iTrust Rating

BREAKING: It is very possible Keith Gill aka Roaring Kitty is now a billionaire if $GME hold above $65 tomorrow morning. Shares will be$325M and his calls with IV explosion might be worth $699M.If we hit Glory tomorrow ($120.75), I'll give someone who likes this post $1,000.

Hedge funds are selling stocks at the fastest rate since January. The most aggressively sold sectors include industrials, materials, financials, and energy. The $SPX put skew has surged, highlighting a rise in hedging against long exposure after months of complacency.

Potential Top 10 Meme Stocks: The first generation of meme stocks, such as $GME, $AMC, and $BB, are retiring. The second generation of the top 10 memes is arriving, and they are: $HOOD, $COIN, $RIVN, $LCID, $SPCE, $SMCI, $CVNA, $MSTR, $PYPL, and $RDDT. Focus on AI and crypto.

The performance of Fine Whisky has outpaced mainstream assets. Over the past decade (2012 to 2022), Fine Whisky has demonstrated a remarkable compound annual growth rate (CAGR) of +20.0%, as reported by iTrustRating and @iTrustWhisky. High end Whisky is known as liquid gold.

Bitcoin JUST had its 100-week MA cross below the 200-week MA for the first time EVER. Nobody knows how this is going to play out. The chart is telling the full story. Everytime 100 closer to 200, in the past, a bull market started or accelerated. A potential bullish confirmation.

Households' net worth is now contracting at the deepest levels since the 2008 Financial Crisis. From a tremendously high level. We need it to come down to pre Covid trend to make a real difference in the economy and inflation….alas this is the result of free money.

#BlackRock is eating the world. Assets under Management (AuM) back above $9tn. BlackRock is the manager of the iShares group of exchange-traded funds, and along with The Vanguard Group and State Street, it is considered to be one of the Big Three index fund managers.

Fed balance sheet fell by $73.6bn to $8.63tn in past week as banks trim emergency borrowing from Fed. Financial institutions drew $149bn, down from $154bn prev week and $164bn 2 weeks ago. Decrease primarily driven by QT. Most traders will see this as a pullback and up soon.

WOW!! Look at the soaring call option volume in the SPDR Gold Trust ETF $GLD. Unfortunately it won't Gamma squeeze like stocks. Time for consolidation. Rates bottomed for now and everyone jumped on the water. Gold couldn’t rally Friday with rates 10-15bp tighter.

#UBS To Buy #CS For $2 Billion; SNB Offers $100B Liquidity, Authorities Force Bypass Shareholder Vote. So many questions: 1) does this include #DLJ brand or is that a carve out? 2) pre or post 2022 bonuses 3) The Saudis lost 45 % of their investment, instead of helping…lol!

Bullish on Buffett buying？Warren Buffett bought another 7.88 Million shares of Occidental Petroleum $OXY this week. Berkshire Hathaway now has a total position of just over 208 Million shares. They now control 22% of the company. Nice. (900M shares outstanding)

Credit Suisse extends drop to 30%！The credit default markets are pricing in a probability of default of 38%. CS < 2. No more money for #CreditSuisse. That's what Saudi National Bank Chairman Ammar Al Khudairy said when asked about more assistance for the troubled lender.

Is CPI data manipulated? Overall US CPI fell to 6.0% in Feb, the 8th consecutive decline in the YoY rate of inflation and the lowest level since Sep 2021. US Core CPI (ex-Food/Energy) dropped to 5.5%, the 5th consecutive decline in the YoY rate & the lowest level since Nov 2021.

With inflation hitting its highest levels in 40 years, most private equity fund managers are in uncharted territory. So why are so many people so confused by it? It’s simple: Even the most senior people at financial firms have never experienced it in real life before.

If you’re wondering how to trade the AI craze spurred by ChatGPT, check out the list of top public companies that are leading within AI and machine learning. AMZN, BABA, GOOG, and PINS are the four giants listed under Internet, while NVDA is the chosen player for Semiconductors.

Located in a quiet neighborhood of Omaha, Nebraska lies the home of billionaire Warren Buffett. He bought the house for $31.5K in 1958 or $250K in today's dollars; it's now worth an estimated $652K. If he invested those funds into Berkshire Hathaway, it would be worth $1.2B.

What is smart money doing? Smart money is doing exactly the same thing it did in 2007. A breakdown of their track record at predicting market declines. Dumb Money is extremely optimistic on the market. S&P 500 hedgers are seen as smart money.

Buffett is impressive. How does he do it? But MacKenzie Scott is impressive too. The most amazing thing to me is that his approach isn’t a secret. Common sense says that Berkshire’s performance should be reproducible, and yet…Coca Cola, Geico, Walmart: Still needed during covid.

In 2022, more than half a TRILLION dollars in combined net worth were lost by these seven billionaires. If the value of their losses represented a GDP of an economy, their losses combined are larger than the GDP of: Belgium, Iran, Austria, Norway, Israel, and Hong Kong.

US Retail Sales Tumble In November As California 'Anti-Inflation' Stimmies End. Against expectations of a 0.2% MoM drop, US retail sales tumbled 0.6% MoM - the weakest since last December.Finally, the control group - which flows through to GDP -saw retail sales decline 0.2% MoM.