Trader | Crypto enthusiast | scuba diver | wine aficionado | #SaltLife | #Nasdaq | #Fintech | #Derivatives | #Finance | #0.1%

Miami, FL
Joined May 2011
305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
We are in a โ€œstealthโ€ bear market. For the first time in history, nearly 60% of the S&P 500โ€™s components are in a bear market, while the index trades 3% away from a record high. We think this is a historic opportunity. @TKL_Adam joins @cvpayne on Fox Business to discuss our view.
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
๐Ÿ‡บ๐Ÿ‡ธ SpaceX is getting ready to attempt something absolutely INSANE: REFUELING TWO STARSHIPS IN ORBIT. The company is targeting the first half of 2027, potentially as early as FEBRUARY, for its first orbital docking and refueling demonstration. Two massive spacecraft will have to meet in space, dock, and transfer super-cold rocket propellant between them. This is one of the BIGGEST technological hurdles standing between humanity and a return to the Moon, with enormous implications for future missions to Mars. If SpaceX pulls this off, it could fundamentally change how humanity travels through space. Writer: Sol
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
holy shit, this is literally the stimulation hypothesis.
We placed the fruit fly brain inside Odyssey-3, a frontier world model. The lilโ€™ guy is now flying around totally imagined, simulated worlds all by itself ๐Ÿซถ
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
Palmer Luckey: โ€œThe U.S. and China will be like their own universesโ€ฆ and everybody else will be renting pieces of them.โ€ ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡จ๐Ÿ‡ณ โ€œThe U.S. and China will be in different worldsโ€ฆ almost like their own universesโ€ฆ and everybody else will be renting pieces of them. I think thatโ€™s pretty likely. There are a lot of people who look at a working-class American whoโ€™s against taxation and regulation and say, โ€˜Why is he voting against his own self-interest?โ€™ But a lot of them understand something that the supposed elites do not: that regulatory climate, the one that allows for massive American dominance in technology, manufacturing, and productivity, is what makes America what it is. There are Americans who fundamentally understand that allowing innovation to happen is good for them. They understand that rockets going into space will make their lives better, even if itโ€™s not directly. There are hungry people who would rather see a billion dollars go toward that than a food stamp program that would put extra food in their pantry. I donโ€™t think you see that much in other countries.โ€ Weโ€™re not far off from reaching a global oligopolistic type universe โ€ฆ where the two dominant powers control all essential outputs and everyone else is essentially renting space. Nations, countries, continents, all moving away from meaningful productivity growth, and becoming far too reliant on outdated economic metrics. Aggregate growth should be dependent on real output and not solely on fiscal spending and labor participation rates. We live in a world of slowing birth rates.
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Palmer Luckey warns Europe will have a much tougher time adapting to the AI and automation revolution: โ€œI think the European Union is going to have a really tough time.โ€ ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ช๐Ÿ‡บ โ€œI think the European Union is going to have a really tough time. Itโ€™s hard to imagine an economy so dominated by international politics and labor politics allowing automation to transform its manufacturing economy. The United States is one of the few countries with the talent, the people, the political will, and the acceptance at a societal level that something like this is good. There are a lot of people in America who like Star Trek. A lot of people buy into the idea of technology and abundance. The same cannot be said of any European nation.โ€ On the current trajectory, the European Union is in for an abrupt awakening. The recent pivot to increasing labor participation via immigration, instead of deregulation and technological innovation in order to push output and productivity higher is directly against something like automation. Itโ€™s this false prophecy of economic growth, that importing masses to participate in a slowing economy does not equate to producing meaningful output. Theyโ€™re in desperate need of a directional pivot towards productivity and technological gains.
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
A financial column published in South Korea now warns of memory oversupply in 2029, after new capacity comes online. They argue Korea has only 2-3 years to develop new growth industries before the cycle potentially reverses. $DRAM $MU $SKHY $EWY
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
Replying to @MarioNawfal
Once fuel is fixed, overall it s actually pretty reasonable.
JUST IN: Gasoline prices surged 9.1% in September, accounting for roughly half of the 0.6% monthly CPI increase. Meanwhile, several food categories saw prices decline, including dairy (-0.9%) and meat, poultry, fish and eggs (-0.5%).
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
A retired NASA engineer who had worked on the Space Shuttle program for 25 years was hired by SpaceX at age 62. He described the first week as the most disorienting experience of his professional life. At NASA, a design change required 3 meetings, 2 committees, a review board, and 6 to 18 months of documentation. At SpaceX, his new supervisor said "if it works, build it. If it doesn't, change it by Friday." He sat at his desk after the first day and called his wife. He told her he felt like a man who had been swimming with ankle weights for 25 years and someone just cut them off. He could move. He could decide. He could build something in the morning and test it in the afternoon. The constraint that he had accepted as the nature of aerospace engineering turned out to be the nature of bureaucracy. Within 6 months he had contributed to more design iterations than he had completed in his last 5 years at NASA. Not because he was working harder. Because the time between having an idea and testing the idea collapsed from months to hours. The same brain. The same knowledge. A different operating system. He described a specific moment where he proposed a modification to a Raptor engine component. At NASA, the proposal would have entered a queue. At SpaceX, the modification was machined by the end of the day and tested by the following morning. He watched his idea become a physical object in 18 hours. At NASA, 18 hours would not have been enough to schedule the first meeting to discuss whether to schedule a meeting. He told an interviewer: "I didn't get smarter when I went to SpaceX. I got faster. The intelligence was always there. The system was in the way." The difference between SpaceX and NASA is not talent. NASA has extraordinary talent. The difference is the time between a thought and a test. SpaceX compresses it. NASA elongates it. The same engineer produces 10x more at SpaceX than at NASA because the bottleneck was never the engineer. It was the meetings about the meetings about the work.
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Scott Bessent wishing Elizabeth Warren a happy Indigenous Peoples' Dayโ€ฆ Iโ€™m never deleting this app.
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
Weโ€™re releasing a broad range of new mathematical results produced by an internal frontier model. Weโ€™ve been consulting with the independent Advisory Group on Mathematics and Artificial Intelligence at the Institute for Advanced Study, and we have drawn on their advice and public recommendations to inform how we release these results. github.com/openai/math
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Anduril is building America's largest shipyard since WWII. This space needs bold investment and decisive action. In the 1790s, Baltimoore clippers were the fastest and most advanced sailing ships of their time. King George III didn't stand a chance. Time to run the same play.
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
BREAKING: Oil just dropped below $88, hitting its lowest level in 1 month.
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ‡ง๐Ÿ‡ท
๐Ÿšจ BREAKING: ๐Ÿ‡ง๐Ÿ‡ท Polymarket shows that Flavio Bolsonaro WILL WIN the first round!! The initial results of the vote count, which show a majority in favor of the conservative leader, have caused this to change drastically. Now, we wait... Source: Polymarket / Writer: Samuel
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
BREAKING: ๐Ÿ‡บ๐Ÿ‡ธ US ISM Manufacturing PMI came in at 54.5, while the expectation was 54.8. Economy is still in expansion phase.
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
ISM US Manufacturing Activity: 54.5 9 straight months of expansionโ€ฆ 2026 looking very different than 2022-2025.
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Donald in da house
NEWS U.S. manufacturing activity surging as PCE inflation drops below forecasts to 2.6%, core PCE falls to 3.0%, July revised downward across the board. Midwest manufacturing activity accelerated more than expected this month, jumping back into expansion territory to 58.8. Final 2Q GDP unexpectedly revised higher to 2.2%, Atlanta Fed GDPNow forecasts 5% U.S. growth for 3Q. The overall economy posting its fastest private-sector expansion in more than five years. Manufacturing PMI: 57.0, up sharply from 53.9 in August. That is the strongest manufacturing reading since 2022. Services PMI: 58.7, up from 56.5 in August โ€” the strongest services expansion in almost five years. S&P Global says employment also increased at the fastest pace in more than four years, as businesses responded to stronger demand. #news #BREAKING @x @ap @Reuters @FoxBusiness @EveningEdit @FoxNews @CBSNews @ABC @WSJ
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
Today, Carnegie Mellon University and Ken Griffin, founder and CEO of Citadel and founder of Griffin Catalyst, announced a historic $3 billion gift to elevate Carnegie Mellon in Pittsburgh and launch Carnegie Mellon University Miami. #CMUMiami Learn more: cmu.edu/news/stories/archiveโ€ฆ
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
In addition to nominal GDP being revised higher, inflation was revised lower; those revisions combined for a 0.7 percentage point jump in real (inflation-adjusted) GDP in Q2:
Final estimate for Q2 GDP is an upward revision to 2.2% (SAAR) as private consumer spending and investment were both revised higher, accounting for most of the increase from the prior estimate:
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305 ๐Ÿ’Ž ๐Ÿ‡บ๐Ÿ‡ธ retweeted
U.S. CORE PCE FALLS BELOW EVERY ANALYST FORECAST August core PCE came in at 3.0% YoY vs. 3.3% expected, below the entire range of 51 Bloomberg analyst forecasts (3.1%โ€“3.5%). The surprise was driven primarily by larger-than-expected downward revisions to previous months, rather than August alone. Monthly core inflation was also marginally softer at 0.247% vs. 0.27% expected.
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