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Continue reading →: Short UnitedHealthCare (UNH): not all news is good news
This post is not a political statement on the function of healthcare in America. There’s no underlying thesis to my argument that goes against a pure capitalist function. When Brian Thompson died a few days ago, there was a nationwide protest. It was an interesting scenario, one that doesn’t really…
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Continue reading →: Electricity trading 101: What is electricity trading and why does it exist (day-ahead only)
One of my main job functions is to trade electricity. Now, the simple question is… what is that? There’s a lot that goes into that answer, but roughly speaking, electricity trading is the art of guessing supply versus demand. There are many different markets and market types, but I participate…
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Continue reading →: Selling Trump Media (NASDAQ:DJT) is a good, non-political play
I understand the optics of discussing anything political just weeks before an election can be toxic. Donald Trump’s influence on his stock, DJT, makes it a compelling trade in either direction. If you’re bullish on Republicans, you’re likely bullish on DJT. If you’re bearish on Republicans, you’re likely bearish on…
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Continue reading →: The Union paradox: sanctioned inefficient monopolies
I should begin this article by stating that I’m not anti-union. I believe unions, like any structure that manages a large group of individuals, have both benefits and drawbacks. Today marks the last day of Q3 2024, and dockworkers across the United States are considering going on strike. Starting tomorrow,…
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Continue reading →: Crowdstrike will report earnings today. It’s likely to be a positive surprise
CrowdStrike has had a rough few weeks. About a month ago, they released a stupid software update, causing the world to come to a standstill for a few hours. After costing their customers hundreds of millions, if not billions, of dollars, they’re set to report earnings today, August 28th, 2024.…
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Continue reading →: Covered calls in CHWY: a short term gold mine
As we kick off Q3 2024, the financial markets are abuzz with the latest moves by Keith Gill, the investor famous for his role in the GameStop saga. Today, Gill made headlines again by exiting his position in GameStop and shifting his focus to Chewy, the online pet supplies retailer…
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Continue reading →: Why is Snowflake (NYSE:SNOW) melting?
My theory is that someone big is liquidating So, Snowflake had a data breach. Well, they probably had a data breach well before we heard about it, but on June 7th, 2024, they finally reported it. That’s when the news really started to buzz about the whole Snowflake breach fiasco.…
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