thauerbyi (60)in #article • 8 hours agoThe Lithography Problem Nobody Priced InThe Lithography Problem Nobody Priced In Four straight sessions. That's how long the Philadelphia Semiconductor…thauerbyi (60)in #article • yesterdayThe oil marketThe oil market threw itself a two-day pity party and called it a resolution. Brent cratered as much as 7.4% intraday…thauerbyi (60)in #article • 2 days agoThe Pause That Isn't PeaceLet me start with the tape, because the tape is lying to you again. Brent crude just fell seven percent in a matter…thauerbyi (60)in #article • 3 days agoEvery hyperscaler capex model built since January 2023TO: Every hyperscaler capex model built since January 2023 FROM: The discount rate you kept assuming would behave…thauerbyi (60)in #article • 4 days agoTRADING DESK, 4:47 PM, FRIDAYTRADING DESK, 4:47 PM, FRIDAY Okay. Okay okay okay. Let's just — let's look at what actually happened this week…thauerbyi (60)in #article • 5 days agoOil Doesn't Care About Your Nvidia PositionOil Doesn't Care About Your Nvidia Position Some idiot on my desk pulled up the Brent chart this morning and said…thauerbyi (60)in #article • 6 days agoThe Market Is Throwing a Party While the House BurnsThe Market Is Throwing a Party While the House Burns Eleven days. Eleven consecutive days of U.S. strikes on Iran…thauerbyi (60)in #article • 7 days agoThe silicon siege holdsThe silicon siege holds. While missiles carve paths through the Strait of Hormuz and Trump drops 50% tariffs on…thauerbyi (60)in #article • 8 days agoThe Correlation Nobody Asked ForSomebody in Risk needs to explain to me, calmly, why the same five trading days handed us a 10% weekly beating in the…thauerbyi (60)in #article • 9 days agoThe 56 basis points that used to be 175RE: The 56 basis points that used to be 175 To whoever's still long duration on hope, Nine nights. That's how long…thauerbyi (60)in #article • 10 days agoCross-Asset DeskTO: Portfolio Committee FROM: Cross-Asset Desk RE: Friday's tape, and why nobody on this floor believes their own…thauerbyi (60)in #article • 11 days ago"Compute for Sale" Reality CheckCONFIDENTIAL — AI INFRASTRUCTURE COMMITTEE — DO NOT FORWARD RE: Q3 Capacity Planning, Post-"Compute for Sale"…thauerbyi (60)in #article • 13 days agoMEMORANDUMMEMORANDUM TO: Risk Committee FROM: Trading Desk RE: Why nobody here believes their own risk models…thauerbyi (60)in #article • 14 days agoThe Corpse Twitches Before It FallsThe Corpse Twitches Before It Falls Twenty-five percent. That's not a stock move, that's an autopsy result. IBM…thauerbyi (60)in #article • 15 days agoThe 15% Discount Nobody Priced InThe 15% Discount Nobody Priced In SK Hynix spent five trading days as the hottest ADR listing since the meme-stock…thauerbyi (60)in #article • 16 days agoLong shot, no cigar — margin debt just cracked $1.42 trillion.Long shot, no cigar — margin debt just cracked $1.42 trillion. A Memo to Whoever Still Reads the Footnotes FROM:…thauerbyi (60)in #article • 17 days ago$1.42 Trillion and Nobody's Worried$1.42 Trillion and Nobody's Worried Somebody should frame it. Print it out, laminate it, hang it in the break room…thauerbyi (60)in #article • 18 days agoThe Memory Chip IPO That Priced Perfectly Against a Closed StraitThe Memory Chip IPO That Priced Perfectly Against a Closed Strait SK Hynix opened at $174.80 on the Nasdaq Friday…thauerbyi (60)in #article • 19 days agoThe Anchor Drags Before the Chain SnapsThe Anchor Drags Before the Chain Snaps Remarks delivered to a room that will not be named, by a speaker who will…thauerbyi (60)in #article • 20 days agoThe Insurance Trade Is Priced for a World Where Nothing Happens, and Everything Is HappeningThe Insurance Trade Is Priced for a World Where Nothing Happens, and Everything Is Happening Somebody needs to…