X (aka Twitter) down today. Apparently due to Cloudflare outage impacting lots of web services. Internet is increasingly going down. Not a good look! Bsky might get a few more eyeballs today? 😂

The US is screwed. With an idiot like this in charge expect really bad outcomes. He will probably be fired at some point in the next few years but by then the damage will be done.

Agree 100%. Yet MSM/BBC are full of other nonsense today. 🤦‍♂️

There was a certain inevitability about this..

Hate to say it, but this latest parabolic move in the US Gold ETF $GLD looks a bit "sus" to my eye. The price action and volume looks a lot like panic buying.

Sentiment likely to do a 180 degree flip on this news if true. Intra-day US price moves maybe suggesting this. How long it will last? 🤷‍♂️

This is still true after 23 more days. Still the only game in town. A great week for gold and gold stocks. Just a bit worried that if the US stock market sell off becomes disorderly that liquidation of all assets could become a thing.

Still no reason to change my hypothesis after 2 months have elapsed. If anything it has been strengthened.

Every clever school yard bully knows that you gain bullying friends (the gang) before you bully the victim. In this case Trump is trying to bully everyone simultaneously (with tariffs). Probability of success is now low, because everyone else is the victim.

The gold trade (the metal and the miners) has been fantastic for the last 12 months, and continues to march on to new highs. Just getting a little concerned it is the only game in town right now. 🤔

Love him or loath him Trump will get his way with tariffs. OS manufacturing companies that have important US sales will have to build factories on US soil to survive. A net export of jobs to the US from the RoW. A net cost to the RoW. You can either go down the reciprocal route or bow down.

UK market £ volume (FTSE350) massive today on OPEX second time in a month its been a ⛰️

$MAGS have been consolidating (bear flag?) for last 8 days below the 200-day SMA. Was expecting a bounce to VWAP but it has yet to happen. Again the chart is looking very heavy here. Not many good things happen below the 200d SMA.

What I like about Bluesky is the opinions you read here are completely different from those (promoted?) on X. Watching both shows how much actual manipulation of news narratives goes on. Whatever you think about Musk his ability to manipulate the news on his platform is both impressive and scary.

X has been out all day for me after being out on & off yesterday. Been quite relaxing! 🙂 Elon 👈 your fired!

Since 2021 the #Yen Carry Trade has been one of the principle drivers of the outperformance of the US stock market. It looks like that is coming to the end. The BoJ is now raising as the FED starts to go the other way. The unwinding of this trade alone could put massive pressure on US equities.

Yeah we get this in a lot of EM countries... but their main equity indicies don't usually trade at 24x p/e, they trade at single digits p/e's.

Came across this article dated May 2022 about Musk's takeover of Twitter. Did not read at the time. But 🚨🚨🚨 even then. slate.com/technology/2...

One thing I have learned about sentiment over the years of is that it behaves as an oscillator. Quickly going from bullish to bearish and back. It does not trend (like a stock price might). It might be useful for short term traders, but it is useless if you have a longer term perspective.

$TSLA car sales taking a beating (in EU in particular). Wonder how many people will have closed their Amazon account $AZMN by this time next year? 🤔

tip: if you take an x.com url and change it to xcancel.com - leaving everything after the slash intact - you can read threads logged out.

That’s this letter in the London Review of Books in 2013. www.lrb.co.uk/the-paper/v3...

A little bit of fear out there in US risk assets today. $MAGS stepping off the ledge, and $BTC looking a bit green around the gills.

@petertl.bsky.social really excellent and absorbing podcast. A must listen for all UK macro investors podcasts.apple.com/gb/podcast/t...

$MAGS Mag-7 ETF holding for now. Heavy volume coming in (looks like distribution). VWAP from Aug lows, Trump election & Dec FOMC meeting. Looks weak to me.

AI and the Mag 7: What will be the ROI on AI spend? Verdad's Daniel Rasmussen makes some excellent points in an article about the Mag-7. Here is DeepSeek's summary in bullet points. 😂 1/2

This is my working hypothesis on Trump & Elon as well. Elections are not part of his agenda. He is looking to dismantle the apparatus of the state and judiciary as a first step. You don't need to be Einstein to work out what comes after that!

Been quietly liquidating my US equity exposure last few weeks. Largely tackers of $SPY and $QQQ. We could go higher yet. But I think the risks are rising & risk-off often happens fast. Better risk & value opportunities in RoW.

Someone has got to say it but DOGE is effectively Trump's new Gestapo. We should all be very afraid.

Leeds becomes first Russell Group university to quit X but will stay on other platforms like Bluesky. www.researchprofessionalnews.com/rr-news-uk-u...

Big test of the FED's independence ahead. Trump will try to pump US risk assets. Will the FED show any backbone?

Old song from my youth. Seems particularly appropriate today. www.youtube.com/watch?v=ndP3...

Makes you wonder what happens to new & second hand $TSLA car prices going forward?

Ian Hislop bang on the money here about Elon Musk www.youtube.com/watch?v=diHc...

Review of 2024

Things you can't say on X anymore. 😂

Surprisingly (for me) there was not a great deal of difference whether as a UK investor you held either a Nasdaq100 or a S&P500 tracker for the year either GBP hedged or unhedged. Nasdaq was much more volatile.

Don't worry Jay a US strategic bitcoin reserve will sort it! 👊

Is Pep Guardiola doing a Marcelo Bielsa here? Showing a certain doggedness not to change things - whilst fielding a weakened side.

Slightly depressing Stockopedia webinar. Agree with overall picture though. Domestic cos. (partic retail) grappling with NI & min wage costs. Exporters waiting for news on Trump tariffs (high level of uncertainty). Ops may be in cos. with OS (partic US) operations.

Listened to a barrage of "you never need to own bonds again", and "60/40 is dead, its ancient history, just buy stonks & crypto" for the last year on US "guru" fintwit. 🙈

FTSE AIM All-share (#AXX.L) vs. FTSE 250 (#MCX.L). Still no bid for risky assets (i.e. AIM stocks) since summer of 2021. Remains a stock pickers market in UK for last 3 years. No wonder the place is quiet! 😂

am no expert, but don't think a draft function yet available in the app ? however, there's a very useful Tweetdeck equivalent called deck.blue, which I think does allow it. worth using on desktop anyway. also, it's creator is on here and very helpful for direct questions:

The same person as A1Mhigh@A1Mhigh on X/Twitter. Interested in investing, trading, finance. In particularly UK stocks.