TIL that you can pay taxes on vested securities/equities directly with that security Code F on Form 4
Insider Trading Before Tariffs If you're curious about how insiders were buying/selling their equity positions, head over to @SECGov's EDGAR & check for Form 4 & 3 filings Here's the latest one from $AAPL
๐จBREAKING: S&P 500 Fell to 2021 Prices #SPX futures / #US500 is down almost 5% since open โ4 years of gains have been lost
๐ท๐บ #MOEX down 22% since Feb Expect it to bounce back very soon - as capital is moved away from USA & USD into alt currencies, which includes Ruble Once the sanctions against Russia are dropped - that's where Moscow Exchange Index will skyrocket ๐ http
๐จ US Yield Curve UPDATE Despite the falling $DXY, the yield curve is better (less inverted) than a 1y ago, but worse than 1 month ago Expect a steeper inversion soon
This tariffs-induced volatility is the dream of every trader Clearing houses are banking from fees & comissions Finally, risky-assets/DeFi/crypto volatility coming to your favorite regulated exchange What's even the point of all the regulations in TradFi?
๐ฎ๐ณ Indian Rupee's M2 supply makes it even worse Net importer + currency inflation is a recipe for depreciation and external dependence
๐ง๐ท๐ท๐บ๐ฎ๐ณ๐จ๐ณ๐ฟ๐ฆ BRICS & Tariffs Amid the collective chaos there is a group of nations set to benefit from President Trump's tariffs HINT: it's not the USA โ๐บ๐ธ BRICS got geopolitical justification for their existence Tariff-free zone + local currency trade acts as insurance http
๐ฎ๐ณ India has accumulated a massive trade deficit India imports from China, Russia & then exports to USA & UAE. The imports are also similar to exports & a lot of it is re-exports This deficit isn't sustainable of course https://t.co
$VIX is a measure of expected volatility It's computed from option prices. The price of the option is the insurance/premium that the option seller/short charges So higher option price = protection against more volatility
Institutional longs were just reaching 2022 levels at Q2 2024 How do you think Q2 2025 will look like?
Hedge Funds & High-Risk Loans Leveraged loans are loans issued to high debt/risk entities - akin to subprime loans Tariffs will hurt solvency. Only way out is FED lowering interest rates, so the debt can be refinanced cheaper Otherwise the house of cards falls
Financial Stress Index (FSI) UPDATE as expected, the risk is increasing Sustained volatility will drive the rest up
PHYSICAL GOLD RUSH It's not just Central Banks anymore In the first 4 days of April 2025, over 52K COMEX 100 Gold Futures contracts have been requested for physical delivery Only 4 days in & it's already x2 of January interest Physical gold in high demand
Silver Physcial Delivery Demand HIGH CME's COMEX & NYMEX Metal Delivery Notices show a MASSIVE demand for physical silver 16.1K futures contract for delivery/physical settlement, up x3 from a year ago A.K.A. tariffs effect on silver Investors are HOARDING silver
Switzerland 2 year bond yield went negative Swiss Frank appreciates against major currencies like #EUR & #USD, so investors accept lower (sometimes even negative!) yields Massive demand for #CHF
Russian Ruble vs Euro Past 6 months #RUB up against #EUR by 13% Ruble is up 34% on Euro since January 2025 (YTD)
Silver back to August 2020 price After a tariffs-induced pullback of 15% today, silver is now at start of COVID prices So much inflation that still isn't priced in It will recover. And a lot!
๐ค I asked Grok 3 why silver is down today DeepSearch said that this is likely due to a stronger USD But #DXY is also down ๐
Who's selling silver? ๐ญ ๐ CDFs are down 15% on the day ๐คฏ I guess it's a tariffs freebie ๐คทโโ๏ธ