Business

Via Dana Lyons' Tumblr,

Despite the down day yesterday, one indicator from the equity options market recorded a massive spike in bullishness.

Just over a month ago, Kyle Bass discussed why he was long effectively "long Greece."

One week ago, on November 9 something snapped in the Nikkei, which in the span of just over an one hour (from 13:20 to 14:30) crashed more than 800 points (before closing almost unchanged) at the same time as it was revealed that foreigners had just bought a record amount of Japanese stocks the previous month.

Authored by Tom Luongo,

Bitcoin is back above $7500 as I write this after an enormous bout of volatility surrounding the failure to implement a protocol upgrade known as “Segwit 2x.”

Segwit 2x was designed to improve Bitcoin’s functioning in real world applications.

There was a classic pump and dump over the next 48 hours that saw Bitcoin spike to nearly $8000 and then collapse to $5500. 

We all know the story behind Fisker, it was one of the world’s first plug-in hybrid electric vehicles in 2008, and even had a legal spat between Tesla, but shortly after in 2012 the company crashed and burned in bankruptcy. Last year, Henrik Fisker decided to relaunch his brand. He thought that one failure wasn’t enough—-just like Elon Musk’s SpaceX rockets.