“The individual incentive not to commit crime on Wall Street now is almost zero.” -Matt Taibbi

Happy Wednesday! *Here Are My #Top5ThingsToKnowToday: - Pelosi Departs Taiwan - Stocks Set For Higher Open - $MRNA $CVS $EBAY $FTNT Earnings - U.S. ISM Services PMI - Fed Rate Hike Bets Rise *May The Trading Gods Be With You 🙏 $DIA $SPY $QQQ $IWM $VIX

SUMMER GASOLINE DEMAND IN US DROPS BELOW PANDEMIC LEVELS, GASOLINE FUTURES PLUNGED WEDNESDAY ON DEMAND DECLINE: BBG

The US has an effective veto on Russian targets hit by HIMARS artillery, a Ukrainian general suggested. | Business Insider SA🇿🇦 businessinsider.co.za/himars-us-has-…

FED'S KASHKARI: BIG BANKS IN US NEED MORE CAPITAL MORE CAPITAL FOR US BANKS LIKELY NEEDS ACT OF CONGRESS FED COULD ACTIVATE COUNTER-CYCLICAL BUFFER FOR BANKS `HIGH TIME' FED USES ITS TOOL TO ITS FULL POTENTIAL STRESS TESTS ARE ALSO A VERY IMPORTANT TOOL

$META selling $10B in its debut corporate bond deal

The NASDAQ 100 $QQQ closed 20% off its recent lows

*APPLE EXTENDS WEEKLY WINNING STREAK TO SIX WITH 4.1% ADVANCE $AAPL

“The stock market is designed to transfer money from the active to the patient.” - Warren Buffett

More than 475k $TSLA option contracts traded already, 64% call 36% put

Worst performing large cap stocks from this past week Sea Limited $SE -23.7% Unity $U -18.5% Coinbase $COIN -18.2% $SQM -17.1% Roblox $RBLX -16.6% Shopify $SHOP -16.1% DoorDash $DASH -16% $MELI -15.9% Block $SQ -15.5% Moderna $MRNA -14.7% Chewy $CHWY -14.4% Palantir $PLTR -14.1%

*ALIBABA FALLS AS MUCH AS 8.3% IN HK AMID BROAD CHINA SELLOFF $BABA

Hundreds of people took to the streets in Beijing and Shanghai on Sunday to protest against China's zero-Covid policy in a rare outpouring of public anger against the state. | News24 Sport news24.com/news24/world/n…

*AMAZON BECOMES THE WORLD’S FIRST PUBLIC COMPANY TO LOSE OVER $1 TRILLION DOLLARS IN MARKET VALUE *AMAZON MARKET CAP SHRINKS TO $867 BILLION FROM $1.88 TRILLION $AMZN

Most traders think trading is rocket science. It is actually edge + probability + risk management.

China produces 13 million ton of coal per day. South Africa produces 650 000 ton of coal per day. China has 1 118 coal fired power stations. South Africa has 15 coal fired power stations. South Africa is encouraged/incentivised/forced to invest in renewable energy where solar

Excited to be on the businessinsiderng and Tribe Capital Group list of leading global Seed investor for a third year in a row. I'm extremely thankful to our portfolio founders, Recursive Ventures Advisors, and LPs who support our journey businessinsider.com/100-best-early…

Chinese Property Stocks fall to lowest prices in more than a decade

Our bullish stance on tech is unchanged despite market fears. Our view of tech stocks is that the transformational growth around AI, cloud, cyber security, and rebound of digital ad dollars will create a springboard of growth into 2024. Macro/10 year worries-we see thru the fog.

The S&P 500 is headed for a new all-time high in 2024 as the Fed pivots and stocks enter a Goldilocks no-recession scenario, JPMorgan wealth strategist says