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UST depeg summary: WHY AND WHAT CAUSED UST DEPEG?
Hint is in Anchor protocol and the status of Curve UST pool. @anchor_protocol @terra_money
@terra_money 1/ There were series of notable events that happened during the recent UST depeg event.
In this thread, I will share my thoughts on what caused the depeg.
@terra_money 2/ May 7th, 2022. 9 pm was the time that starts the depeg event.
First, UST deposits in Anchor protocol started to exit, which means more circulating UST in the market → sell pressure.
@terra_money 3/ Simultaneously, 150M UST was withdrawn from Curve wormhole UST3CRV pool followed by large UST → USDC swap that caused significant imbalance between UST(85%) and 3CRV(15%) in the pool.
@terra_money 4/ However, some address made series of transactions to restore the balance in the Curve pool. Here are lists of relevant transactions.
https://t.co/gx9nr7kNcN (05-08-22, 02:30 AM)
https://t.co/bPKhvgfT72 (05-08-22, 02:40 AM)
https://t.co/8Yd056olrL (05-08-22, 03:00 AM)
Hint is in Anchor protocol and the status of Curve UST pool. @anchor_protocol @terra_money
@terra_money 1/ There were series of notable events that happened during the recent UST depeg event.
In this thread, I will share my thoughts on what caused the depeg.
@terra_money 2/ May 7th, 2022. 9 pm was the time that starts the depeg event.
First, UST deposits in Anchor protocol started to exit, which means more circulating UST in the market → sell pressure.
@terra_money 3/ Simultaneously, 150M UST was withdrawn from Curve wormhole UST3CRV pool followed by large UST → USDC swap that caused significant imbalance between UST(85%) and 3CRV(15%) in the pool.
@terra_money 4/ However, some address made series of transactions to restore the balance in the Curve pool. Here are lists of relevant transactions.
https://t.co/gx9nr7kNcN (05-08-22, 02:30 AM)
https://t.co/bPKhvgfT72 (05-08-22, 02:40 AM)
https://t.co/8Yd056olrL (05-08-22, 03:00 AM)
Most Popular on 10th of May, 2022
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Took me 5 years to get the best Chartink scanners for Stock Market, but you’ll get it in 5 mminutes here ⏰
Do Share the above tweet 👆
These are going to be very simple yet effective pure price action based scanners, no fancy indicators nothing - hope you liked it.
https://t.co/JU0MJIbpRV
52 Week High
One of the classic scanners very you will get strong stocks to Bet on.
https://t.co/V69th0jwBr
Hourly Breakout
This scanner will give you short term bet breakouts like hourly or 2Hr breakout
Volume shocker
Volume spurt in a stock with massive X times
Do Share the above tweet 👆
These are going to be very simple yet effective pure price action based scanners, no fancy indicators nothing - hope you liked it.
https://t.co/JU0MJIbpRV
52 Week High
One of the classic scanners very you will get strong stocks to Bet on.
https://t.co/V69th0jwBr
Hourly Breakout
This scanner will give you short term bet breakouts like hourly or 2Hr breakout
Volume shocker
Volume spurt in a stock with massive X times
Its the weekend!
Grab a cup of coffee, today I will tell you about all the tools and services I use in my investing journey
Some are free, some are paid but all of them are guaranteed to deliver value
Lets dive right in!
Service # 1
Name: @Regulation30
Type: Paid
Regulation30 is my go to source to hunt for exchange filings that are worth studying further
This is also the source where I get lot of special situation ideas that aren't that widely known
Every day thousands of filings are made over the exchange, among them only a handful are worth studying
Regulation 30 filters out the noise and sends me a daily email of every exchange filing that is worth reading
Here is a snapshot of the email they sent me yesterday
Apart from the newsletter, there is a Slack community where founders of Regulation30 routinely share great insights into less known companies
Service # 2
Name: CapTwist
Type: Free
Wouldn't it be cool if you could search across all exchange filings of all companies via keywords or phrases and join them together as a theme?
Well, CapTwist does just that!
https://t.co/9mwFRPZkws
Grab a cup of coffee, today I will tell you about all the tools and services I use in my investing journey
Some are free, some are paid but all of them are guaranteed to deliver value
Lets dive right in!
Service # 1
Name: @Regulation30
Type: Paid
Regulation30 is my go to source to hunt for exchange filings that are worth studying further
This is also the source where I get lot of special situation ideas that aren't that widely known
Every day thousands of filings are made over the exchange, among them only a handful are worth studying
Regulation 30 filters out the noise and sends me a daily email of every exchange filing that is worth reading
Here is a snapshot of the email they sent me yesterday
Apart from the newsletter, there is a Slack community where founders of Regulation30 routinely share great insights into less known companies
Service # 2
Name: CapTwist
Type: Free
Wouldn't it be cool if you could search across all exchange filings of all companies via keywords or phrases and join them together as a theme?
Well, CapTwist does just that!
https://t.co/9mwFRPZkws
Most Popular on 6th of May, 2022
How to find Relative Strength with Moving Averages
A thread🧵🧵🧵🧵
Like and Retweet
Stocks showing Relative Strength their
Shorter Period Moving Averages(say8,13)
would be either distancing away or Smallest period(8) MA line would be above or
converging towards a Smaller period(13) line but would be above it.
Example: See how they fared with CNX 500 #MRPL
#GSS(both running away defying market fall) while #Ghcl #Welcorp (resisting fall with market shown by converging ma but 8 ma line over 13 ma)
Compare it with stocks showing weakness
#Supriya #Intellect
Greater the difference b/w Moving Averages greater the Strength
A scanner to find stocks with help of MAs showing Relative Strength
https://t.co/Dt6n7iX3PT
Adjust the settings in the below scanner with 1.02/1.03 to find stocks in Higher Momentum
@sarosijghosh @VCPSwing
A thread🧵🧵🧵🧵
Like and Retweet
Stocks showing Relative Strength their
Shorter Period Moving Averages(say8,13)
would be either distancing away or Smallest period(8) MA line would be above or
converging towards a Smaller period(13) line but would be above it.
Example: See how they fared with CNX 500 #MRPL
#GSS(both running away defying market fall) while #Ghcl #Welcorp (resisting fall with market shown by converging ma but 8 ma line over 13 ma)
Compare it with stocks showing weakness
#Supriya #Intellect
Greater the difference b/w Moving Averages greater the Strength
A scanner to find stocks with help of MAs showing Relative Strength
https://t.co/Dt6n7iX3PT
Adjust the settings in the below scanner with 1.02/1.03 to find stocks in Higher Momentum
@sarosijghosh @VCPSwing