punted $masco, looks like a first mover in ai security

seems like it has found a floor and its pretty overlooked

hoping for an opportunity here on a new subsector

r/r seems great at current levels for a small bag

btc trading similar to jan '24

think that wick was a good wipe, feels like a chop until closer to inaug then we'll see how things move

anyw, will only be back at desk proper next week onwards so for now im not checking markets much

probably the best thing to do rn

farm flipped vapor
hfun flipped purr

can't help but have certain expectations for farm now

QCP Asia Colour – 14 January 25

The global market has caught up with the recalibration of the Fed rate cut outlook. The 10Y yield surged to 4.8%, its highest since late 2023, with markets now pricing no rate cuts until October. Equities futures opened 1.5% lower, sending Bitcoin below $90k before a steady recovery to above $95k.

What’s Next?

Key PPI and CPI data are on the horizon. We think potential surprises could come on the upside, as markets begin to adjust to the reality of a prolonged higher-rate environment, with some even entertaining the possibility of a rate hike.

The momentum in rising yields could test financial market resilience. In crypto, cautious sentiment is evident in BTC options flows, with puts rolled below the key $90k support. Front-end vols and flies remain elevated, while the VIX stays high at 18.68 - suggesting volatility to persist through January.

Still, there’s hope for a catalyst. Reports suggest Trump may sign executive orders on day one, addressing “de-banking” and repealing a contentious crypto accounting policy, which could provide a boost to the market.

*US DEC. PRODUCER PRICES RISE 0.2% M/M; EST. +0.3%

*US DEC. PRODUCER PRICES RISE 3.3% Y/Y; EST. +3.4%

*US DEC. CORE PPI UNCHANGED M/M; EST. +0.3%

*US DEC. CORE PPI RISES 3.5% Y/Y; EST. +3.8%
(@WalterBloomberg)

reduced my book, because i feel like i run better w a smaller book

also feel like i need to spend some time to familiarise myself with the intermediate steps before moving to the advanced levels

gotta grow my glass

largely because i feel a lot of real world absolute value of the numbers

an old article i wrote on what i'm talking about:
https://medium.com/@dpycm/the-glass-of-wealth-1140df3a8057

currently striving for A, not B

though one can argue that B can be a LTF A

works like a charm

US GOVERNMENT SAYS 120,000 BITCOIN STOLEN IN 2016 HACK SHOULD BE RETURNED TO BITFINEX: FILING

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