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Majors

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Oct 7, 2020
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Fox or Fox Business busted Cramer big time. It might have been Tucker Carlson’s show on 3/10. Cramer was promoting Silicon Valley Bank to his sheep a month ago. It failed on Friday. It is estimated that 85% of their deposits weren’t FDIC insured. The second largest U.S. bank failure EVER.
Cramer having a bad year….apologized and cried about being wrong on Meta and now SVB.
 

Thunder Good-Oil

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Dec 2, 2011
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Sold some 3/17 BX $87 PUTS.

BX: $85.45 (down 6.6%)
This trade has been a wild ride. It was WAY ITM for about a week. I thought about buying to close the contracts at 75% off my short basis but decided to hang on.

I don’t mind owning more shares of BX if it moves against me in the last couple of sessions. Basically I now have the equivalent of a limit order to buy some shares. Blackstone has really smart management. They aren’t too big to where they struggle to find opportunities. They are big risk takers though.
 

Go aeiou

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May 27, 2015
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Some CDs now outperforming T-bills

View attachment 541336
What website are you looking at? I'm looking at brokered CDs at Vanguard.

Aren't they almost alway outperforming Treasuries?
I was surprised to see that 5.4% was still available after the SVB news Monday.
Yeild is .1% less today.

The following order executed on 03/15/2023 at 1:40 PM, Eastern time:
Account ending in:
Transaction type: Buy
Security: CHARLES SCHWAB BANK CD FDIC #57450 5.4% 09/23/24 03/17/23
Product type: Certificates Of Deposit
Face value: $20,000.00
Price:* $100.00
 
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