2013.02.04 06:37 JeffreyMizrahi The official subreddit of the Abraham Joshua Heschel high school
2023.06.02 23:03 _Triple_ [STORE] 900+ KNIVES/GLOVES/SKINS, 50.000$+ INVENTORY. M9 Fade, M4 Poseidon, BFK Freehand, Crimson Kimono, Nomad Fade, Skeleton, Kara Lore, Bayo Autotronic, AWP Fade, Kara Damas, BFK Ultra, Kara Freehand, Kara Bright, M9 Damas, Omega, Tiger Strike, Flip MF, Bayo Tiger, Deagle Blaze, Talon & More
2023.06.02 23:01 Time_Restaurant9177 Greybeard Cannabis - Diamonds & Sauce - 🍍Pineapple Mimosa 🍾 - Terps %: 10.071%
![]() | I have tried a lot of different types of Greybeard diamonds and sauce. I’ve tried the True sour, the AFD, the FPOG and Critical Innerspace. I’ve bought them several times as well. Just from the first dab this became my absolute favourite. I didn’t need to fight to get the lid off, the smell and taste of pineapples and citrus is coming through so well! The ratio between diamonds and sauce is good (bit heavy on the sauce). submitted by Time_Restaurant9177 to TheOCS [link] [comments] I am smoking this out of a Peak pro w/ 3d chamber + ball cap @ 495f for 1:15 💨Smoothness: 8/10: Coughed slightly on 495, little harsh, not the smoothest dab I’ve taken. 🛫High 7.5/10: This smacks well for diamonds, I have Wagner diamonds that feel like they smack harder then these. But the high is solid none to less personally. 👅Taste/Smell: 10/10: This is where this product shines, all the other diamonds I’ve tried from greybeard have all had solid smells but this jar is overpowering. It feels like the terps are far more present then any other products I’ve tried from them THC%: 72.73% Terps%: 10.071% LOT 0223060 Packaged: 2023 APR 03 NOTE All other Greybeard products I’ve tried has had some form of seal issue, this has probably affected the terps on a lot of the other products I’ve had from them. This product however seemed to fix the issues, I didn’t need to jimmy some tool into the bottom of the cap to get it off and the seal seem to be fully on as well. It looks like Greybeard fixing some of its packaging issues can really bring out the potential on these bad boys. I need to buy more of these and their newer batches to properly asses. |
2023.06.02 23:01 VegasIsMyBitch Bonus Play #1 - Miluwaukee Brewers First 5 Innings (betting to win 0.5u)
![]() | I only had alternative line for f3 submitted by VegasIsMyBitch to sportsbetting [link] [comments] |
2023.06.02 22:57 vdoartur [Store] 200 knifes / gloves and a lot skins M9 Emerald MW, ST Bayo Emerald FN, Stiletto Ruby FN, BFK Lore MW, BFK Fade FN, Flip Black Pearl 0.01 FL, ST Ursus Ruby FN, Kara Fade FN, BFK Gamma P2, Amphibious MW, M9 Fade FN, M9 Gamma P2, Hedge Maze WW, Crimson Kimono FT, and a lot other knifes/gloves
2023.06.02 22:54 OregonTripleBeam On the back of this Uncle Cliffy card it lists that he had the longest consecutive games played streak in franchise history. Does anyone know what the official record is now?
![]() | submitted by OregonTripleBeam to ripcity [link] [comments] |
2023.06.02 22:53 spicykitty93 OH PLEASE
![]() | submitted by spicykitty93 to birdspapayasarah [link] [comments] |
2023.06.02 22:51 DaddyDersch The VIX just had its lowest close since Pre-Covid … 6-2-23 SPY/ ES futures, QQQ and VIX Daily Market Analysis
![]() | I said this a few weeks ago and it remains true today… “It is far too early to short this market, but at this point it feels far too late to go long on this market too…” What does that mean? IT means while yes I do think at this rate the VIX could see 12-13 and SPY could see 430-440… at this point counting on this rally to continue feels like pure FOMO, however, counting on this rally to come to a dramatic end feels like straight YOLO… submitted by DaddyDersch to Daytrading [link] [comments] Another thing here is that while I do think the upside is the ease of momentum right now… the odds we wake up to a bank collapsing or some other black swan event seemingly is increasing as time goes on… this honestly is the worst place the markets could be right now… The question I hate to be asking myself once again is “What is going to stop this rally?” I feel like for months now we get to these “ideal scenarios” that will finally put the market in its place and take it down etc. etc. and then the market just barely makes it by everytime… The way this thing is shaping up is that this truly is going to be a “this time is different” market recovery from bear market to bull market… OR we are just setting ourselves up for one of the biggest and most unexpected crashes this market has seen… To Pause or Not to Pause https://preview.redd.it/1unexyqj3o3b1.png?width=975&format=png&auto=webp&s=681b5f0f8b66ab06dd93cafcce4b6af4abd8572e What is the one thing the fed wants but wont directly say they want? That would be higher unemployment rate… this mornings 3.7% UE is the highest reading since December 2022. However, since March 2022 (over a year now) we have NOT gotten a single UE reading over 3.7%.... it seems that the UE hits that level (4 times now over the last 1+ year) and then immediately retraces… With the highest UE you would have expected the odds of a pause in June to nearly hit 80-90%... however, we are actually seeing a slight pullback here on the odds and now are looking only at a 70.1% chance of a pause in June… However, of course market is rallying like a pause and rate cuts have already happened. Is TECH Topping out? https://preview.redd.it/d4c5ka7k3o3b1.png?width=963&format=png&auto=webp&s=28fbb5b7050458bfb8a9814bba6136e6e250ab64 In the screenshot above you will see the breadth of S&P500, NASDAQ and NYSE… what does this show? Well in simple terms this shows the buying/ selling pressure of the market… 0 is neutral… what is very interesting to me here is that this is now the second day in a row that the NASD has lagged SPY and NYSE in the buying pressure… what does that mean? Well it means that for the last two days this rally was not led by TECH like previously… This is very evident by the heatchart here (taken near EOD)… what does it show? IT shows outside of communication services (which BTW took a big hit due to the amazon news as a whole) that TECH was the WEAKEST member today… this is a big deal… now there are two possibilities here… Market is rotating out of tech and into more small/ mid caps and going risk on because they truly believe the upside is the only way…. However, on the hand this could show that big money finally is slowing down here… I wish I had a way to show you guys for sure but the data im seeing is that the last few days has been heavily retail driven and not big money driven… JPM COLLAR https://preview.redd.it/uscrr1sk3o3b1.png?width=975&format=png&auto=webp&s=683550b60e60ba4b5b8f5b25e3c8daa4bdaded7d Almost exactly two months ago we were post JPM collar roll and I mentioned the history of Futes hitting the sold call level of the collar (or within at least 100 pts of it)… very rarely do we completely pass it but it is possible… my timing assumed we would hit it the 7th week of the trend but it would appear that we are doing it at week 9… Now the true question is…. Will this pullback like it historically has after reaching the sold call level of the collar leading into the rotation of the collar (June 30th)? UNTRADABLE https://preview.redd.it/wknaoc9l3o3b1.png?width=975&format=png&auto=webp&s=6ecf180515546881d405b7a887f06b6fd17b152f I very rarely show a 15min intraday chart nor do I include it here but I think its worth it today… why? Well if you look at this chart today I would say that from 1030 until 1115am that was the ONLY time that SPY was easily tradeable today… the opening hour was extremely volatile and unforgiven… I attempted numerous times to catch plays on the way up and down and was not able to get in because SPX premiums were moving $2 in one second… just incredible movement… If you trusted the extreme momentum of 1030 to 1115am you made some money… From there honestly I can whole heartedly say that from 1115am until EOD it was nothing but bull and bear traps… I haven’t seen so many bear traps in one day… I have never ever seen so many technicals are one time pointing to a put play only for the market to continue to push higher… just absolutely incredible movement on the markets today… This was a clear trend day as evidence by not touching or closing under 20ema all day besides one fast wick during opening hour… however, this was one of the choppiest extreme momentum days ive seen in a while… Ive said it before 2022 was hard mode in the markets… 2023 is turning into expert mode in the markets. SPY DAILY SUPPLY AND DEMAND https://preview.redd.it/jny57url3o3b1.png?width=975&format=png&auto=webp&s=bc8912062a0d3c1c9f39a8b4cd1dcfdd22209196 From the daily supply and demand here we did not do anything new… we did attempt to touch 429.68 supply and id fall just short of it… this gap up has us sitting between 422.04 and 429.68 supply. We did however get a fake wave down (half wave) on the DMI and now the DMI is waving bullishly. SPY WEEKLY SUPPLY AND DEMAND https://preview.redd.it/m1om0q7m3o3b1.png?width=970&format=png&auto=webp&s=2663fdff9743142fd1633bd59b4c20ae1e04cb39 From a weekly stand point here we were attempting to make a new supply up until Thursday when we rallied. However, the two day pump has put us once again with no new supply and with a weekly DMI that is overbought and with a weekly chart in extreme bull momentum. With a closure over 427.35 weekly supply we honestly have a huge gap to our next major level which is 453.23. SPY DAILY PRICE ACTION https://preview.redd.it/q9fmkdnm3o3b1.png?width=975&format=png&auto=webp&s=dff3eb11b199a34ec613c287269041d50aa24996 I really zoomed out here on the daily so you can see exactly where some of these trend lines are at… we have officially broken upwards out of the red rising wedge that we have been trading in since the end of February… this now becomes a bull channel which is represented by the blue line… we are also in a shorter term black bull channel that we have been in since May 23rd. With a SPY daily closure at 427.92 this is the highest level that we have closed at since August 16th which was 429.7 and also was the top of the august rally and led us to our 52 week low sell off… SPY WEEKLY PRICE ACTION https://preview.redd.it/o6dk2q5n3o3b1.png?width=975&format=png&auto=webp&s=653e4327e6a19101f47140ca5bf4f29afc940866 On the weekly we have officially closed our highest WEEKLY candle since the week of April 11th… not only that but we did close over the August peaks high and we now are in this 427.3 to 453.3 trading channel (orange). The weekly has closed over the weekly 8ema for 10 times in a row… that has not happened since August to September of 2021… With a breakout through the black and orange resistance lines… our next target is either the blue bull channel which gives us resistance at 439.4 next week or the red/ blue rising wedge at 435.23. SPY WEEKLY LEVELS Supply- 416.08 -> 427.35 -> 453.23 Demand- 411.57 Support- 427.3 -> 421.9 -> 418.5 Resistance- 431.7 -> 436.9 FUTURES DAILY SUPPLY AND DEMAND https://preview.redd.it/4wzvpemn3o3b1.png?width=866&format=png&auto=webp&s=139488b18da9e5e3f63941e45046db770204cc48 Futures daily also has no change here… we are now targeting our next supply at 4311… DMI also now in a half wave down which means we are waving up bullishly.. FUTURES WEEKLY SUPPLY AND DEMAND https://preview.redd.it/4qrwws0o3o3b1.png?width=803&format=png&auto=webp&s=f6a94f5d2a38cc0a1d1c1e84e4f64027291173a3 On the weekly timeframe here we have now bounced off 4130 demand (after establishing it) and have pushed through 4193 and 4384 supplies… this means our next upside target is 4540… Weekly remains in a bullish DMI wave up and bullish extreme momentum… at this point it is absolutely silly to short this. FUTURES DAILY PRICE ACTION https://preview.redd.it/v65dngjo3o3b1.png?width=889&format=png&auto=webp&s=a58e328e2d88c300148d068a3a923116b8b6dc13 Since I showed such a far out chart on SPY I will show more zoomed in here on futes… we have broken through the red rising wedge which now makes this the red/ blue bull channel. We are also in a almost month long black bull channel. The resistance of this channel is 4357 and support is 4203 for Monday. FUTURES WEEKLY PRICE ACTION https://preview.redd.it/2m0f63xo3o3b1.png?width=797&format=png&auto=webp&s=0daef95d367c701168a8cea98ddaa972ed1a3c25 On the weekly timeframe here we have broken through the shorter term black and red rising wedges… which pretty much solidifies us in this blue bull channel since early march. Channel resistance is 4420 and support is 4168. Futures also is notching out just barely its highest close since April 2022. We are also coming in hot on these 4300 CC of the JPM collar and in two weeks will be at the 11th week post collar roll… With this closure over 4280 we officially are in the 4280 to 4540. FUTURES WEEKLY LEVELS Supply- 4193 -> 4284 -> 4540 Demand- 4130 Support- 4280 -> 4238 -> 4215 Resistance- 4238 -> 4392 QQQ DAILY SUPPLY AND DEMAND https://preview.redd.it/7qc0w0ep3o3b1.png?width=975&format=png&auto=webp&s=4fd1bca3fc1464aa93b5a06978077e7e2a0f2701 Interestingly enough here honestly QQQ daily looks very weak… weak enough that if you had the grit one could actually short QQQ over the weekend… however, we are in daily and weekly extreme bull momentum so you are severely fighting the trend which is why I do not recommend it… We are now sitting between 352.8 and 357.09 supplies… This doji candle could lead to a slight pullback and retrace to put in a new supply at 354.64 on Monday… support would be 347.93 if we did that… the DMI is still waving down and on Monday should complete that wave down… To the upside our target remains 357.09 and 361.7 QQQ WEEKLY SUPPLY AND DEMAND https://preview.redd.it/hr0ez5up3o3b1.png?width=875&format=png&auto=webp&s=2668702bd0d320d53cbb910a9fa7eaa1ef5b0a52 QQQ weekly is absolutely begging for a pullback with a weekly DMI and supply/ demand indicator about as overbought as it possibly can be… This candle could as a weekly hanging man lead to a retrace next week… If we did that we would definitely add a new supply at 354.85. Our target for a bounce would be the weekly 8ema… This also is QQQs highest weekly close since the week of April 4th 2022. If we continue this upside run next week we have a supply at 361.85 to watch and then from there we have a pretty big resistance level at 382.9-384.54 to keep an eye on. QQQ WEEKLY LEVELS Supply- 330.67 -> 361.85 Demand- 322.47 -> 382.9 -> 384.54 VIX https://preview.redd.it/sfi1947q3o3b1.png?width=975&format=png&auto=webp&s=28a7de277dc50c6c68970a1f5b6b0fa8693854de Yesterday I mentioned there was a high probability that we would get the VIX into the 14s… now I did not expect it to go as low as it did but absolutely incredible drop on the VIX… Here is some fun facts about just how low the VIX is right now… Today- LOD 14.42, Close 14.6 October 21st 2021- LOD 14.92, Close 15 June 29th 2021- LOD 14.1, Close 16.03 July 2nd 2021- LOD 14.25, Close 15.08 February 19th 2020- LOD 14.21, Close 14.38 This is the 3rd lowest level the VIX has hitting since Pre-COVID… this also is the lowest level that the VIX has closed at since Pre-COVID… At these levels… the VIX is saying “we are at pre-covid fear in the markets and we are at pre-covid bull market levels.” Just for correlation here… SPY closed at 338.34 on Feb 19th, 433.72 on July 2nd, 427.7 on June 29th and 453.59 on October 21st… On average that means of the 4 lowest VIX readings in the last almost 2.5 years… SPY has an average closing price of 413.33… however, as you can see in July and June SPY was at the 427.7 to 433.72 level which is nearly perfect correlation to where we closed today… WEEKLY TRADING LOG https://preview.redd.it/4iv24prq3o3b1.png?width=942&format=png&auto=webp&s=8e47e7916dc29bdddc209aba2bdc55627ace5edd Now today up until 130pm felt like an absolutely massive win mentally for me… I recognized the market and the trend… I recognized that the “perfect put opportunity” was actually the call entry in disguise… and I did really really good capitalizing on that and was up quite a bit… however, then came the 130 timeframe… It all went downhill getting stopped out attempting to play the support bounce with a call… and then from there I lost on two puts in a row on what looked like the worlds greatest put opportunities… the one I got absolutely massively stop loss hunted on and the other I got wrecked on… Honestly bless up for Mondays, Tuesday and Wednesdays in the market because I will fully admit without shame that Thursday and Fridays have been incredibly difficult for me to trade lately. Honestly from someone who is data driven and highly technical based in what I do… it appears that Monday, Tuesday and Wednesday has been extremely technical based and flows as one would expect both up and down.. however, we get to Thursday and Fridays and its like the market just throws everything out the window and does whatever it wants… highly frustrating… looking forward to the weekend to mentally reset and tackle this market again Monday! |
2023.06.02 22:51 ExpensivePractice164 This good for 190 cad?
submitted by ExpensivePractice164 to PcBuild [link] [comments]
2023.06.02 22:51 poopoopeepee2222 Disc weight
2023.06.02 22:49 DaddyDersch The VIX just had its lowest close since Pre-Covid … 6-2-23 SPY/ ES futures, QQQ and VIX Daily Market Analysis
![]() | I said this a few weeks ago and it remains true today… “It is far too early to short this market, but at this point it feels far too late to go long on this market too…” What does that mean? IT means while yes I do think at this rate the VIX could see 12-13 and SPY could see 430-440… at this point counting on this rally to continue feels like pure FOMO, however, counting on this rally to come to a dramatic end feels like straight YOLO… submitted by DaddyDersch to wallstreetbets [link] [comments] Another thing here is that while I do think the upside is the ease of momentum right now… the odds we wake up to a bank collapsing or some other black swan event seemingly is increasing as time goes on… this honestly is the worst place the markets could be right now… The question I hate to be asking myself once again is “What is going to stop this rally?” I feel like for months now we get to these “ideal scenarios” that will finally put the market in its place and take it down etc. etc. and then the market just barely makes it by everytime… The way this thing is shaping up is that this truly is going to be a “this time is different” market recovery from bear market to bull market… OR we are just setting ourselves up for one of the biggest and most unexpected crashes this market has seen… To Pause or Not to Pause https://preview.redd.it/8pc23o2a3o3b1.png?width=975&format=png&auto=webp&s=1bf9523e39051ebd9a8b621c440b8d08bd8fbc46 What is the one thing the fed wants but wont directly say they want? That would be higher unemployment rate… this mornings 3.7% UE is the highest reading since December 2022. However, since March 2022 (over a year now) we have NOT gotten a single UE reading over 3.7%.... it seems that the UE hits that level (4 times now over the last 1+ year) and then immediately retraces… With the highest UE you would have expected the odds of a pause in June to nearly hit 80-90%... however, we are actually seeing a slight pullback here on the odds and now are looking only at a 70.1% chance of a pause in June… However, of course market is rallying like a pause and rate cuts have already happened. Is TECH Topping out? https://preview.redd.it/kotbeuha3o3b1.png?width=963&format=png&auto=webp&s=347cdd066d29ebad2ad234377077e95e54e047d5 In the screenshot above you will see the breadth of S&P500, NASDAQ and NYSE… what does this show? Well in simple terms this shows the buying/ selling pressure of the market… 0 is neutral… what is very interesting to me here is that this is now the second day in a row that the NASD has lagged SPY and NYSE in the buying pressure… what does that mean? Well it means that for the last two days this rally was not led by TECH like previously… This is very evident by the heatchart here (taken near EOD)… what does it show? IT shows outside of communication services (which BTW took a big hit due to the amazon news as a whole) that TECH was the WEAKEST member today… this is a big deal… now there are two possibilities here… Market is rotating out of tech and into more small/ mid caps and going risk on because they truly believe the upside is the only way…. However, on the hand this could show that big money finally is slowing down here… I wish I had a way to show you guys for sure but the data im seeing is that the last few days has been heavily retail driven and not big money driven… JPM COLLAR https://preview.redd.it/2z45k2ya3o3b1.png?width=975&format=png&auto=webp&s=d9d5ede040f38c47ace66fe712dbc42cd878b003 Almost exactly two months ago we were post JPM collar roll and I mentioned the history of Futes hitting the sold call level of the collar (or within at least 100 pts of it)… very rarely do we completely pass it but it is possible… my timing assumed we would hit it the 7th week of the trend but it would appear that we are doing it at week 9… Now the true question is…. Will this pullback like it historically has after reaching the sold call level of the collar leading into the rotation of the collar (June 30th)? UNTRADABLE https://preview.redd.it/eyelivbb3o3b1.png?width=975&format=png&auto=webp&s=b9ae23411a9d133f6b67cd3c38d79c96b6e8fcd8 I very rarely show a 15min intraday chart nor do I include it here but I think its worth it today… why? Well if you look at this chart today I would say that from 1030 until 1115am that was the ONLY time that SPY was easily tradeable today… the opening hour was extremely volatile and unforgiven… I attempted numerous times to catch plays on the way up and down and was not able to get in because SPX premiums were moving $2 in one second… just incredible movement… If you trusted the extreme momentum of 1030 to 1115am you made some money… From there honestly I can whole heartedly say that from 1115am until EOD it was nothing but bull and bear traps… I haven’t seen so many bear traps in one day… I have never ever seen so many technicals are one time pointing to a put play only for the market to continue to push higher… just absolutely incredible movement on the markets today… This was a clear trend day as evidence by not touching or closing under 20ema all day besides one fast wick during opening hour… however, this was one of the choppiest extreme momentum days ive seen in a while… Ive said it before 2022 was hard mode in the markets… 2023 is turning into expert mode in the markets. SPY DAILY SUPPLY AND DEMAND https://preview.redd.it/62db5ttb3o3b1.png?width=975&format=png&auto=webp&s=7df4fa725bb8e62098a2307d5e84a8cb8dd73800 From the daily supply and demand here we did not do anything new… we did attempt to touch 429.68 supply and id fall just short of it… this gap up has us sitting between 422.04 and 429.68 supply. We did however get a fake wave down (half wave) on the DMI and now the DMI is waving bullishly. SPY WEEKLY SUPPLY AND DEMAND https://preview.redd.it/h7bv1bhc3o3b1.png?width=970&format=png&auto=webp&s=4c1780193a62cfd8e57728c8ecea8b4247a8f76b From a weekly stand point here we were attempting to make a new supply up until Thursday when we rallied. However, the two day pump has put us once again with no new supply and with a weekly DMI that is overbought and with a weekly chart in extreme bull momentum. With a closure over 427.35 weekly supply we honestly have a huge gap to our next major level which is 453.23. SPY DAILY PRICE ACTION https://preview.redd.it/tif0ojxc3o3b1.png?width=975&format=png&auto=webp&s=17dd9c0091d1feea3c6b00350cd0c25eed26ba4e I really zoomed out here on the daily so you can see exactly where some of these trend lines are at… we have officially broken upwards out of the red rising wedge that we have been trading in since the end of February… this now becomes a bull channel which is represented by the blue line… we are also in a shorter term black bull channel that we have been in since May 23rd. With a SPY daily closure at 427.92 this is the highest level that we have closed at since August 16th which was 429.7 and also was the top of the august rally and led us to our 52 week low sell off… SPY WEEKLY PRICE ACTION https://preview.redd.it/13on0lfd3o3b1.png?width=975&format=png&auto=webp&s=a47a7195597cfddc44718205a6f5acf9fae2e283 On the weekly we have officially closed our highest WEEKLY candle since the week of April 11th… not only that but we did close over the August peaks high and we now are in this 427.3 to 453.3 trading channel (orange). The weekly has closed over the weekly 8ema for 10 times in a row… that has not happened since August to September of 2021… With a breakout through the black and orange resistance lines… our next target is either the blue bull channel which gives us resistance at 439.4 next week or the red/ blue rising wedge at 435.23. SPY WEEKLY LEVELS Supply- 416.08 -> 427.35 -> 453.23 Demand- 411.57 Support- 427.3 -> 421.9 -> 418.5 Resistance- 431.7 -> 436.9 FUTURES DAILY SUPPLY AND DEMAND https://preview.redd.it/t2crz1xd3o3b1.png?width=866&format=png&auto=webp&s=f7228ec3bf7d248ed8478699ed7b73f9b476504d Futures daily also has no change here… we are now targeting our next supply at 4311… DMI also now in a half wave down which means we are waving up bullishly.. FUTURES WEEKLY SUPPLY AND DEMAND https://preview.redd.it/1b7ssgce3o3b1.png?width=803&format=png&auto=webp&s=7a82845fe05f99b922d9596320ea11da8897824d On the weekly timeframe here we have now bounced off 4130 demand (after establishing it) and have pushed through 4193 and 4384 supplies… this means our next upside target is 4540… Weekly remains in a bullish DMI wave up and bullish extreme momentum… at this point it is absolutely silly to short this. FUTURES DAILY PRICE ACTION https://preview.redd.it/k0ehh9re3o3b1.png?width=889&format=png&auto=webp&s=6537883d2787c4b09386ec4232f480d86a2942a9 Since I showed such a far out chart on SPY I will show more zoomed in here on futes… we have broken through the red rising wedge which now makes this the red/ blue bull channel. We are also in a almost month long black bull channel. The resistance of this channel is 4357 and support is 4203 for Monday. FUTURES WEEKLY PRICE ACTION https://preview.redd.it/p4kz5i5f3o3b1.png?width=797&format=png&auto=webp&s=9d4315b657335bbfe92902cb8c042081cf398c2a On the weekly timeframe here we have broken through the shorter term black and red rising wedges… which pretty much solidifies us in this blue bull channel since early march. Channel resistance is 4420 and support is 4168. Futures also is notching out just barely its highest close since April 2022. We are also coming in hot on these 4300 CC of the JPM collar and in two weeks will be at the 11th week post collar roll… With this closure over 4280 we officially are in the 4280 to 4540. FUTURES WEEKLY LEVELS Supply- 4193 -> 4284 -> 4540 Demand- 4130 Support- 4280 -> 4238 -> 4215 Resistance- 4238 -> 4392 QQQ DAILY SUPPLY AND DEMAND https://preview.redd.it/x65gbxjf3o3b1.png?width=975&format=png&auto=webp&s=49e7c3c8230fd62ffdc669216aa43c742d405639 Interestingly enough here honestly QQQ daily looks very weak… weak enough that if you had the grit one could actually short QQQ over the weekend… however, we are in daily and weekly extreme bull momentum so you are severely fighting the trend which is why I do not recommend it… We are now sitting between 352.8 and 357.09 supplies… This doji candle could lead to a slight pullback and retrace to put in a new supply at 354.64 on Monday… support would be 347.93 if we did that… the DMI is still waving down and on Monday should complete that wave down… To the upside our target remains 357.09 and 361.7 QQQ WEEKLY SUPPLY AND DEMAND https://preview.redd.it/zg7mckyf3o3b1.png?width=875&format=png&auto=webp&s=e1a20b943c8f12a213f8b858399979109c1c4b25 QQQ weekly is absolutely begging for a pullback with a weekly DMI and supply/ demand indicator about as overbought as it possibly can be… This candle could as a weekly hanging man lead to a retrace next week… If we did that we would definitely add a new supply at 354.85. Our target for a bounce would be the weekly 8ema… This also is QQQs highest weekly close since the week of April 4th 2022. If we continue this upside run next week we have a supply at 361.85 to watch and then from there we have a pretty big resistance level at 382.9-384.54 to keep an eye on. QQQ WEEKLY LEVELS Supply- 330.67 -> 361.85 Demand- 322.47 -> 382.9 -> 384.54 VIX https://preview.redd.it/lesidaeg3o3b1.png?width=975&format=png&auto=webp&s=0cda1cf78982e1d4351b053d635830bb87afd323 Yesterday I mentioned there was a high probability that we would get the VIX into the 14s… now I did not expect it to go as low as it did but absolutely incredible drop on the VIX… Here is some fun facts about just how low the VIX is right now… Today- LOD 14.42, Close 14.6 October 21st 2021- LOD 14.92, Close 15 June 29th 2021- LOD 14.1, Close 16.03 July 2nd 2021- LOD 14.25, Close 15.08 February 19th 2020- LOD 14.21, Close 14.38 This is the 3rd lowest level the VIX has hitting since Pre-COVID… this also is the lowest level that the VIX has closed at since Pre-COVID… At these levels… the VIX is saying “we are at pre-covid fear in the markets and we are at pre-covid bull market levels.” Just for correlation here… SPY closed at 338.34 on Feb 19th, 433.72 on July 2nd, 427.7 on June 29th and 453.59 on October 21st… On average that means of the 4 lowest VIX readings in the last almost 2.5 years… SPY has an average closing price of 413.33… however, as you can see in July and June SPY was at the 427.7 to 433.72 level which is nearly perfect correlation to where we closed today… WEEKLY TRADING LOG https://preview.redd.it/5x8ipiwg3o3b1.png?width=942&format=png&auto=webp&s=4d7574dd033082db63b2929f4520614d60c331f8 Now today up until 130pm felt like an absolutely massive win mentally for me… I recognized the market and the trend… I recognized that the “perfect put opportunity” was actually the call entry in disguise… and I did really really good capitalizing on that and was up quite a bit… however, then came the 130 timeframe… It all went downhill getting stopped out attempting to play the support bounce with a call… and then from there I lost on two puts in a row on what looked like the worlds greatest put opportunities… the one I got absolutely massively stop loss hunted on and the other I got wrecked on… Honestly bless up for Mondays, Tuesday and Wednesdays in the market because I will fully admit without shame that Thursday and Fridays have been incredibly difficult for me to trade lately. Honestly from someone who is data driven and highly technical based in what I do… it appears that Monday, Tuesday and Wednesday has been extremely technical based and flows as one would expect both up and down.. however, we get to Thursday and Fridays and its like the market just throws everything out the window and does whatever it wants… highly frustrating… looking forward to the weekend to mentally reset and tackle this market again Monday! |
2023.06.02 22:48 theoneguywhoexist maurice posting
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2023.06.02 22:48 DaddyDersch The VIX just had its lowest close since Pre-Covid … 6-2-23 SPY/ ES futures, QQQ and VIX Daily Market Analysis
![]() | I said this a few weeks ago and it remains true today… “It is far too early to short this market, but at this point it feels far too late to go long on this market too…” What does that mean? IT means while yes I do think at this rate the VIX could see 12-13 and SPY could see 430-440… at this point counting on this rally to continue feels like pure FOMO, however, counting on this rally to come to a dramatic end feels like straight YOLO… submitted by DaddyDersch to u/DaddyDersch [link] [comments] Another thing here is that while I do think the upside is the ease of momentum right now… the odds we wake up to a bank collapsing or some other black swan event seemingly is increasing as time goes on… this honestly is the worst place the markets could be right now… The question I hate to be asking myself once again is “What is going to stop this rally?” I feel like for months now we get to these “ideal scenarios” that will finally put the market in its place and take it down etc. etc. and then the market just barely makes it by everytime… The way this thing is shaping up is that this truly is going to be a “this time is different” market recovery from bear market to bull market… OR we are just setting ourselves up for one of the biggest and most unexpected crashes this market has seen… To Pause or Not to Pause https://preview.redd.it/6cwplluz2o3b1.png?width=975&format=png&auto=webp&s=2903473dfbbf37564de6a6fa28089f836ff491dd What is the one thing the fed wants but wont directly say they want? That would be higher unemployment rate… this mornings 3.7% UE is the highest reading since December 2022. However, since March 2022 (over a year now) we have NOT gotten a single UE reading over 3.7%.... it seems that the UE hits that level (4 times now over the last 1+ year) and then immediately retraces… With the highest UE you would have expected the odds of a pause in June to nearly hit 80-90%... however, we are actually seeing a slight pullback here on the odds and now are looking only at a 70.1% chance of a pause in June… However, of course market is rallying like a pause and rate cuts have already happened. Is TECH Topping out? https://preview.redd.it/hvfa07g03o3b1.png?width=963&format=png&auto=webp&s=f31f34d7478f9021a587d2f1bf8e9fa29c38ae66 In the screenshot above you will see the breadth of S&P500, NASDAQ and NYSE… what does this show? Well in simple terms this shows the buying/ selling pressure of the market… 0 is neutral… what is very interesting to me here is that this is now the second day in a row that the NASD has lagged SPY and NYSE in the buying pressure… what does that mean? Well it means that for the last two days this rally was not led by TECH like previously… This is very evident by the heatchart here (taken near EOD)… what does it show? IT shows outside of communication services (which BTW took a big hit due to the amazon news as a whole) that TECH was the WEAKEST member today… this is a big deal… now there are two possibilities here… Market is rotating out of tech and into more small/ mid caps and going risk on because they truly believe the upside is the only way…. However, on the hand this could show that big money finally is slowing down here… I wish I had a way to show you guys for sure but the data im seeing is that the last few days has been heavily retail driven and not big money driven… JPM COLLAR https://preview.redd.it/pveq6q713o3b1.png?width=975&format=png&auto=webp&s=108d9c59ba3adb750554d72f20498326a62a91fd Almost exactly two months ago we were post JPM collar roll and I mentioned the history of Futes hitting the sold call level of the collar (or within at least 100 pts of it)… very rarely do we completely pass it but it is possible… my timing assumed we would hit it the 7th week of the trend but it would appear that we are doing it at week 9… Now the true question is…. Will this pullback like it historically has after reaching the sold call level of the collar leading into the rotation of the collar (June 30th)? UNTRADABLE https://preview.redd.it/4332ejn13o3b1.png?width=975&format=png&auto=webp&s=3c94e8673c6bb9f0eddc96d56c646cff32158734 I very rarely show a 15min intraday chart nor do I include it here but I think its worth it today… why? Well if you look at this chart today I would say that from 1030 until 1115am that was the ONLY time that SPY was easily tradeable today… the opening hour was extremely volatile and unforgiven… I attempted numerous times to catch plays on the way up and down and was not able to get in because SPX premiums were moving $2 in one second… just incredible movement… If you trusted the extreme momentum of 1030 to 1115am you made some money… From there honestly I can whole heartedly say that from 1115am until EOD it was nothing but bull and bear traps… I haven’t seen so many bear traps in one day… I have never ever seen so many technicals are one time pointing to a put play only for the market to continue to push higher… just absolutely incredible movement on the markets today… This was a clear trend day as evidence by not touching or closing under 20ema all day besides one fast wick during opening hour… however, this was one of the choppiest extreme momentum days ive seen in a while… Ive said it before 2022 was hard mode in the markets… 2023 is turning into expert mode in the markets. SPY DAILY SUPPLY AND DEMAND https://preview.redd.it/c8o10l223o3b1.png?width=975&format=png&auto=webp&s=883986858a1794579318880fc4cee15b04c9aadf From the daily supply and demand here we did not do anything new… we did attempt to touch 429.68 supply and id fall just short of it… this gap up has us sitting between 422.04 and 429.68 supply. We did however get a fake wave down (half wave) on the DMI and now the DMI is waving bullishly. SPY WEEKLY SUPPLY AND DEMAND https://preview.redd.it/s4ikk4i23o3b1.png?width=970&format=png&auto=webp&s=5d830943903ad49868c66ae3c591b6105feffe6c From a weekly stand point here we were attempting to make a new supply up until Thursday when we rallied. However, the two day pump has put us once again with no new supply and with a weekly DMI that is overbought and with a weekly chart in extreme bull momentum. With a closure over 427.35 weekly supply we honestly have a huge gap to our next major level which is 453.23. SPY DAILY PRICE ACTION https://preview.redd.it/tlifzez23o3b1.png?width=975&format=png&auto=webp&s=9fbf11068f81427c78367688bc8624b6bc4d98f7 I really zoomed out here on the daily so you can see exactly where some of these trend lines are at… we have officially broken upwards out of the red rising wedge that we have been trading in since the end of February… this now becomes a bull channel which is represented by the blue line… we are also in a shorter term black bull channel that we have been in since May 23rd. With a SPY daily closure at 427.92 this is the highest level that we have closed at since August 16th which was 429.7 and also was the top of the august rally and led us to our 52 week low sell off… SPY WEEKLY PRICE ACTION https://preview.redd.it/owuovbl33o3b1.png?width=975&format=png&auto=webp&s=cfaf2d8c9cad92e0e062f2f84c23958a243194d9 On the weekly we have officially closed our highest WEEKLY candle since the week of April 11th… not only that but we did close over the August peaks high and we now are in this 427.3 to 453.3 trading channel (orange). The weekly has closed over the weekly 8ema for 10 times in a row… that has not happened since August to September of 2021… With a breakout through the black and orange resistance lines… our next target is either the blue bull channel which gives us resistance at 439.4 next week or the red/ blue rising wedge at 435.23. SPY WEEKLY LEVELS Supply- 416.08 -> 427.35 -> 453.23 Demand- 411.57 Support- 427.3 -> 421.9 -> 418.5 Resistance- 431.7 -> 436.9 FUTURES DAILY SUPPLY AND DEMAND https://preview.redd.it/bvu20a543o3b1.png?width=866&format=png&auto=webp&s=051cc7cfcb2161ba5fad8c23b166659fadc99d6b Futures daily also has no change here… we are now targeting our next supply at 4311… DMI also now in a half wave down which means we are waving up bullishly.. FUTURES WEEKLY SUPPLY AND DEMAND https://preview.redd.it/6v7q7xh43o3b1.png?width=803&format=png&auto=webp&s=7368bf9995562a5899793370e449bc689af65a41 On the weekly timeframe here we have now bounced off 4130 demand (after establishing it) and have pushed through 4193 and 4384 supplies… this means our next upside target is 4540… Weekly remains in a bullish DMI wave up and bullish extreme momentum… at this point it is absolutely silly to short this. FUTURES DAILY PRICE ACTION https://preview.redd.it/ots67q553o3b1.png?width=889&format=png&auto=webp&s=cc4e55cf003a913681d52fdd8aec78a2118a6756 Since I showed such a far out chart on SPY I will show more zoomed in here on futes… we have broken through the red rising wedge which now makes this the red/ blue bull channel. We are also in a almost month long black bull channel. The resistance of this channel is 4357 and support is 4203 for Monday. FUTURES WEEKLY PRICE ACTION https://preview.redd.it/p34unci53o3b1.png?width=797&format=png&auto=webp&s=66139179523cb15cb298a09e807b098245738bf9 On the weekly timeframe here we have broken through the shorter term black and red rising wedges… which pretty much solidifies us in this blue bull channel since early march. Channel resistance is 4420 and support is 4168. Futures also is notching out just barely its highest close since April 2022. We are also coming in hot on these 4300 CC of the JPM collar and in two weeks will be at the 11th week post collar roll… With this closure over 4280 we officially are in the 4280 to 4540. FUTURES WEEKLY LEVELS Supply- 4193 -> 4284 -> 4540 Demand- 4130 Support- 4280 -> 4238 -> 4215 Resistance- 4238 -> 4392 QQQ DAILY SUPPLY AND DEMAND https://preview.redd.it/2igz50z53o3b1.png?width=975&format=png&auto=webp&s=a26713d80adb07c3967e7b3c4c433bcefd6ad6a9 Interestingly enough here honestly QQQ daily looks very weak… weak enough that if you had the grit one could actually short QQQ over the weekend… however, we are in daily and weekly extreme bull momentum so you are severely fighting the trend which is why I do not recommend it… We are now sitting between 352.8 and 357.09 supplies… This doji candle could lead to a slight pullback and retrace to put in a new supply at 354.64 on Monday… support would be 347.93 if we did that… the DMI is still waving down and on Monday should complete that wave down… To the upside our target remains 357.09 and 361.7 QQQ WEEKLY SUPPLY AND DEMAND https://preview.redd.it/buop4xl63o3b1.png?width=875&format=png&auto=webp&s=91f710897490019b0f0fcb18d7c3ac92445f27f7 QQQ weekly is absolutely begging for a pullback with a weekly DMI and supply/ demand indicator about as overbought as it possibly can be… This candle could as a weekly hanging man lead to a retrace next week… If we did that we would definitely add a new supply at 354.85. Our target for a bounce would be the weekly 8ema… This also is QQQs highest weekly close since the week of April 4th 2022. If we continue this upside run next week we have a supply at 361.85 to watch and then from there we have a pretty big resistance level at 382.9-384.54 to keep an eye on. QQQ WEEKLY LEVELS Supply- 330.67 -> 361.85 Demand- 322.47 -> 382.9 -> 384.54 VIX https://preview.redd.it/67py8u473o3b1.png?width=975&format=png&auto=webp&s=fdcb1f48fad49637480e121bb24a0833f2cbfd3f Yesterday I mentioned there was a high probability that we would get the VIX into the 14s… now I did not expect it to go as low as it did but absolutely incredible drop on the VIX… Here is some fun facts about just how low the VIX is right now… Today- LOD 14.42, Close 14.6 October 21st 2021- LOD 14.92, Close 15 June 29th 2021- LOD 14.1, Close 16.03 July 2nd 2021- LOD 14.25, Close 15.08 February 19th 2020- LOD 14.21, Close 14.38 This is the 3rd lowest level the VIX has hitting since Pre-COVID… this also is the lowest level that the VIX has closed at since Pre-COVID… At these levels… the VIX is saying “we are at pre-covid fear in the markets and we are at pre-covid bull market levels.” Just for correlation here… SPY closed at 338.34 on Feb 19th, 433.72 on July 2nd, 427.7 on June 29th and 453.59 on October 21st… On average that means of the 4 lowest VIX readings in the last almost 2.5 years… SPY has an average closing price of 413.33… however, as you can see in July and June SPY was at the 427.7 to 433.72 level which is nearly perfect correlation to where we closed today… WEEKLY TRADING LOG https://preview.redd.it/t0gpvtk73o3b1.png?width=942&format=png&auto=webp&s=67ebb3d15d35e9ad57328f198ad885e1473d1dfd Now today up until 130pm felt like an absolutely massive win mentally for me… I recognized the market and the trend… I recognized that the “perfect put opportunity” was actually the call entry in disguise… and I did really really good capitalizing on that and was up quite a bit… however, then came the 130 timeframe… It all went downhill getting stopped out attempting to play the support bounce with a call… and then from there I lost on two puts in a row on what looked like the worlds greatest put opportunities… the one I got absolutely massively stop loss hunted on and the other I got wrecked on… Honestly bless up for Mondays, Tuesday and Wednesdays in the market because I will fully admit without shame that Thursday and Fridays have been incredibly difficult for me to trade lately. Honestly from someone who is data driven and highly technical based in what I do… it appears that Monday, Tuesday and Wednesday has been extremely technical based and flows as one would expect both up and down.. however, we get to Thursday and Fridays and its like the market just throws everything out the window and does whatever it wants… highly frustrating… looking forward to the weekend to mentally reset and tackle this market again Monday! |
2023.06.02 22:46 john_oldcastle My Favorite Dead (vol 1): Avalon Ballroom 10/12/68 (long post)
2023.06.02 22:45 HighQualityH20h First heritage blaster went well! First red auto ever.
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2023.06.02 22:38 Bright-Ad-857 Masters list
2023.06.02 22:35 Abracadabrism rot²
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2023.06.02 22:29 TheTalkedSpy Q&A: "Isn’t justification by faith alone?" (August 18, 2006)
"For by your words you will be justified, and by your words you will be condemned" (Matthew 12:37)."And the tax collector, standing afar off, would not so much as raise his eyes to heaven, but beat his breast, saying, 'God, be merciful to me a sinner!' I tell you, this man went down to his house justified rather than the other; for everyone who exalts himself will be humbled, and he who humbles himself will be exalted" (Luke 18:14)."being justified freely by His grace through the redemption that is in Christ Jesus" (Romans 3:24)."Therefore we conclude that a man is justified by faith apart from the deeds of the law*. Or is He the God of the Jews only? Is He not also the God of the Gentiles? Yes, of the Gentiles also, since there is one God who will justify the circumcised by faith and the uncircumcised through faith*" (Romans 3:28-30). The law discussed here is not all law but the Old Testament law as can be seen from the context."Therefore, having been justified by faith*, we have peace with God through our Lord Jesus Christ," (Romans 5:1)."Much more then, having now been justified by His blood, we shall be saved from wrath through Him*" (Romans 5:9)."And the gift is not like that which came through the one who sinned. For the judgment which came from one offense resulted in condemnation, but the free gift which came from many offenses resulted in justification" (Romans 5:16)."Who shall bring a charge against God's elect? It is God who justifies" (Romans 8:33)."And such were some of you. But you were washed, but you were sanctified, but you were justified in the name of the Lord Jesus and by the Spirit of our God" (I Corinthians 6:11). This verse demonstrates that being washed, sanctified, and justified are synonyms. What is deliberately ignored is that being washed is an allusion to baptism (Acts 22:16)."But if, while we seek to be justified by Christ*, we ourselves also are found sinners, is Christ therefore a minister of sin? Certainly not!" (Galatians 2:17)."But when the kindness and the love of God our Savior toward man appeared, not by works of righteousness which we have done, but according to His mercy He saved us, through the washing of regeneration and renewing of the Holy Spirit, whom He poured out on us abundantly through Jesus Christ our Savior, that having been justified* by His grace we should become heirs according to the hope of eternal life" (Titus 3:7)."Was not Abraham our father justified by works when he offered Isaac his son on the altar? Do you see that faith was working together with his works, and by works faith was made perfect? And the Scripture was fulfilled which says, "Abraham believed God, and it was accounted to him for righteousness." And he was called the friend of God. You see then that a man is justified by works, and not by faith only*. Likewise, was not Rahab the harlot also justified* by works when she received the messengers and sent them out another way? For as the body without the spirit is dead, so faith without works is dead also" (James 2:21-26).This is not a complete list, but it shows that justification is accomplished by a set of things, of which faith plays a major role but not an exclusive role.
"Through Him we have received grace and apostleship for obedience to the faith among all nations for His name" (Romans 1:5)."For I am not ashamed of the gospel of Christ, for it is the power of God to salvation for everyone who believes*, for the Jew first and also for the Greek. For in it the righteousness of God is revealed from faith to faith; as it is written, "The just shall live by faith."" (Romans 1:16-17)."But we know that the judgment of God is according to truth against those who practice such things. And do you think this, O man, you who judge those practicing such things, and doing the same, that you will escape the judgment of God? Or do you despise the riches of His goodness, forbearance, and longsuffering, not knowing that the goodness of God leads you to repentance? But in accordance with your hardness and your impenitent heart you are treasuring up for yourself wrath in the day of wrath and revelation of the righteous judgment of God, who "will render to each one* according to his deeds*": eternal life to those who* by patient continuance in doing good seek for glory, honor, and immortality; but to those who are self-seeking and do not obey the truth, but obey unrighteousness--indignation and wrath, tribulation and anguish, on every soul of man who does evil, of the Jew first and also of the Greek; but glory, honor, and peace to everyone who works what is good*, to the Jew first and also to the Greek*" (Romans 2:2-9)."in the day when God will judge the secrets of men by Jesus Christ, according to my gospel" (Romans 2:16)."Or do you not know that as many of us as were baptized into Christ Jesus were baptized into His death? Therefore we were buried with Him through baptism into death, that just as Christ was raised from the dead by the glory of the Father, even so we also should walk in newness of life. For if we have been united together in the likeness of His death, certainly we also shall be in the likeness of His resurrection, knowing this, that our old man was crucified with Him, that the body of sin might be done away with, that we should no longer be slaves of sin. For he who has died has been freed from sin" (Romans 6:3-7)."But what does it say? "The word is near you, in your mouth and in your heart" (that is, the word of faith which we preach): that if you confess with your mouth the Lord Jesus and believe in your heart that God has raised Him from the dead*, you will be saved. For with the heart one believes unto righteousness, and with the mouth confession is made unto salvation*" (Romans 10:8-10)."So then faith comes by hearing*, and hearing* by the word of God" (Romans 10:17).Clearly, from this one letter, we know that Paul never taught faith alone brings salvation. People attempt to make it appear so by only quoting the verses which mention faith without discussing other things in the immediate context. But Paul said, like James, that faith must act with works, among other things, in order to bring about salvation. To take only a portion of what Paul said is to quote him out of context and twist what he stated. "... as also our beloved brother Paul, according to the wisdom given to him, has written to you, as also in all his epistles, speaking in them of these things, in which are some things hard to understand, which untaught and unstable people twist to their own destruction, as they do also the rest of the Scriptures. You therefore, beloved, since you know this beforehand, beware lest you also fall from your own steadfastness, being led away with the error of the wicked" (II Peter 3:15-17).
2023.06.02 22:07 SHH2006 Which one should I wish for??
2023.06.02 22:05 AutoModerator r/NewToReddit Monthly Rule Round-up!
2023.06.02 21:59 FutExpert69 There goes my pack luck for the next year…
![]() | Ney was from a gold preview pack and Leao from the 85*5 submitted by FutExpert69 to fut [link] [comments] |
2023.06.02 21:54 brandicela Student Loan Re-financing?
2023.06.02 21:44 Best_Club_In_America Game of Throwin' Everybody Under the Bus: J.P. Morgan's General Counsel claims he advised J.P. Morgan to dump Epstein as a client; Dimon claims he "didn't know he felt that way" and "doesn't recall" ever having seen his recommendation and insists ultimate responsibility lay on the General Counsel
![]() | https://preview.redd.it/nvpgshuyrn3b1.png?width=880&format=png&auto=webp&s=51c0de31a739a5f769863a7e371923d53e45b3f7 submitted by Best_Club_In_America to Epstein [link] [comments] tl;dr: "Our attorney should have known better, and if he says he did and tried to alert anyone, "I don't recall" that https://www.ft.com/content/9cd93b9d-81f5-4f92-995d-988139420f7d Ultimate decider’ on Jeffrey Epstein was JPMorgan’s ex-top lawyer, says Jamie DimonBank’s chief executive testifies that former general counsel had ‘ability to override’ other executivesJamie Dimon has identified JPMorgan Chase’s former general counsel as the “ultimate decider” who had the authority to axe Jeffrey Epstein as a client, according to sworn testimony by the bank’s chief executive. Even if other executives such as Mary Erdoes, one of the bank’s most senior managers, had been vouching for the sex offender, the bank’s top lawyer was the person who “had the ability to override” their decisions, Dimon said. Dimon made the assertion during a seven-hour deposition last week, a transcript of which has been seen by the Financial Times. He was responding to suggestions that the decision to retain Epstein had been made by Erdoes and Jes Staley, the disgraced financier’s former private banker. According to the transcript, lawyers for the US Virgin Islands — which is bringing one of two cases against JPMorgan — indicated that Steve Cutler, the bank’s top lawyer from 2007 to 2016, had named Erdoes and Staley as the executives responsible for keeping Epstein on after his first arrest for sex crimes in 2006. “If [Cutler] allowed them to make that judgment, it’s because he didn’t step in and say, you have to go,” Dimon said. “But he could have done that.” Dimon’s deposition was taken in relation to two cases in which JPMorgan is accused of ignoring red flags relating to Epstein and benefiting from human trafficking. One has been brought by a woman who said she was abused by Epstein, and the other by the US Virgin Islands, where the late sex offender had a home. Court filings in the two cases have detailed how Erdoes, who now runs the bank’s $4tn asset and wealth management division, and Staley, were involved in multiple internal conversations about whether Epstein should be dropped as a client, and that they personally visited his residences. In 2011, Cutler sent an email that read: “I would like to put it and [Epstein] behind us. Not a person we should do business with, period.” He also wrote “This is not an honourable person in any way. He should not be a client.” Dimon said Cutler would have had the authority to kick out a client if he judged something was “over the line”, although that did not mean that “because he didn’t like something he wouldn’t allow a businessperson to make a different judgment call”. Epstein pleaded guilty in 2008 to a state charge in Florida of soliciting a minor for prostitution. He remained a client of JPMorgan until 2013. “Mr Cutler had the ultimate authority to kick him out if he thought it had gone that far,” Dimon said in his testimony. “I think the ultimate decider would have been the general counsel of the company.” Cutler, a former director of enforcement at the US Securities and Exchange Commission who subsequently left JPMorgan to go into private practice at Simpson Thacher, did not immediately respond to a request for comment. JPMorgan said: “Had the firm believed he was engaged in an ongoing sex trafficking operation, Epstein would not have been retained as client. In hindsight, we regret he was ever a client.” In his deposition, the 67-year-old Dimon said he first learned that Epstein had held accounts at JPMorgan for 15 years about four years ago, when the disgraced financier was arrested on federal sex crime charges. “I don’t recall knowing anything about Jeffrey Epstein until the stories broke sometime in 2019,” Dimon said. “I was surprised that I . . . had never even heard of the guy, pretty much, and how involved he was with so many people.” David Boies, a lawyer for the unnamed Epstein accuser suing JPMorgan, said on Wednesday that Dimon had admitted the bank’s “top executives knew for years that Epstein was a convicted sex offender who continued to target young women”. “Epstein withdrew hundreds of millions of dollars a year in cash to fund what he was doing, and . . . used his web of JPMorgan accounts,” said Boies, a claim JPMorgan called “patently and verifiably false.” Boies added: “If, as he claims, Mr Dimon was the only person in New York who never heard of Epstein before July 2019, that is an indictment, not a defence.” Dimon also denied ever being informed about Epstein’s accounts or behaviour by Staley, whom the bank is suing for allegedly withholding information about Epstein and for vouching for him internally. Earlier on Wednesday, The Wall Street Journal reported that Staley claimed to have spoken to Dimon in person about the account on several occasions — an allegation JPMorgan described as “false”. ... tl;dr: WSJ reported that there's proof Staley had communicated with Dimon about Epstein; J.P. Morgan claims the WSJ is lying and that it's own CEO "not recalling" such communications = "proof they never happened" https://www.cnbc.com/2023/05/31/jpmorgan-ceo-jamie-dimon-jeffrey-epstein-deposition.html JPMorgan Chase CEO Jamie Dimon testified last week that top bank executive Mary Erdoes and the firm’s then-head lawyer had the authority to boot sex predator Jeffrey Epstein as a customer well before Erdoes finally took that step in 2013. Questions by lawyers to Dimon at his deposition Friday for two lawsuits against JPMorgan underscore that Erdoes and the lawyer, former JPMorgan general counsel Stephen Cutler, were aware of claims Epstein had preyed on young women while a client of the bank for years. Erdoes in her own deposition, taken previously, admitted that she as early as 2006 was aware that Epstein was accused of paying cash to have underage girls and young women brought to his home, court filings reveal. But Dimon on Friday repeatedly said he had no knowledge of such claims about Epstein, and that he was barely aware of him at all until 2019, according to a transcript of the deposition obtained by CNBC. The lawsuits against the bank allege Epstein used money from his JPMorgan accounts for the sex trafficking of young women, and that the bank retained him as a customer to maintain his business despite serious warning flags about him. One suit against the bank was filed by the government of the U.S Virgin Islands, where Epstein maintained a residence on a private island. The other suit was filed by an Epstein accuser who is seeking to certify the complaint as a class action for other victims. During his deposition, Dimon was shown an email that JPMorgan’s then-general counsel Cutler Cutler sent Erdoes about Epstein on July 21, 2011. In that email, Cutler wrote: “I would like to put it and him behind us. Not a person we should do business with, period.” “This is not an honorable person in any way,” Cutler wrote in an email a day earlier to Erdoes, another top executive, Jes Staley, and two other bank executives, according to a lawyer who was questioning Dimon during the deposition. “He should not be a client,” Cutler added in that email. Cutler, in his own deposition last week, “testified under oath that Jes Staley and Mary Erdoes made the decision to retain Epstein as a customer of the bank,” a lawyer told Dimon. Dimon testified Friday that he was not aware of that email by Cutler when it was sent. But he also said, “Mr. Cutler had the ultimate authority to kick him out if he thought it had gone too far.” “He was delegating reputational decisions to somebody else” Dimon said, apparently referring to Cutler’s claim that the decision to retain Epstein was made by Staley and Erdoes. Staley, like other powerful men such as former Presidents Bill Clinton and Donald Trump, as well as Microsoft co-founder Bill Gates, was a friend of Epstein. Staley had made social visits to Epstein’s homes in Manhattan and the U.S. Virgin Islands. He is due to be deposed in the suits on June 10 and 11, according to a source familiar with the schedule. Dimon was deposed at JPMorgan’s headquarters in New York by lawyers for the plaintiffs, and for Staley, who JPMorgan argues in its own legal complaint against him is responsible for any civil liability a jury might find. Epstein was terminated as a customer in 2013, two years after the emails and five years after he pleaded guilty to a Florida state charge of soliciting sex from a minor. As a result of that conviction, he had to register as a sex offender. Epstein killed himself in a Manhattan jail in August 2019, a month after being arrested on federal child sex trafficking charges. A lawyer asked Dimon during the deposition: “As CEO of private [banking] or asset and wealth management, Mary Erdoes could have decided to terminate Jeffrey Epstein as a customer, as a client, of JPMorgan; is that right?” Dimon answered, “I generally would say that’s true, yes.” Erdoes testified in her earlier deposition that JPMorgan dropped Epstein as a client in 2013 after she learned that his withdrawals from his accounts were for “actual cash,” according to court filings. “I have trust and respect in both of them,” Dimon testified about Erdoes and Cutler. “My view is had she known what she had known today, she would be saying exactly the same thing I said,” Dimon said, referring to his statement that he would have terminated Epstein as a client if he knew about his conduct at the time. “There’s a chance that Jes knew, that’s why they’re different.” Dimon testified that he was not informed that Epstein was indicted in Florida for sex crimes in 2006, or of other concerns about him that others at the bank raised, the deposition reveals. “I don’t recall knowing anything about Jeffrey Epstein until the stories broke sometime in 2019” Dimon said, referring to when Epstein was arrested on federal child sex trafficking charges. “I was surprised that I didn’t even — had never even heard of the guy, pretty much. And how involved he was with so many people,” Dimon said. A lawyer then asked, “Were you aware that Jeffrey Epstien was promoting you to contacts as a candidate for Secretary of the Treasury?” Dimon replied: “Nope.” When asked if the accusers of Epstein deserved an apology, Dimon said, “I think what happened to these women is atrocious, and I’m horrified at the amount of human trafficking that takes place.” “And I wouldn’t mind personally apologizing to them, not because we committed the crime, we did not, and not because we believe we’re responsible, but that any potential thing, what little role that we could have eased it or helped catch it quicker or something like that, or get it to law enforcement quicker or get law enforcement to react to it quicker, which they obviously didn’t, you know, I would apologize to them.” “For that, yes,” he said. The Wall Street Journal reported earlier Wednesday that legal documents in the cases show that Staley discussed Epstein with Dimon over the years, including when Epstein was arrested in Florida in 2006 and when he pleaded guilty in that case two years later. “Staley also said that Dimon communicated with him various times about whether to maintain Epstein as a client through 2012,” The Journal reported. A JPMorgan spokeswoman in a statement about The Journal’s article said, “We believe this is false.” “There is no evidence that any such communications ever occurred — nothing in the voluminous number of documents reviewed and nothing in the nearly dozen depositions taken, including that of our own CEO,” said Patricia Wexler, the spokeswoman. Wexler later Friday told CNBC, “Had the Firm believed he was engaged in an ongoing sex trafficking operation, Epstein would not have been retained as client.” “In hindsight, we regret he was ever a client,” Wexler said. |