Article
Banks Curb FOMO-Chasing Levered Bets On Korean Tech Firms
Banks Curb FOMO-Chasing Levered Bets On Korean Tech Firms
SK Hynix has been THE poster-child for 'Vol Up, Spot Up' FOMO-chasing over the past few months of exuberant semi-shortage panic-buying...
And volumes in levered Semi trades has been astronomical...
With SK Hynix standing out among the most-levered bets...
Driven by massive speculative momentum (margin loans at record highs)...
...which faced huge forced liquidations amid the recent volatility...
So it really should not be a surprise that Bloomberg reports that global banks are curbing hedge funds’ leveraged bets on Asia’s top chipmakers including SK Hynix and Samsung.
According...
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Israel Detains NY Congressional Nominee In West Bank Olive Grove, Sets Free After Learning Who He Is
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Some candidates kiss babies two weeks before an election. Brad Lander picked olives in the West Bank.
Lander, the former New York City comptroller and the Democratic nominee in deep-blue NY-10, posted this at 6:29am ET on Wednesday:
I've been detained by the IDF, along with a group of rabbis & volunteers. We were simply harvesting olives in a grove near Nehalim in the West Bank.
The occupation is a crime under international law. Harvesting olives...
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