Oliver Renick @OJRenick Twitter profile | Pikagi

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Oliver Renick

@OJRenick

17,296

Followers

871

Following

6,913

Media

35,388

Statuses

Lead anchor @SchwabNetwork . Utility over entertainment. #CutTheCord . @CornellEng . Views my own. Disc:

https://t.co/qMCeaM0ldc

Joined July 2013

Don't wanna be here? Send us removal request.

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@OJRenick

Oliver Renick

7 days

The 10Y has been stuck at 4.65% for three weeks, and yesterday's ISM disaster presents a new possible economic outcome that might limit upside in yields. So bonds went yellow on my radar. Dollar can still stay bid though, esp if mkts "de-risk:"

@SchwabNetwork

Schwab Network

7 days

Semiconductor selling, an unsure FOMC, and a downright shocking ISM report make today the 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗱𝗮𝘆 𝗼𝗳 𝘁𝗵𝗲 𝘆𝗲𝗮𝗿, argues @OJRenick . 🚦 Two changes on his #RiskRadar , one more surprising than the other:

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@OJRenick

Oliver Renick

3 years

This is the airport in Cancun right now. Good luck with your bonds at 1%

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@OJRenick

Oliver Renick

4 years

One thing that's different between now and the Great Depression is that a lot of people are buying $2000 bicycles

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@OJRenick

Oliver Renick

3 years

My god people are really already making the case for the Fed to rescue the bond market. This is how the bitcoiners win.

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@OJRenick

Oliver Renick

2 years

The good news is, stocks are getting cheaper. Price/Sales of the S&P 500 is now just 20% above the dot-com level.

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@OJRenick

Oliver Renick

3 years

Not even in Vegas yet and ppl already flaunting

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@OJRenick

Oliver Renick

4 years

How is the Pelosi intvw not trending on twitter?

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@OJRenick

Oliver Renick

2 years

What was it like trading the Covid bubble, dad? One time this guy went on TV without knowing what his stock pick did, & when people called him out on it he started posting videos of himself shooting guns from his Lambo with his hot wife inside. The stock dropped 90% (so far)

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@OJRenick

Oliver Renick

4 years

IMO the death of business travel is an absurd narrative. The point of business travel is not efficiency, productivity or anything like that. It's to get drunk with random people in cool places, and that's gonna be in even higher demand post-COVID.

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@OJRenick

Oliver Renick

7 months

You know what's funny is the older you get, the longer you're in the market, the more you realize one thing really is true: the bond guys definitely are smarter

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@OJRenick

Oliver Renick

4 years

shorting $TSLA @elonmusk

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@OJRenick

Oliver Renick

3 years

Ok, for those who don't believe what they see on the internet... More from the #CancunAirport via //cubeinart// on Instagram. Safe travels everyone!

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@OJRenick

Oliver Renick

3 years

NFTs are such a self-own. If we actually had something else to show for blockchain, crypto ppl wouldn't be so eager to try and make them happen. Bitcoin remains the only thing that matters. Sooner ppl drop the NFT junk, sooner we figure out just how impt bitcoin is.

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@OJRenick

Oliver Renick

3 years

@ben_kew @John_Stepek I am implying that current expectations for the suddenness and intensity of economic recovery are underestimated. IMO this is more obviously bearish Treasury bonds than it is bullish stocks, but an argument can certainly be made for both.

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@OJRenick

Oliver Renick

10 days

copper going ballistic. Good thing it's not used for anything important.

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@OJRenick

Oliver Renick

6 days

Boom -- there it is. Citi Economic Surprise Index flips negative, lowest in 15 months, biggest weekly decline since April '23.

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@OJRenick

Oliver Renick

2 years

Perhaps Tesla is just a car company?

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@OJRenick

Oliver Renick

3 years

Got some fiat pizza for the team today

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@OJRenick

Oliver Renick

2 years

Wow, murderous stat

@BwkCapital

BWK Capital

2 years

According to Bloomberg, if today were the bear market bottom it would be the highest P/E for the SPX of any bear market low since at least 1957. Average bear market low P/E = 12.6x, current P/E = 17.9x.

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@OJRenick

Oliver Renick

2 years

Lmao how long has this @RampCapitalLLC tweet been hanging in our office

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@OJRenick

Oliver Renick

5 months

. @jam_croissant laying it ALL out there today. Timing for Vol low, when to prepare for blowoff top, and even gives an outlook on the 10yr ⏭️⏭️

@SchwabNetwork

Schwab Network

5 months

“𝙄𝙩'𝙨 𝙩𝙝𝙚 𝙛𝙡𝙤𝙬𝙨, 𝙨𝙩𝙪𝙥𝙞𝙙.” 🥐 @jam_croissant talks December OpEx, Powell’s pivot, and when the next window of weakness could open with @OJRenick :

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@OJRenick

Oliver Renick

4 years

OK I'll admit it, 8 different megacap companies rallying 5-8% each on rumors one of them is going to have the privilege of paying $50B for an unprofitable social media app with an identical twin feels maybe a tiny bit frothy

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@OJRenick

Oliver Renick

1 year

Without question the best sporting moment of the year

@Super70sSports

Super 70s Sports

@Super70sSports

1 year

As the year comes to a close, let’s take a moment to remember Rich Strike, at 82-1 odds, heading into the final turn of the Kentucky Derby in 17th place and then inexplicably channeling his inner Secretariat.

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@OJRenick

Oliver Renick

10 months

@NicholasJLevi @WaltHickey Conan should have said, in a Connery accent, "I wrote it in my diary so that I wouldn't *have* to remember."

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@OJRenick

Oliver Renick

1 year

There's just no way around the fact that if Elon really believes this, $TSLA is in huge trouble.

@elonmusk

Elon Musk

1 year

@BillAckman @federalreserve Fed needs to drop the rate by at least 50bps on Wednesday

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@OJRenick

Oliver Renick

2 months

Lmao, "tik toks still chill." You are 65, sir

@alx

ALX 🇺🇸

2 months

Mark Cuban: “𝕏 is such a cesspool now. It’s a sh*thole… Elon f*cked that sh*t up. Instagram’s still chill, TikTok’s still chill…”

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@OJRenick

Oliver Renick

3 years

I dunno man I've had 5G for two months now and nothing seems different at all.

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@OJRenick

Oliver Renick

3 months

Imagine thinking it matters whether the Treasury sells $750 billion or $800 billion.

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@OJRenick

Oliver Renick

6 years

@RMac18 have to admit i also am generally sketched out by old single white guys who constantly go to Thailand.

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@OJRenick

Oliver Renick

4 years

This is a good profile of @joerogan but could be summed up a lot faster if NYT had the capacity to introspect. It's called honesty. He's crushing traditional news because journalists turned into activists a long time ago & ppl finally got sick of it

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@OJRenick

Oliver Renick

6 years

"Fed is killing the market." Exhausting. Kinda the point. If 2.25% spurs this kind of unwind then by all means get the cleansing underway sooner than later. If you're angry higher rates are spurring volatility I'm not sure you get the rules of the game.

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@OJRenick

Oliver Renick

3 years

Interrupting usual programming to shout out my brilliant girlfriend who, when I met her four years ago, barely spoke English and is at this moment graduating Ivy League with IB offer in hand at a bulge bracket bank. BOOM. Congrats T!! 🎉🎉🎉

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@OJRenick

Oliver Renick

2 years

@RampCapitalLLC @cullenroche Manual labor? All good I'll just move

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@OJRenick

Oliver Renick

5 years

Easily one of the most powerful discussions I’ve had on any market concept. Some enjoyable logical sparring, @AriDavidPaul . 🤝

@SchwabNetwork

Schwab Network

5 years

MUST-WATCH: @AriDavidPaul and @OJRenick have a spirited discussion about the effect of #bitcoin miners shutting down amid the #crypto selloff. #CryptoWhatsNext 📺 Full 22-minute interview here: 📍 @Nasdaq MarketSite

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@OJRenick

Oliver Renick

4 months

Deeper than just ~~sell-the-news~~ With spot ETFs here, there is no remaining wall to break down to reach the masses. Bitcoin's decade-long "adoption" narrative is over, and without cash flows or portfolio diversification, there's no reason for HODLRs to stick around:…

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@OJRenick

Oliver Renick

3 years

Feels like we're a week away from country music getting banned

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@OJRenick

Oliver Renick

3 years

@JStein_WaPo i'm reminded of something from political philosophy, oh yes here it is

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@OJRenick

Oliver Renick

1 year

@elonmusk You keep saying recession's around the corner but also that Tesla demand is robust. How does that add up?

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@OJRenick

Oliver Renick

14 days

@netcapgirl there really should be a separate Feed that just Kendall-fies all important earnings events

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@OJRenick

Oliver Renick

4 years

my god the bears were right

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@OJRenick

Oliver Renick

1 year

Regional banks crashing due to liquidity constraints and financials selling off but stocks firm because economic data was *worse* than expected. Market completely lost its mind.

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@OJRenick

Oliver Renick

4 years

ok let's all just take a deep breath here

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@OJRenick

Oliver Renick

1 year

OR MAYBE like this

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@OJRenick

Oliver Renick

30 days

Pssst - hey, kid - wanna buy some commercial real estate?

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@OJRenick

Oliver Renick

2 years

Lol oh *nows* the time to play hardass. Some of us knew this day 1 and chose to warn our viewers instead of creating a platform for hucksters to pump and dump their bags

@ScottWapnerCNBC

Scott Wapner

@ScottWapnerCNBC

2 years

It’s not a store of value or an inflation hedge, or digital gold, or replacing the dollar, or 99 of the other nonsensical things the most hardened hypesters said. It’s a highly speculative “asset” class directly correlated to the highest of risk assets.

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@OJRenick

Oliver Renick

3 years

seems fine

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@OJRenick

Oliver Renick

4 years

Lesson learned: believe the tech rallies, not the retail ones.

@OJRenick

Oliver Renick

4 years

if you're rooting for a robust lasting rally this is probably not the leadership you're looking for. Tech basically unch on the day. Retail and energy will certainly be the short-term high beta play but really requires the best case scenario to take shape to change narrative

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@OJRenick

Oliver Renick

3 years

I still haven't seen any of these articles connect the dots between the "fire sale" and the huge Friday ramp. It's all framed as a big margin call+liquidation.. how does that factor into Qs ripping above a technical level they struggled with all week?

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Tiger Cub Hwang’s Family Office Behind Friday Trade Frenzy

www.bloomberg.com

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@OJRenick

Oliver Renick

5 years

Bitcoin crashing to levels unseen since this morning

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@OJRenick

Oliver Renick

3 years

*Tweets fire market content daily* 3 new followers *Tweets picture of airport* 1 zillion new followers Some algo you got @jack

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@OJRenick

Oliver Renick

3 years

The $VIX refuses to break 20 despite printing all-time records. When it does, it may be as good a sign of the top as any. Here's why:

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@OJRenick

Oliver Renick

3 years

so Elon just YOLO'd $TSLA's balance sheet? Bought btc, it pumped on the news, and then they sold 20%.... wild

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@OJRenick

Oliver Renick

1 year

slight exasperation by Powell in addressing the notion that rates were responsible for the Tech Bank Collapse, & rightly so. SV speculators, crypto bros & the whole ilk said Fed couldn't/wouldn't hike + stonks only go up! >> narrative blew up, then they blame Fed. Joke.

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@OJRenick

Oliver Renick

2 years

@billmaher @elonmusk Maher > Colbert Musk > Jack US > China Ukraine > Russia Profits > Promises 😬 world starting to make sense again in a hurry

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@OJRenick

Oliver Renick

3 years

It's pretty clear to me Elon's primary motive for some time now has been popularity and social acceptance. There are some insecurities that no amount of wealth can fix. I say this as a meganerd who was regularly excluded as a kid (until a lucky growth spurt). GL tn @elonmusk

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@OJRenick

Oliver Renick

13 days

Another fun session with Cem, lotta macro. Short-term stuff at the end

@SchwabNetwork

Schwab Network

13 days

𝙁𝙚𝙙 𝙡𝙚𝙫𝙚𝙧𝙨 & 𝙢𝙖𝙧𝙠𝙚𝙩 𝙡𝙞𝙦𝙪𝙞𝙙𝙞𝙩𝙮 💧 🥐 𝗟𝗜𝗩𝗘: @jam_croissant joins @OJRenick with his latest crumbs, detailing where he sees markets & volatility heading over the coming months:

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@OJRenick

Oliver Renick

2 years

The 10-year/3-month Treasury yield spread is in complete freefall:

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@OJRenick

Oliver Renick

3 years

@TheStalwart

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@OJRenick

Oliver Renick

3 years

been talking to 20-50 PMs a week, every week for something like 7 years. I've *never* had this many contacts bullish energy $XLE $XOP. It's like everyone got the same memo ~ 10 days ago

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@OJRenick

Oliver Renick

4 years

So good to be out of the chaos, disconnected, not thinking about markets, relaxing, taking off some TLT shorts, nature is healing

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@OJRenick

Oliver Renick

1 year

@VentureCoinist Dang, rare miss by the great Schatzker here. Should be pressing Griffin to explain what he thinks that implies

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@OJRenick

Oliver Renick

3 years

I'm sure it's a coincidence Elon came to his realization about bitcoin's energy consumption the same day its "inflation hedge" narrative completely imploded

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@OJRenick

Oliver Renick

2 years

Like most of Kevin Costner's filmography, Yellowstone is about 60% awesome 40% cringe. Started off as fiery Cowboy Sopranos meets Succession, then petered off to a Hallmark joke. Landscape porn keeping me around for Season 4.

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@OJRenick

Oliver Renick

3 years

How is this jobs number so low, I wonder during a 20-minute wait for an Uber that cost three times as much as it did a year ago. People don't want to work and don't need to.

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@OJRenick

Oliver Renick

3 years

@WinkyLand yes you do. you will

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@OJRenick

Oliver Renick

3 years

There's no reason to make $GME complicated. It's a bunch of people who want to get rich fast at a time when greed is rampant, speculation is gross and there's a huge amount of excess in the economy. Americans got richer despite the pandemic, and only want more:

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@OJRenick

Oliver Renick

3 years

Stopping by the bakery to see what @jam_croissant is cooking up before my panel with @CBOE and @Nasdaq at 5 here at #TradingShowChicago

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@OJRenick

Oliver Renick

2 years

@IMDb No interstellar? Is that a joke?

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@OJRenick

Oliver Renick

4 years

$JPM raises $TSLA PT to $275 lmao

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@OJRenick

Oliver Renick

2 years

nice rally. would be a shame if something happened to it

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@OJRenick

Oliver Renick

4 years

Worst week since 08 but last week felt like the bigger shock. Somehow. Thanks to @TDANetwork for their creativity & persistence. It wasn't too bad working from home but I'm beginning to worry my younger more handsome coanchor may steal the spotlight. Be safe everyone.✌️

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@OJRenick

Oliver Renick

18 days

Ok, how about @blockchain ? This is what an attempt to send 200 USD looks like. $16 purchase fee, then $111 to send remaining $73. Lmao

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@MMcBride_212

Booger

18 days

@OJRenick Don’t use Coinbase, we’ve been over this

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@OJRenick

Oliver Renick

3 years

Met a young guy this weekend who turned a few hundred bucks of $DOGE into a sizeable chunk of cash but says @binance won't let him withdraw to a bank and instant cards don't work. I've heard there were UK limitations but is there no bank transfer in US or is he missing something?

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@OJRenick

Oliver Renick

2 years

bell rang, everyone sold. $TSLA flirting with 800. $NDX really struggling to hold Jan lows here. What happens if we open that door lower? Looking fwd to our Spaces debut w/ @GarethSoloway and @AndySwan later at 12pmET

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@OJRenick

Oliver Renick

2 years

WOW, $AAPL is 7.5% of S&P now???

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@OJRenick

Oliver Renick

3 years

Tired: trading cryptos Wired: literal gambling

@VitalVegas

Vital Vegas

3 years

Las Vegas casinos broke records last night.

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@OJRenick

Oliver Renick

3 years

i'm sorry but market just looks exhausted, everywhere

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@OJRenick

Oliver Renick

2 years

It's pretty funny that coiners, the supposed stalwarts of self sufficiency and financial independence, are hugging their pillows right now hoping more government stimulus or "guys with infinite money" are on the way

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@OJRenick

Oliver Renick

3 years

@heavilyarmedc Not yet. But I have felt the force stirring in me since October.

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@OJRenick

Oliver Renick

3 years

they've been around for 15 years. There are 600,000 orders a day and 31M people on the app. People literally couldn't go to restaurants last quarter. If they can't make money now why will they ever

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@OJRenick

Oliver Renick

1 year

Does it get any better than this

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@OJRenick

Oliver Renick

6 years

quite the day for $XRP. Here's @CoryTV talking about xRapid w/us back in May. #crypto

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@OJRenick

Oliver Renick

7 months

@HPierre_ @jam_croissant He's on

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@OJRenick

Oliver Renick

3 years

Cathie dumping $AAPL to double-down on $COIN & $DKNG is like being down in poker and instead of waiting for the top of your range you start opening 79 suited and K5o for 4-5x

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@OJRenick

Oliver Renick

6 months

Cem sometimes gets haters for the emojis & whatnot but there's no denying his call on our show from late Oct nailed it to the price and day. Kudos

@SchwabNetwork

Schwab Network

6 months

"Knowledge is p̶o̶w̶e̶r̶ vol dampening" 🥐 After nailing the $SPX low to the day and the price, @jam_croissant is back with @OJRenick to share his outlook for volatility and options flows into year end:

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@OJRenick

Oliver Renick

3 months

$ABNB is now putting itself at a competitive disadvantage by not disclosing full cost up-front in listings. SEVENTY %% fee cost? Lol, waste of user time

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@OJRenick

Oliver Renick

7 years

@davidgura better than being a small-hands kinda guy

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@OJRenick

Oliver Renick

4 years

Many ppl refuse to recognize that the speed of the rally is in large part a product of how ridiculously bearish their own predictions were in March. When you set the bar at Zombie Apocalypse, the change in expectations is severe & pricing adjusts accordingly. Narrative matters.

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@OJRenick

Oliver Renick

3 years

@10yequivalent No, it's from a friend. It's real. It's from today. This is the airport people use to get to Tulum, which has been swarmed for months.

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@OJRenick

Oliver Renick

3 years

Have you talked to your cat about the selloff in bonds today?

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@OJRenick

Oliver Renick

3 years

LFG

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@OJRenick

Oliver Renick

2 years

@RampCapitalLLC legit trying to figure out what he might have meant by "it's a great asset"

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@OJRenick

Oliver Renick

3 months

terrifying earnings for bears

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@OJRenick

Oliver Renick

4 years

Sad that it took me this long to figure out how big my following could be if I were only bearish all the time

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@OJRenick

Oliver Renick

3 years

I bought this bed for my cat 4 months ago and he has refused to sleep in it but I refused to throw it out and just now BOOM

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@OJRenick

Oliver Renick

3 years

Mask-wearing is done, because nobody young is wearing masks, and everyone wants to feel young.

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@OJRenick

Oliver Renick

3 years

Printing stimmy checks to keep Americans out of homeless shelters is one thing; minting a $3-trillion escape hatch to allow inept politicians to evade their duty is an abuse of the public's trust. #MintTheCoin is a vulgar extrapolation of the MMT framework #TDMarketMinute

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@OJRenick

Oliver Renick

3 years

Good article by @M_C_Klein recapping Trumponomics but I think if you're going to attribute the economy's success mostly to The Fed you have to at least give a shout to POTUS for haranguing Powell in the public sphere basically hourly until he stopped hiking rates 🤷‍♂️

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@OJRenick

Oliver Renick

1 year

Moving in 6 months ago: "no worries I don't need to see the Sim, don't golf." One winter in Chicago later:

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@OJRenick

Oliver Renick

3 years

The 5-week RSI of the 10-year Treasury note is the lowest/most oversold in at least 20 years

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