OBTrades

@RealJGBanks Hate to admit it, but I'm pretty sure I'm in his Discord. It took just one day to figure out what was going on- insane to watch.

@tradingjip P1

$BTC idea Collected the last 18 months of time data. Both the P1 and P2 this week have been formed on Monday. The last time both the high and low for the week were formed on Monday is 47 weeks ago. Quantifying that data shows that: - 98.7% of weeks form a new P2. Only a 1.3% probability to hold both the high and low until the weekly close. Don't know what P1 and P2 mean? Comment "P1" and I send you an explanation!

@oguzerkan Makes sense- the more stocks costs now, the less return you are likely to earn later.

Howard Marks says 10-year forward returns were between 2% and -2% whenever the market traded at 23x earnings. We are at 23x forward earnings now. However, what Howard Marks doesn’t say is that 1-year forward return was still positive in half of those cases. This means that the current valuation is indeed unsustainable in the long term, but you can't call the top based on this. Instead, you should keep your market exposure but derisk your portfolio by deleveraging and exiting egregiously overvalued stocks and speculative plays. It's time to be more cautious than aggressive.

@on3 @PeteNakos Going to the Gators

NEW: Georgia State QB TJ Finley plans to enter the NCAA transfer portal, @PeteNakos reports. The former LSU, Auburn, Texas State, Western Kentucky and Tulane QB is filing an NCAA waiver for a seventh year of eligibility. on3.com/news/georgia-s…