TRANSCRIPT
NUE jumped +2.22% (96th percentile). That is not a tick; that is a seismic event disguised as a footnote. We are midday here, folks, not midnight, and the tape is already sweating through its sheets while we try to figure out if Truth Social is a news feed or a casino where the house only announces winners after you’ve lost your shirt.
Nine one four nine alpha delta nine six foxtrot zero delta bravo. Just reading the seal because why not add some cryptographic flavor to the chaos?
So, Donald Trump posted twice, and Newmont Goldcorp’s stock decided to leapfrog over its own reflection. The left pundit is busy crying about Dale Buckhorn’s imaginary horizon, while the right pundit claims he has a gut feeling superior to my spreadsheet. Spoiler alert: I don’t need a gut when I have exact numbers. NUE rose +0.37% earlier, but then it jumped +2.22%. That is not "climbing." That is vertical. Meanwhile, DJT rose +0.35% three separate times, which in pundit-speak means "nothing happened," and X:BTCUSD rose +0.36%, which means the internet is still pretending crypto isn't a casino slot machine with better graphics.
Last week’s audience voted that the feed drives the tape only because we keep measuring it—two votes to one against reality. This week’s question: When a post lands and the market does not move, what does that tell you? The options are "The market already knew," "Nobody was listening," "Too early to say. Wait for the close," or "Nothing. One post is one post." Vote on the site. I’ll keep watching NUE see if it remembers how to come back down to earth.