OK let me try math again.

GoodStaking: you invest X, like you would in a savings account. After many years it produces Y interest, of which Y/2 go to the reserve over time, and Y/2 becomes G$ that you own.

No, that's wrong. Jesus.

The entire Y goes into the reserve, and that generates a Z amount of G$.

Z/2 goes to people as UBI.

Z/2 goes to you.

OK, so I wasn't that far off.

If I donate a large amount of money to the reserve, what I am doing is emulating a large Y. I'm taking a ton of money that I *have* (so it would be a "principal" today, a X) and pretending it's like a Y of someone else that will do GoodStaking.

The money that I have is a small X. It will generate a small Y. Instead, I want to take my small X and pretend it's a large Y, which would originate from a large X. That I don't have. Because I'm poor.

So if I want to make the largest possible impact into the UBI reserve, to make a splash, and help it be noticed, I can take the small amount of money I have, the X I have, and pretend it's a Y of staking, and time warp it to the present and use the X to buy G$ from the reserve.

#TATAMOTORS (TM) Analysis in weekly and daily time frame chart:

In this thread I have tried to capture,

a) How is journey of @TataMotors till date
b) What are the possibilities ahead
c) The possible trade plan with logic

What weekly chart is conveying :

a) Stock is in pure downtrend as it is making lower high (LH) and lower low (LL).
To understand HH HL LL LH, read #Dowtheory and refer tweets of @Rishikesh_ADX & @Jitendra_stock .(also watch @elearnmarkets F2F video of @Rishikesh_ADX )

b) As per weekly chart, to make the higher high (HH), Stock has to cross the level 200 and then when it retrace (pull back), Stock should not fall below 69. (To understand pullback, refer tweets of @sanstocktrader )

Now look @ #Tatamotors daily:

a) Immediate support is @ 150.
b) Immediate resistance is @ 198-200. (as we discussed in weekly chart analysis)
If it manage to cross 200, it will form it's first higher high (HH) on weekly tf.
c) If it manage to cross 200, then 240 is on the card

Possibilities ahead :

a) It may trade in channel before it make the HH in weekly TF chart.

In this case we can buy at support and sell at resistance.

Support is 157 & resistance is 200.
i.e 27% target from buy level)

Refer image.

What is intangible asset? Why investors should focus on it?

1/ Well, everyone knows an Intangible asset is not physical in nature i.e., it is something that we cannot touch. Let explore more into the concept of intangible assets – a valuable driver for companies.

2/ Intangible assets include goodwill, brand value, patent, copyright, trademark, etc. It is important to evaluate these assets as they are a valuable contributor to a company for long-term success or failure. For instance, companies like Amazon, Apple, Google, Microsoft

3/ are successful due to significant brand recognition. Similarly, Indian FMCG companies like HUL, Coalgate, Britannia enjoy huge benefits due to investment in brand awareness. IT and Pharmaceutical companies protect their sales through patents, copyright, software licensing.

4/ Most internally created intangible assets are not recorded on the company’s balance sheet or have no recorded book value. For instance, even though a coca-cola logo carries huge brand value, it does not show on the balance sheet because it was created internally, and

More thoughts on $FISV following investor day last week

This time focused on the newly named FinTech segment: core account processing and digital banking arm of legacy Fiserv

TLDR: While it’s the smallest segment (~20% of FISV revenue), it’s the “glue” that ties things together

1) $FISV FinTech segment is the #1 provider of core processing and digital banking solutions to the ~11,000 banks and credit unions in the US

Its mission critical systems power 3,700 FIs:
- core processor for 1 out of every 3 banks
- digital offering for 95 out of top 100 banks

2) This segment dates back to the origins of $FISV, and today it’s the market share leader with nearly 40% of all US banks relying on FISV to power everything from new account opening, items processing, online/mobile banking, regulatory compliance, general ledger/reporting, etc

3) Not just the market leader, $FISV is also has a best-in-class offering

Well regarded Aite Group rates it better than nearest competitors $FIS $JKHY

Today, these 3 dominate the market and maintain an oligopoly structure, with various other point solutions pretty far behind

4) $FIS skews larger multinational banks (2x+ as many $10B+ banks as FISV/JKHY combined) and $JKHY is 1,700+ community/credit unions

However, the sweet spot for $FISV is $1-50B banks (now 500+ as clients) while also maintaining a strong base of 3,200+ community/credit unions

Knowledge sharing initiative Book 4: "The interpretation of financial statements" by Benjamin Graham.

This book was published around 1937 by investing legend Ben Graham. Ben is also regarded as the guy under whom the great Warren Buffett started his investing journey.

This book teaches financial statement analysis in a very simple manner. It also focuses on the key relationship between P&L, B/s & Cash flow statements of a company.

Here are key takeaways from the book 👇👇

1.B/s shows how much a company owns (assets) & owes (liabilities) at a particular point in time mostly prepared on a semi-annual & annual basis.

2.Assets=Tangible (PP&E, inventories, accounts receivable, cash)+intangible Assets (trademark, lease rights, goodwill)

3.Liabilities=Short term debt (accounts payable,current portion of long term debt,advances from customers) + Long term Debt (bank loans,bonds,lease liability)
4.Tangible assets are written down through depreciation & intangibles are written down through amortization or impairment

5. Depreciation & amortization means normal wearing out assets over its typical lifespan. It allows the cost of the asset to be charged off (in the income statement) over a number of years.

6. Depletion gets applied in commodity businesses like cement, mining, and crude oil.

Traders often overlook the SHORT STRADDLE due to its simplicity.

It remains the TOP strategy to make money when the market is not trending.

Here's how you can make money using only the short straddle
in various market conditions

⬇️ A comprehensive thread🧵

A short straddle is the most basic neutral options strategy.

Where a call option and a put option are sold at the same strike price.

Max profit = Total premium received ( call leg + put leg )

Max risk = Unlimited

(using SLs would be wise)

Upper breakeven = Strike price + Total Premium received

Lower breakeven = Strike price - Total Premium received

Essentially short straddles are initiated when the trader is confident about the market staying in a certain range (between the breakevens of the straddle)

Long-term short straddles usually require fewer adjustments since the range is wide.

Since unlimited loss is a component of the strategy, the trader has to adjust the strategy to increase profit/ mitigating risk

Introduction to imbalance charts (orderflow trading):

A 🧵

(1/n)

Orderflow charts essentially show the real time buying and selling happening in the markets.

In below chart, you can see how market sell orders are shown to the bid side and market buy orders are shown to the ask side.

(2/n)

Using this, one can identify big buying and selling happening at various prices.

Imbalance charts takes this one step forward. How so? Read on to find out.

(3/n)

Imbalance charts shows buying and selling imbalances at various price points. How does it matter?

Imbalance here implies to what extent is buying more than selling and vice versa.

(4/n)

Why is that important? As a trader, if we know that buying at a particular level is x times more than selling or vice versa, it would help us understand the strength of supply or demand coming into the market.

(5/n)

So one last go.

I will try to do this thread without swearing but it will be hard…
…and I’m afraid im really going to have to spell it out to some of you.

This EU has set out a way back to Rejoin…but many of you remainers still don’t get it....

- A thread -

2/

How many of you wanging on about Starmer actually read the treaty or commentary on it?

Of course it’s lousy. But in 1 way it’s good:
If you’d read it, you'd know EU have cleverly & quite deliberately set out a way back to rejoin..

...with big bl**dy lanterns to mark the way

3/
The treaty sets up not just a framework for constant negotiations but 5 year reviews for “adjustment”. Anything is possible 2026:
Single Market, alignment up to 90% of EU membership – but one thing won’t be – Rejoin.
& that’s as 2024 election won’t be fought on 2nd referendum.

4/

Johnson/a Brexiter will be PM in 2024 – they’ll win any election on 2nd referendum – easily.
Which is why Labour ruled it out.

Also not clear EU would be exactly "enthralled" by a non-aligned state suddenly deciding it’ll (re)join EU.

You – all of us - need to get smarter.

5/

What we all must understand....and fast is:

The road to rejoining the EU runs thru alignment...

....Which runs thru 2026 review...

....Which depends on 2024 election.

So how do we get there?

Individual decisions will always supercede to those of masses.

One of the theories which justifies why ITC struggles to have a big rally as other stocks have.

FMCG stocks' analysis from a different
view

Thread:

It is always easy to convince 10 people that you have something valuable to offer than to convince the same thing to 1000 people.

The same thing happens with ITC too.

The total number of shares outstanding of various FMCG companies are as follows

PGHH : 3.2 Crores
Nestle : 9.6 Crores
Marico: 129 Crores
Dabur : 177 Crores
HUL : 216 Crores

And just have a guess at what might be the number for ITC.

ITC has 1229 Crore Shares outstanding!!!!

Obviously some portion is held by promoters and FII/DIIs and some portion is not available for trading on a daily basis because it has some lock-in period.

When does a rally happens in a stock?

When every investor is just trying to buy the shares and the supply is too low.

This is what happened in Ruchi Soya when the free float was so less that even a small demand caused the upper circuit in the stock.

Just got a tip that Citadel reloaded their shorts before they told Robinhood to stop trading $GME.

If this is true, Ken Griffin and the Robinhood founders should be in jail.

This is class warfare.

@aoc there should be a congressional hearing

One of an interesting thing in Current stock market,is as soon as Saturn progressing after Retrogression phase, gained the speed in trine to Rahu - Both raw Metals & oil prices are doing good. At the sametime Rahu trine alignment with Jupiter has also boomed the bank market.

Trine movement of Rahu along with Saturn and Jupiter has broken all the bullish trend setter records and amplified the internal economy. In March 2020, Pluto, Ketu and Mars has totally shaken the market into bearish trend.Keep Remember Rahu is trend setter - Strong Bearish,

Ketu - is Trend breaker- Strong bearish.

Untill and unless Jupiter is keep moving aggressively without any affliction with Atichari Motion market will keep booming.

Period of Affliction will start from 21 December 2020 onward & when Sun will Join Jupiter in January 2021

Jupiter will be in its most aggressive motion, This is the period when Market will start fluctuating real bad in January month upto Feburary 2021 period.

From 4th of January 2021 onward upto 28th January, 10th Feburary 2021, as soon as venus moves toward dhanu & Capricorn, when complete Sarpa dosha will begin, Jupiter will be in super speed with Sun, there will be heavy conjunction of 6 planet's form in Capricorn-

Floor trading and fintwit share an overlapping dynamic

"cooperative competition"

It'll be fun to lay out some basics of the floor trading ecosystem and you will spot analogies.

First an fyi.

The floor gave traders what was known as "time/place advantage". It was the first place an order became public if it was not an electronic order.

Let's classify the traders on the floor:

"Locals" and prop firms

"Locals" are independent traders.

They trade their own money and secure the right to trade on the floor by owning or leasing one of the limited seats which represented an ownership stake by the exchange's "members" (this was before demutualization)

You know prop shops.

Names like Group One, Timber Hill (IBKR), Jane Street, CTC, DRW, Cooper Neff, O'Connor, Cutler, Wolverine, and my alma mater SIG.

Traders representing these firms usually have a salary and bonus (discretionary, formulaic, or hybrid)

A little digression. There's a 3rd class of trader which is a "backed" trader which blurs local and firm.

These firms were usually tied to clearing firms and offered economies of scale in risk management, software, data, clearing rates.

I left SIG in 2008 to get backed...

My swing cash strategy ☢️
(In simple language)

1⃣ #stock selection process - always choose that stock which are consolidating near all time high

(Because whenever stock will give all time high breakout then it will easily give 20/30% return in 1/2 months

2⃣Volume analysis - In that consolidating period volume should be high of up move days then down move days. And last 3/4 month volume of accumulation is must higher then previous days.

3️⃣ fund diversification - always deploy your capital in 3/4 stocks, not more then that or not less then 3.

And, your 3/4 stocks must be from different strong sectors.

4⃣comunding magic - If you hold 10 stocks then if 2 stocks will give 100% return then portfolio impact is 20% only. (here time period is 8/15 months)

If you hold 3 stocks out of them 2 will give 40% then ur portfolio impact is 25%
(Here time period is 1/3 months)

5⃣sectors analysis - always choose that sector stocks which are near support or breakout stage.

If any stocks is out of nifty sector then u can open stock scanner website and check their peer charts.If out of 5 ,3 are strong then u can select that

🧠 11 of the best tweets by @jposhaughnessy

Jim Sir has a spectacular ability to simplify complex topics and put them in just a tweet or thread.

I scraped his entire tweet library - here are some of my faves 🔥🔥🔥

THREAD...

1/11

The brightest people I have met share a superpower that would serve investors well - the ability to make inherently complex things simple and understandable.

2/11

If you can change your focus, you can change your future.

Don’t spend a minute worrying about something that you can’t control. If something can’t be changed by you taking direct action, put it out of your mind.

Today’s society is overrun with useless distractions.

3/11

Things you learn as you get older:

Other people are far less interested in you than you think they are.

4/11

Investors:
Your "morning routine" doesn't matter;
Finding "clever hacks" won't help you;
Reading lists of "10 things all successful people" do won't help you;
Watching "motivational videos" won't help you.

What will?
Controlling your emotions, being patient and persistent.

By far, one of the most interesting Ethereum addresses I've seen is @0x_b1.

It's quite an interesting social experiment as well - a $300m whale starting a Twitter account for fun. Check their bio.

Let's break down the address and see what they are doing with their capital. 👇

0xb1 was created in mid-August, amid the food farming craze.

The address is active every day of the week and consistently makes transactions between 12:00 UTC and 6:00 UTC (sleeps between 7-11).

Likely U.S. based individual or team based on this history.

h/t @nansen_ai

0xb1 is a yield farming beast, to say the least.

It's industrial farming at its best - hundreds of transactions, swapping in and out of the latest yield farms on Ethereum.

Fun fact: the address has spent $111,000 in ether on transaction fees since its inception. Ow.

According to @DeBankDeFi, the address has a current net worth of $280 million, with $381 million in assets or staked assets and $101 million in debt.

Not too sure if this is 100% accurate, as there may be some new farms that it may not capture or represent properly.

99% of this capital is active in yield farms.

Out of the ~$280 million, only ~$250k is naked.

The address has $150 million worth of ETH and WBTC collateral deposited in Compound, which is being used to borrow $80 million worth of stablecoins.

C-ratio scares me a bit.