PiQ

Discomfort with a winning position is real. It is not the same thing as a reason to exit.

Good visual from @donnelly_brent. Strip out the payroll surprise and the macro backdrop looks remarkably similar to where it stood before the war. The biggest difference is that markets are now pricing a much more hawkish Fed.

@TinTinSquared Reminds me of a story a friend of mine told me regarding driving a G-Wagon across a field.

@BroncosBradders @CherokeeOwl LEGend

@CherokeeOwl @PiQMarkets 🫡

1931: British pilot Douglas Bader crashes horrifically. Both legs amputated. The RAF says his flying career is finished. But Bader refuses to stay grounded. He straps on tin legs, masters walking, driving, dancing — and fighting. By 1940, he’s back in the cockpit during the Battle of Britain. Leading squadrons, downing enemy planes, becoming one of the RAF’s top aces with 22 victories — all while flying with no legs. Shot down over France, he spends years as a POW, repeatedly trying to escape and driving the Germans mad. Sir Douglas Bader: Warrior, leader, legend. Proof that true courage isn’t about what you have — it’s about what you refuse to lose. Reach for the sky. 🇬🇧✈️🦉 #WWII #RAF

Sensational take down of Keir Starmer by the wonderful Trevor Phillips. 10 out of 10. No further comments.

@686Prism 🤣

nothing pivoting to ESG data wont fix oh wait nvm

Concerning..

@arestradinglab 🫡

@PiQMarkets 👌🏼

@HDP1995 Ha! Thanks matey. As always, feedback appreciated. You can probably tell that I wrote that article a month or so ago - Wasn't sure whether to bother starting the Stack, left it, then forgot I drafted it TBH

"Oh, another Claudeslop author trying to get me to buy his overpriced substack flogging random stocks" Wait, it's @PiQMarkets . And he's writing about something actually interesting regarding market psychology that makes you question your trading deeper! Holy shit!

Israel destroys Hezbollah tunnel infrastructure in southern Lebanon The Israeli military destroyed a 200-meter tunnel used by Hezbollah in southern Lebanon, according to a joint statement from the Israeli prime minister and defense minister. The U.S. was informed prior to the strike. piqmarkets.com/geopolitics-gl…

Iran Cancels Nuclear Talks with US Amid Escalating Regional Tensions Iran has confirmed the cancellation of scheduled nuclear talks with the United States in Oman, citing "barbarous" Israeli attacks and the US's alleged complicity. Tehran has deemed further dialogue meaningless under current circumstances. piqmarkets.com/geopolitics-gl…

@NickAnt12345 innit

@PiQMarkets Saddled with morons!

Portugal attracts 725 ultra-rich residents in five years, driven by lifestyle and investment Portugal has seen a nearly 50% increase in ultra-wealthy residents over the past five years, with 725 new individuals joining the ranks. This growth is attributed to a combination of lifestyle factors, tax incentives, and investment opportunities, particularly in real estate and private equity. piqmarkets.com/real-estate-pr…

The Open Position is also available via the Stack - obviously... theopenposition.substack.com

@Tim10337907 @izakaminska @conksresearch *Ronks

@izakaminska @conksresearch also, they look very different, just dont want to dox Conks, because he is a very nice lad👍

I hear there’s ongoing speculation that @conksresearch is Zoltan Pozsar. I don’t know who Conks is but I do know Zoltan is not on socials or on Substack. His research is available at exunoplures.hu

@NickAnt12345 It's the hope that kills you, my friend. (and makes us poor)

@PiQMarkets Maybe the UK could learn a thing but then again ..

The Open Position - Short essays on human behaviour that surround markets. Welcome to issue 001 of The Open Position. These will be short essays on the human behaviour surrounding markets. Not a roundup, not a trade idea service. Markets are among the clearest places to watch how we handle risk, pressure, and our own biases. These are patterns we carry into everything: the discomfort we dress up as analysis, the gap between what we decided and why we say we decided it. Each issue is an attempt to sit with those patterns honestly. Something worth carrying beyond the screen. As relevant to how we live our lives as it is to how we interact with markets. My hope is that these give you something to think about. This is issue 001. I hope you’re still here at 100.

Google Limits Meta's Access to Gemini AI Models Amid Capacity Shortfall Google has restricted Meta's access to its Gemini AI models due to insufficient computing capacity, delaying some of Meta's internal AI projects. Other Google clients have also experienced lesser impacts, while Meta's high demand has made it particularly affected. piqmarkets.com/ai-technology/…

Kim Jong Un's mother: The secret bloodline that threatens North Korea's regime North Korean leader Kim Jong Un has never publicly mentioned his mother, Ko Yong Hui, whose controversial background as a Zainichi Korean from Japan challenges the regime's 'Mount Paektu' bloodline narrative. Her lineage, considered 'wavering class' in North Korea's songbun system, poses a threat to the hereditary legitimacy of the Kim dynasty. piqmarkets.com/asia-pacific/s…

China's electric truck exports rise on subsidies, net-zero goals China is expanding its electric truck exports, driven by government subsidies and a push towards net-zero freight. This strategy aims to establish a global presence for its electric vehicle manufacturers in the commercial transport sector. piqmarkets.com/commodities-en…