darrylsxm

Jerome Powell held 63 press conference as Fed chairman and over that time there wasn't a single question about the 40% money supply spike in 2020-21 or $18 trillion increase in the national debt during his tenure as the root causes of inflation. That's either unbelievable incompetence on the part of the most renowned financial journalists in the business or questioning/dissent is not allowed. Which is it?

The Fed expanded the money supply by nearly $9 trillion under Powell. Inflation has averaged >4% per year over the past 6 years. Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control. The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money.

Cathie Wood bought ~$40M of $HOOD today

The VIX will plummet unrelentingly in to mid July. The dollar will soften. Oil will fade. The bears will completely disappear and risk assets will skyrocket. Do not be surprised if we get a major blow-off top this year. The Fed will encourage it. Bitcoin to $150,000+. IWM to $300

The Fed expanded the money supply by nearly $9 trillion under Powell. Inflation has averaged >4% per year over the past 6 years. Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control. The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money.

Data centers look ready for a retest the coming days with some great buying opportunities across the board. My favorites are pretty straightforward. $NBIS $CRWV $CIFR $IREN The train hasn't left the station yet. Make sure you don't miss the second stop!

🐋 $IREN Whale Watch Last week the $50 strike was the anchor at $14M. This week the chart rotated: $50 and $55 are now co-leading at ~$8M each, and $60 calls just crossed $6M going vertical into the right edge. Whales didn't exit $50. They expanded the target range upward. $65 and $70 both building to ~$1.5-2M, $80 calls active at $2M. Total call premiums across the ladder are approaching $35M+. The only negatives are $40 puts and $52 puts both sitting at minimal -$200K — noise, not conviction. Everything else is green and climbing. Price pulled back under the $50 strike. Whales have seen this before on this name and they held through worse. The targets just moved up to $55-$60 while price is below $50. Two weeks of building, targets expanding, price dipping. Who's right: the tape or the whales? 👇