there is no better equity appreciation than leveraging yourself.
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there is a unique calm that comes from the feeling that you are perfectly sized in a beautiful confluence of investments.
have had nice success selling covered calls on $mstr with every push up - selling at 50% gain on pullbacks…
delta < 0.2
this is actually bullish for the US…
China has been quietly dumping U.S. debt.
Its holdings of U.S. Treasuries have fallen by more than half, from a record $1.32 trillion in 2013 to $618 billion in July, the lowest level since 2008.
The selling has been steady:
2022: -$173 billion
2023: -$51 billion
2024: -$57 billion
2026 so far: -$76 billion
China has fallen to the 3rd-largest foreign holder of U.S. debt, behind Japan and the UK.
are you ready to play a game?
America appears in a homebuyer recession.
Mortgage purchase applications are down 60% from their pandemic peak, per Redfin.
Demand is now back near 1995 levels, lower than at any point during the 2008–2012 housing crash.
It comes as mortgage rates sit above 7%, pending home sales hover near record lows, and a record 14% of September deals were canceled.







