Michael Castaldo (@mikeycastaldo) 's Twitter Profile
Michael Castaldo

@mikeycastaldo

Solving problems through an entrepreneurial lens. Do not go where the path may lead, go instead where there is no path and leave a trail. English / Spanish

ID: 191042344

calendar_today15-09-2010 13:38:26

2,2K Tweet

553 Followers

1,1K Following

Michael Castaldo (@mikeycastaldo) 's Twitter Profile Photo

For those who haven't seen: Peer reviewed paper was recently published showing how Bitcoin mining is beneficial for reducing methane emissions in an economically viable way. Awesome stuff! Dennis Porter Murray Rudd Daniel Batten Full paper: sciencedirect.com/science/articl… Full Paper

ESPN (@espn) 's Twitter Profile Photo

ARKANSAS PULLS OFF THE UPSET IN FAYETTEVILLE 😱 The Razorbacks get their first AP Top-5 win at home for the first time since 1999 🔥

ARKANSAS PULLS OFF THE UPSET IN FAYETTEVILLE 😱 

The Razorbacks get their first AP Top-5 win at home for the first time since 1999 🔥
Michael Castaldo (@mikeycastaldo) 's Twitter Profile Photo

Anyone buying puts as a hedge in case CLSK shits the bed tomorrow (or price is manipulated). Expecting good earnings, but 🤷‍♂️

Michael Castaldo (@mikeycastaldo) 's Twitter Profile Photo

Here’s a simple qualitative thesis (without referencing specific data): 1) Reverse Repo is effectively at zero. If you’re not familiar, RRP is a mechanism for the Fed to absorb to excess liquidity (deposits) from the system. Now that this liquidity has essentially been drained,

Michael Castaldo (@mikeycastaldo) 's Twitter Profile Photo

Price action today suggests retail is tapped out - there is very little volume. With shorts not being allowed to sell due to 10% rule yesterday, I wouldn’t be surprised to see more weakness in miners tomorrow and Friday. These stocks are in the hands of institutions now and won’t

Michael Castaldo (@mikeycastaldo) 's Twitter Profile Photo

So let me get this straight. The median historical PE of SPY is ~18 and the current FWD PE (per Google assistant) of the Mag6 is as follows: -AMZN: 29x -AAPL: 30x -GOOG: 19x -META: 25x -NVDA: 24x -MSFT: 30x Sure some stocks have come back to earth, but things in general really