To The Moon

A year after being shaken awake by an ultra-aggressive Federal Reserve, the stock market has gone back to sleep. Analysts trying to explain how it happened say dynamics in derivatives trading may be playing a role.While cooling inflation and better-than-feared earnings have helped promote calm in a market less vulnerable to valuation shocks after last year’s declines, fresh research is being published almost daily into how newly popular varieties of stock options act as forces for and against equity volatility.The latest to weigh in are strategists at JPMorgan Chase & Co., who argue that the interplay of zero-day stock options — fast-expiring contracts whose use exploded in the last year — and more conventional longer-dated ones is combining to dampen big and decisive moves in the broa

Welcome to this week's Thursday Special! The Big Short: Michael Burry tweeted "Sell EVERYTHING" in 2022. Michael Burry just sold all his stocks and the reason why is terrifying - YouTubeAnd he said "Sell" at the end of January this year. It seems he only sells at the correct time once. [LOL]Will Stocks Fall? Michael Burry Says 'Sell' in Ominous Tweet Ahead of Fed - BloombergSo, today’s topic is “What is the next big short?”You may find some clues from earnings, the "black swan," any data that exceeds expectations or deviates from the norm. Please share your opinions with evidence in the comments.For example, some people believe it is a cryptocurrency, while others think it is commercial real estate. What are your thoughts?Tips:Everyone who shares&nbs

Under SEC regulations, fund managers with assets under management exceeding $100 million are required to file a document known as "Form 13F" within 45 days of each quarter's end, disclosing their holdings in stocks and bonds.Recently, major institutions have released their position data. Based on the 13F holdings data, do you know which stocks the institutions purchased in Q1?The following chart presents the top 20 holdings of institutional investors:Ticker# Shareholding institutions#Institutions QoQ (%)Market value of institutional holdings ($M) $Microsoft(MSFT)$ 3,8000.81,009,842.09 $Apple(AAPL)$ 3,7190.46978,148.19 $Amazon.com(AMZN)$ 3,328-0.3424,312.75