid crash was the 3rd fastest and 3rd worst bear market.

4/n


Okay, how should we define Bear Market Recovery?

The no of days from market bottom to a new all-time high.

Sadly, bear markets take time to recover.

Almost double the time to recover to a new ATH compared to the time to form a bottom.

Avg recovery duration – 495 days

5/n
TRADING , BULL AND BEAR MARKET
CathieFan
CathieFan
@EffingTrader
Charts Time!
Follow the thread
$SPY $SPX $QQQ $JETS $NVDA $AMZN $XLE $XLF $PLTR $IWM $TRAN $MJ

$SPY
still looks very bullish on weekly, i expect it to move to 400 early next week


$QQQ
#QQQ similar on weekly, if it dips anywhere close towards 320, buy weeklies and monthlies as its gonna go right back up, below this line though we'll see what happens


$IWM
small caps have absolutely been on fire #IWM since elections, do you think the run continues?


$JETS
#Jets monthly chart - check out the base range it created since 2017 until pandemic, 28-32, looks like its creating a nice long pattern and trying to go back to that range, lets see if it continues and breaks 28 again
TRADING

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Invest Like the Best
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In 1937, a trucker got frustrated waiting for his cargo to be unloaded. He later sold his company for $1.1 billion.

Here’s the story of how Malcom McLean made a billion dollars and which startup could be following in his footsteps. (Inspired by our episode with @laurabehrenswu)


In the early 1950s, the shipping industry was a dying business.

New York’s docks were handling half as much domestic cargo in the early 1950s as they had been in the depressed 1930s.

In thirty years, no one had invested significant money in coastal shipping.

Why?

As McLean found out, loading ships was difficult and slow.

A truck or train would deliver items to the port. Each item was unloaded separately, recorded, and carried to storage.

When a ship was ready, each item was taken from storage, counted again, and hauled on-board.


The cost of this labor was significant. As one expert at the time explained:

“A four-thousand-mile voyage for a shipment might consume 50 percent of its costs in covering just the two ten-mile movements through two ports.”


Yet, despite the industry’s issues, it felt little pressure to change.

Foreigners were barred from operating domestically. Cartels ran international routes. And gov. subsidies eased the pain of labor costs.

Reshaping the industry needed an outsider.

Enter Malcolm McLean.
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Suhas S. Hardutt
Suhas S. Hardutt
@HarduttSuhas
Chennakeshava Temple, Somanathapura, Karnataka.

This temple, not to be confused with the Belur Chennakeshava temple, was built during the Hoysala period by a Hoysala general named Dandanayaka Somanatha. The temple dedicated to lord Vishnu was consecrated in 1258.


Dandanayaka Somanatha established a village named Somanathapura on the banks of river Kaveri. He sought the permission of King Narasimha III, to begin construction of a grand temple dedicated to Lord Vishnu that would also showcase the might of Hoysalas.(1)


The temple rests on a high star shaped platform (jagati) with 3 sanctums (garbha griha) making it a trikuta, set in a square matrix oriented along the east west and north south axes.(2)


The western sanctum is dedicated to Kesava, the northern sanctum to Janardhana and the southern sanctum to Venugopala, all are forms of lord Vishnu.(3)


The sanctums share a common community hall (sabha mandapa) with many pillars. Above each of these sanctums rise the 16 pointed star shaped tower called vimana or shikara.(4)
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Panic! in the Discord
Panic! in the Discord
@discord__panic
Neo-nazi group #PatriotFront held a photo op in #Chicago last weekend & is currently marching around #DC so it's as good time as any to compile a list of their identified members for folks to watch for

Who are these chuds?

Patriot Front broke away from white nationalist org Vanguard America following #unitetheright in #charlottesville after James Alex Fields was seen with a VA shield before driving his car into a crowd, murdering Heather Heyer & injuring dozens of others

Syed Robbie Javid a.k.a. Sayed Robbie Javid or Robbie Javid of Alexandria,


Antoine Bernard Renard (a.k.a. “Charlemagne MD” on Discord) from Rockville, MD.

https://t.co/ykEjdZFDi6


Brandon Troy Higgs, 25, from Reisterstown,
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Vibhu Vashisth \U0001f1ee\U0001f1f3
Vibhu Vashisth 🇮🇳...
@VIBHU_Tweet
In the Hindu Epic Mahabharata, Ashwatthama or Drauni is the son of Dronacharya and the grandson of the Bharadwaj Rishi. Ashwatthama was a Maharathi who fought alongside the Kauravas against the Pandavas in the Kurukshetra War.


According to the Mahabharata, Ashwatthama means the sacred sound associated with the sound of a horse. He was given the name Ashwatthama because when he was born, he cried like a horse.

Here are some interesting facts about Ashwatthama.

- Ashwathama is one of the Ashta Chiranjeevi, Eight Immortals. Ashwatthama was born with a jewel on his forehead, giving him power over all living beings lower than humans. The jewel protected him from hunger, thirst, and fatigue.


- His strength is almost equal to Arjuna’s, especially in archery. Among the Kuru princes, he was good friends with Duryodhan, the eldest son of Dhritarashtra. They both have jealousy towards the Pandavas.


Duryodhan felt that Yudhisthir was his obstacle in inheriting the throne of Hastinapur, while Arjun’s talent made Ashwatthama jealous because he felt that his father’s love had been divided. After all, Arjuna was Drona’s favourite student.
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Seth Abramson
Seth Abramson
@SethAbramson
(MAJOR NOTE) The reason Manafort took over Trump's campaign in just 3 weeks despite being hired as a mere delegate counter is that ROGER STONE initiated a whisper campaign against Corey Lewandowski. That campaign started...days after Manafort returned from meeting with WikiLeaks.

2/ Stone and Manafort are longtime business partners; we'd expect Manafort to tell Stone what Assange told him, and for him to expect Stone to then pressure the campaign not only to hire him but quickly elevate him.

And who was Stone in touch with at the campaign? Trump himself.

3/ I bet you Manafort's late March emails are very interesting and that some of them are to/from his longtime business associate Roger Stone. And I bet Roger Stone's late March phone calls are very interesting and that some of them are to/from his longtime friend Donald Trump.

4/ At the end of March 2016, Trump suddenly convenes a NatSec meeting. At that meeting he directs his NatSec team to change the RNC platform in July to benefit Putin. Who later takes credit for that change?

Paul Manafort's business associate, Kremlin agent Konstantin Kilimnick.

5/ Why did Donald Trump suddenly convene a NatSec meeting 3 days after he finally hired Manafort? Why did he issue a pro-Kremlin directive at that meeting that Manafort's camp would later take credit for? What did Manafort tell Trump in the days leading up to that NatSec meeting?
POLITICS


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