Post

How to get URL link on X (Twitter) App

On the Twitter thread, click on or icon on the bottom
Click again on or Share Via icon
Click on Copy Link to Tweet
Paste it above and click "Unroll Thread"!
More info at Twitter Help

Menthor Q

@MenthorQpro

Jan 22, 2022 • 9 tweets • 3 min read • Read on X

Scrolly

1/ This weekend, took a look at the Netherlands. How did they become an empire? Thanks to the invention of Capitalism.
While Europe was a fight between Catholics and Protestants, the Dutch chose tolerance. Smart move, because they attracted talent fleeing from persecution

2/ This fueled a culture of wealth and power in credit. Amsterdam saw the first central bank, the first stock market, and the first market mania (tulip bulbs).

3/ This new capitalist economy, allowed the Dutch to finance their own wars of rebellion against Spain, and then went to build a commercial empire. But lets dig deeper 👇

4/ They invented the multinational (1602): merchants found a way to reduce the risk of loss of their fleet. Initially, they would load one vessel with all the won booty. That meant, that all their risk was concentrated in one vessel.

5/ They realized that by dividing the booty in different ships, each member would only lose a %. This is how the East India company was formed in Amsterdam. It is the first multinational as it traded and profited across several countries.

6/ First stock exchange, Amsterdam Stock exchange. Was the first time anyone was allowed to buy/sell stocks/bonds. It was of course established by the Dutch East India Company. Today it is still in the original place at Beursplein 5, right near Dam Square.

7/ Also, ‘Wall Street’, was actually named by the Dutch as ‘de Waal Straat’.

8/ The Netherlands was also the first country to wage war for profit reasons. Dutch East India was given authority and discretion to go to war without having authorization from Amsterdam.

9/ This is also a great book I read recently if you want to understand better how Amsterdam was in those days. Enjoy have and have a nice weekend.

• • •

Missing some Tweet in this thread? You can try to force a refresh

This Thread may be Removed Anytime!

Twitter may remove this content at anytime! Save it as PDF for later use!

More from @MenthorQpro

Menthor Q

@MenthorQpro

Mar 9

1/ Markets rarely move in straight lines.

This chart tracks a 5-day swing model for $SPX, which helps highlight when price is stretching toward short-term extremes.

Right now, SPX is drifting away from the upper range and moving back toward the middle of the model.

2/ The model works with three key zones:

• Upper Band → where rallies often start to stall
• Lower Band → where pullbacks often find support
• Risk Trigger → a deeper downside level that signals larger stress

Price tends to oscillate between these areas.

3/ Recently, SPX spent a lot of time pushing toward the upper band, showing strong upward momentum.

But the latest move shows price pulling away from that upper zone, which often happens after markets become stretched.

Read 7 tweets

Menthor Q

@MenthorQpro

Mar 6

1/ One way to see how the options market is feeling about risk is through the volatility smile.

Right now, that smile is getting steeper and that shift can reveal how traders are positioning around $SPX.

2/ The curve shows implied volatility across different strike prices.

When the left side of the smile rises (lower strikes), it usually means downside protection is becoming more expensive.

That’s exactly what we’re seeing.

3/ Compared to yesterday, last week, and even a month ago, deep downside strikes are carrying higher implied volatility.

That tells us traders are placing more emphasis on hedging downside risk.

Read 5 tweets

Menthor Q

@MenthorQpro

Mar 5

1/ The options market is clearly focused on the short-term right now.

$SPX hasn’t collapsed, but the volatility curve shows traders are still pricing more uncertainty in the front of the curve.

In other words: near-term risk is still on the radar.

2/ Compared to yesterday, short-dated volatility has eased slightly.

But zooming out, the curve still shows a noticeable premium in the front end relative to the rest of the structure.

That usually happens when markets are navigating an active period.

3/ Interestingly, longer-dated volatility hasn’t followed the same move higher.

That suggests the market isn’t necessarily pricing a large structural shift, but rather short-term instability.

More noise than panic.

Read 5 tweets

Menthor Q

@MenthorQpro

Feb 27

1/ If you just look at the index, everything seems fine.
$SPX is still hanging up near the highs.

No obvious panic. No obvious breakout.

But when you look underneath the surface, the tone is a little more nuanced. 👇🧵

2/ In true “melt-up” phases, you usually see a surge where hundreds of stocks get overbought at the same time. That’s crowd behavior.

That’s momentum feeding on itself.

We’re not seeing that kind of rush right now.

3/ Instead, participation looks rotational.

Some stocks get hot → cool off. Others take their place.

That creates movement without extreme overheating.

Read 7 tweets

Menthor Q

@MenthorQpro

Feb 26

1/ $SPX is still up near the highs and the trend hasn’t broken.

But if you zoom out a bit, you’ll notice the push behind this move isn’t as strong as it was before.👇🧵

2/ During strong trend phases, systematic funds (CTAs) tend to add exposure as price rises.

That creates a feedback loop:
Uptrend → more buying → stronger uptrend.

We saw that dynamic during prior acceleration phases.

3/ Now?

Price is still elevated but CTA positioning has been easing off.

That tells us the feedback loop isn’t as powerful anymore.

The trend isn’t being aggressively reinforced.

Read 7 tweets

Menthor Q

@MenthorQpro

Feb 24

1/ $SPX positioning update (multi-expiration view).

Instead of focusing on one date, this chart shows where options positioning sits across several expirations near term and further out.

Spot is ~6840. Here’s what stands out 👇🧵

2/ Across the first few expirations (this week):

• Put support clusters near 6800
• Call resistance builds around 6925–7000
• Overall gamma skew slightly negative

Translation: the market is sitting close to a pressure point.

3/ Why 6800 matters:

There’s consistent put positioning stacked there across expirations.

When multiple expiries share the same support level, it often becomes a short-term “line in the sand.”

Lose it → moves can accelerate.
Hold it → price can stabilize.

Read 7 tweets

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Share this page!

Enter URL or ID to Unroll

Menthor Q

Try unrolling a thread yourself!

More from @MenthorQpro

Menthor Q

Menthor Q

Menthor Q

Menthor Q

Menthor Q

Menthor Q

Did Thread Reader help you today?

Don't want to be a Premium member but still want to support us?

Send Email!