Wild waves may rise, a steady heart defies
Miami
Joined March 2023
- Tweets93
- Following192
- Followers60
- Likes62
Urban Echo retweeted
A busy schedule can make it easy to put health at the bottom of the list. I've been trying to change that by making time for regular meals, movement, and proper rest. None of it is complicated, but consistency makes a difference.
Urban Echo retweeted
BREAKING: Michael Saylor's $STRC just hit $99.84, its highest level since May 2026.
On June 26, STRC fell to $71.25, about 25% below its $100 par value in July.
It is now up 40% from that low.
Here is what Strategy did in between:
• Bought back more than $1.1B of STRC since late June.
• Built its USD reserve to $4.88B
• Held the dividend at 12% for a fourth straight month
Strategy is also buying Bitcoin again, with 584 BTC bought in October.
At $100, it can sell new STRC shares to fund bigger buys.
Urban Echo retweeted
JUST IN: 🇺🇸 US mortgage rates surge to 7.4% after rising for 7 straight weeks, the longest streak in 3 years.
Urban Echo retweeted
BREAKING: Brent crude oil prices surge above $107/barrel after Ukraine's President Zelensky accuses Russia of striking 6 Ukranian energy facilities today.
Iran also said a third crude oil supertanker has been hit and caught fire in the Strait of Hormuz today.
Urban Echo retweeted
US home sellers are now estimated to outnumber homebuyers by over 560k (58%), the largest gap on record with data going back to 2013.
Urban Echo retweeted
Pending home sales in the US have moved down to their lowest level since April 2020, a month where much of US economy was shut down. The housing market is essentially frozen.
Urban Echo retweeted
Evidence of how leveraged the entire tech sector is to OpenAI & Anthropic: an FT story about OpenAI's revenue's being less than initially reported is spurring a more than 5% drop in Oracle shares, exacerbating losses from Nvidia and AMD to Microsoft ft.com/content/b66a9858-f8fb….
Urban Echo retweeted
The S&P 500 is up about 14% this year.
Its top stocks are up several hundred percent:
Sandisk: +578%
Moderna: +568%
Dell: +361%
Micron: +263%
Marvell: +224%
Urban Echo retweeted
🔥BULLISH: Bitcoin's bear market COULD already be OVER, per this Glassnode chart.
BTC's MVRV momentum has turned POSITIVE, flashing the same recovery signal seen in 2019 and 2023.
The MVRV ratio now stands at 1.54, above its annual average of 1.44, suggesting bullish momentum is returning.
Urban Echo retweeted
BREAKING: 84% of S&P 500 stocks are now trading at least -10% below their all-time highs.
Real Estate leads the drawdown, with 97% of stocks down at least -10%, followed by Materials at 96%, Utilities at 94%, and Consumer Discretionary at 92%.
By comparison, Energy has held up relatively better, with 62% of stocks more than -10% below their all-time highs, followed by Healthcare at 70% and Information Technology at 72%.
Furthermore, 59% of S&P 500 stocks are down at least -20% from their highs, 41% are down more than -30%, and 17% are down more than -50%.
Meanwhile, the S&P 500 is just 0.2% from its all-time high set on Tuesday.
A few names are carrying the entire stock market.
Urban Echo retweeted
BREAKING: Goldman Sachs says about $22 of the price of every barrel of oil is now fear that supply will get cut off.
That is the second highest on record, after April 2026.
Global oil stocks are near all time lows in Goldman's data since 2017, and Brent is still above $100 even as Persian Gulf oil exports recover.
Urban Echo retweeted
BREAKING 🚨: Housing Market
The largest mortgage lender in the United States, United Wholesale Mortgage, just fell to its lowest closing price in history and is on track for its 9th consecutive red month, its longest losing streak in history 📉 👀 😱
Urban Echo retweeted
🇺🇸 BIG WEEK: One inflation report could sway the Fed's SECOND rate hike in two months.
The Fed hiked in September for the first time since 2023, and Wednesday brings the last CPI report before its October 28 decision.
As of October 9, traders priced about a 19% chance of an October hike, per CME FedWatch.
Here's the week ahead (ET):
Monday: US cash bond market closed for Columbus Day
Wednesday: September CPI
Thursday: PPI, retail sales and jobless claims
Thursday, 11:30 PM: Fed Chair Kevin Warsh speaks with IMF chief Kristalina Georgieva
