CC LP

Mid term drawdowns produced 100% win rate returns 1 year out $SPY

These two pipelines alleviate around half of the crude oil bottleneck for Hormuz. They were built before fracking changed global oil equation. The more I study it, the more I realize the world was well prepared for this blockade. I mean, we sure had a long time to prepare for a very known and obvious threat. And then we had the fracking revolution come on top of that. Zoom out and really think on that big picture wise.

@DeItaone This headline was not on my mood board

@FirstSquawk @grok tell me more about this story

Elon Musk is cooking up a memorable stock-market debut for SpaceX, and not just because it’s expected to be the biggest one ever-WSJ

@FirstSquawk lol

TRUMP SAYS ON STOCK MARKET: THOUGHT IT WOULD GO DOWN MORE

Chinese pig prices lowest in 16 years ft.com/content/4069c7… via @ft porcine overcapacity

@Mr_Derivatives $GOOGL cheaper than $BRK.A !

The 17 largest companies and their 2027 Forward P/E estimate. Hard to say it’s a bubble when a lot of them are in the teens…

Bingo 🎯

The positioning of my #fintwit feed is so bearish and second-guessing of any MidEast progress

@HenrikZeberg Does a mega IPO align with your blow-off top forecast?

Interesting take on the potential SpaceX IPO… This isn’t just about listing a space company. It increasingly looks like Musk is packaging an entire ecosystem - SpaceX + X + xAI - into one macro trade. A cash-flow engine funding capital-hungry AI… wrapped in a social platform. Valuation? $1.25T → $1.5T doesn’t sound crazy if markets buy the narrative. But the real question: Are you buying space… or a venture-style conglomerate with very different risk profiles? Indirect plays like Destiny Tech100 (DXYZ) and ARK Venture Fund (ARKVX) show how desperate capital is to front-run this. Feels less like an IPO… and more like the next phase of financial engineering around narrative. Worth watching closely 👀 Read the article here: talkmarkets.com/article/new-in…

@mitchdeg It’s a big deal

@DeItaone Translation: Hormuz is now open (US and Israel don't ship out of this strait)

HORMUZ OPEN—BUT NOT FOR IRAN’S ENEMIES Iran says ships can pass through the Strait of Hormuz only if they coordinate with Tehran and are not linked to its adversaries. Officials reiterated that the U.S., Israel, and their allies are excluded. Traffic through the strait has dropped sharply—from about 100 weekly transits before the conflict to just seven now, mostly Iranian oil tankers. Security risks remain high. A bulk carrier reported an explosion near the UAE coast, and Iran is reportedly charging some vessels a $2 million transit fee, though this claim is unverified.

$SATS is stupidly undervalued then

Joint statement from the "Group of Seven": Ready to take the necessary steps to support global energy supplies, such as pumping the stockpile designated by member states of the International Energy Agency

@brad_patnaude @origoinvest What are good synergies estimates for a DTV / DBS merger? $SATS

@origoinvest this potentially clears the way to get another $10ish billion of debt off the enterprise balance sheet tho.... The only reason to do this is for DTV deal IMO... I thought $SATS would have moved more on this news.

Had a moment to briefly scan through the RSA on the EchoStar DISH DBS restructuring Lots of moving parts but in short: (i) paydown of DBS SubscriberCo TL and preferred shares (ii) paydown of all the 2026 Notes (iii) funded via settlement of InterCo loans (through DNC) (iv) $125M Claims Settlement (v) further protections / cash sweep on residual notes Per my initial note the clean-up paves the way for a combination with DirecTV (and only makes sense in that context given the non-recourse nature of the OpCo debt). The RSA/TS is also riddled with references to a potential transaction. From a pure numbers perspective we know this is irrelevant to the core EchoStar $SATS thesis. Fwiw I estimate the deal to be cash neutral to the business on a >4.25x FY25 EBITDA sale to DirecTV. The value here is in accelerating the transition towards a new narrative as a Space Investment HoldCo, shedding legacy luggage and repositioning the Company with a new shareholder base.

I would like to offer to pay the salaries of TSA personnel during this funding impasse that is negatively affecting the lives of so many Americans at airports throughout the country

Iran's Foreign Minister: We seek to end the war permanently #BIGBREAKING

Btw, the proceeds of any legal victory in the OpenAI case will be donated to charity. I will in no way enrich myself.

TRUMP ADMINISTRATION PLANS TO ANNOUNCE COALITION TO ESCORT SHIPS THROUGH STRAIT OF HORMUZ - WSJ

@pamelam35 @p_ryan22276 Nicely done.

@p_ryan22276 🍀

Today's CBB lesson: When you don't LOVE the board but you find just ONE game worth playing. Does it pay off? Arkansas team total OVER 83.5 Top 6 offense + top 22 tempo vs. Ole Miss's 312th FTRate allowed. Arkansas will get to the line often & never turns it over = no wasted possessions. Isolating the elite offense against the defense that gifts free throws. Darius Acuff Jr. is the best individual player I've analyzed all week.