Tony Holland
@tjholland.com
Full time trader and venture capitalist trying to find where all the traders went
Reposted by Tony Holland
You could add that there has historically been a long lag between europhia and the eventual market top. Again, investors should never assume that there's a tidy symmetry between sentiment at tops and bottoms. Investors get bearish all at once (bottom) but can remain bullish during long uptrends
December 4, 2025 at 9:05 PM
You could add that there has historically been a long lag between europhia and the eventual market top. Again, investors should never assume that there's a tidy symmetry between sentiment at tops and bottoms. Investors get bearish all at once (bottom) but can remain bullish during long uptrends
Reposted by Tony Holland
NAAIM exposure at 98.5, basically saying same as AAII.
On 10/31 they were at 100.5
On 10/31 they were at 100.5
December 4, 2025 at 4:24 PM
NAAIM exposure at 98.5, basically saying same as AAII.
On 10/31 they were at 100.5
On 10/31 they were at 100.5
Reposted by Tony Holland
The divergence in Gold and Bitcoin fund flows continues....
$GLD $IBIT
$GLD $IBIT
December 3, 2025 at 4:29 PM
The divergence in Gold and Bitcoin fund flows continues....
$GLD $IBIT
$GLD $IBIT
Reposted by Tony Holland
Chart of the Week - ETF Frenzy
Here's a chart that looks a little too weird to be true — but sometimes weird things happen when things get weird...
What's going on here: entrylevel.topdowncharts.com/p/chart-of-t...
Here's a chart that looks a little too weird to be true — but sometimes weird things happen when things get weird...
What's going on here: entrylevel.topdowncharts.com/p/chart-of-t...
November 24, 2025 at 10:49 PM
Chart of the Week - ETF Frenzy
Here's a chart that looks a little too weird to be true — but sometimes weird things happen when things get weird...
What's going on here: entrylevel.topdowncharts.com/p/chart-of-t...
Here's a chart that looks a little too weird to be true — but sometimes weird things happen when things get weird...
What's going on here: entrylevel.topdowncharts.com/p/chart-of-t...
Reposted by Tony Holland
Me in @opinion.bloomberg.com: New home prices are now lower than resale prices, a historical rarity, and a function of the new home market adjusting faster to market conditions than the resale market, and suggesting more downside risk to resale home prices in 2026: www.bloomberg.com/opinion/arti...
A Historic Housing Disconnect Is Forcing Prices Down
When new homes start selling at a discount to re-sale houses, it’s time to sit up and pay attention. Apollo Global Management’s Chief Economist Torsten Slok noted the anomaly in a recent note , the fi...
www.bloomberg.com
December 1, 2025 at 7:03 PM
Me in @opinion.bloomberg.com: New home prices are now lower than resale prices, a historical rarity, and a function of the new home market adjusting faster to market conditions than the resale market, and suggesting more downside risk to resale home prices in 2026: www.bloomberg.com/opinion/arti...
Reposted by Tony Holland
Silver is demonstrating unusual resilience, evidencing a powerful underlying trend. #PrincipleOfUnderlyingTrend
December 1, 2025 at 2:21 PM
Silver is demonstrating unusual resilience, evidencing a powerful underlying trend. #PrincipleOfUnderlyingTrend
Reposted by Tony Holland
GOLDMAN DESK: “.. it’s not yet time to worry about the inability of these companies to access capital. .. our work suggests the core hyperscalers can add around $700bn of financing before their net debt load is > 1x 2026 EBITDA.” [Pasquariello]
November 28, 2025 at 9:17 PM
GOLDMAN DESK: “.. it’s not yet time to worry about the inability of these companies to access capital. .. our work suggests the core hyperscalers can add around $700bn of financing before their net debt load is > 1x 2026 EBITDA.” [Pasquariello]
Reposted by Tony Holland
2.
“.. with that said, when you get under the hood of the public hyperscalers and neocloud names, it’s clear that not all balance sheets are the same.” 👀
“.. with that said, when you get under the hood of the public hyperscalers and neocloud names, it’s clear that not all balance sheets are the same.” 👀
November 28, 2025 at 9:20 PM
2.
“.. with that said, when you get under the hood of the public hyperscalers and neocloud names, it’s clear that not all balance sheets are the same.” 👀
“.. with that said, when you get under the hood of the public hyperscalers and neocloud names, it’s clear that not all balance sheets are the same.” 👀
Reposted by Tony Holland
US ADP EMPLOYMENT CHANGE WEEKLY ACTUAL: -13.5K VS -2.50K PREVIOUS
November 25, 2025 at 1:16 PM
US ADP EMPLOYMENT CHANGE WEEKLY ACTUAL: -13.5K VS -2.50K PREVIOUS
Reposted by Tony Holland
FITCH: PEOPLE WITH LOW CREDIT SCORES ARE FALLING BEHIND ON THEIR CAR EMI PAYMENTS MORE THAN EVER BEFORE 6.65% OF SUBPRIME AUTO LOANS ARE OVER 60 DAYS LATE, THE HIGHEST LEVEL EVER RECORDED
November 25, 2025 at 12:44 AM
FITCH: PEOPLE WITH LOW CREDIT SCORES ARE FALLING BEHIND ON THEIR CAR EMI PAYMENTS MORE THAN EVER BEFORE 6.65% OF SUBPRIME AUTO LOANS ARE OVER 60 DAYS LATE, THE HIGHEST LEVEL EVER RECORDED
Reposted by Tony Holland
Torsten fixed it: www.apolloacademy.com/the-daily-sp...
November 22, 2025 at 8:24 PM
Torsten fixed it: www.apolloacademy.com/the-daily-sp...
fun to read the replies.
Man, everything is so bleak, anyone got a fun fact or little bit of trivia they want to share
November 21, 2025 at 5:14 PM
fun to read the replies.
Reposted by Tony Holland
$ORCL now in a 44% drawdown, worst week since 2018.
Among the stock's worst b2b sessions since the dot-com crash. -14% Thurs-Fri
Basically UNCH from a year ago
Among the stock's worst b2b sessions since the dot-com crash. -14% Thurs-Fri
Basically UNCH from a year ago
November 21, 2025 at 4:04 PM
$ORCL now in a 44% drawdown, worst week since 2018.
Among the stock's worst b2b sessions since the dot-com crash. -14% Thurs-Fri
Basically UNCH from a year ago
Among the stock's worst b2b sessions since the dot-com crash. -14% Thurs-Fri
Basically UNCH from a year ago
Reposted by Tony Holland
Reposted by Tony Holland
A peppy, broad bounce at the open. 85% upside volume. Nvidia restores confidence in the AI-infrastructure food chain for now, though shares only back to a 10-day high.
Watching for potential friction overhead: A purely mechanical oversold index bounce often stalls near the 20-day moving average...
Watching for potential friction overhead: A purely mechanical oversold index bounce often stalls near the 20-day moving average...
November 20, 2025 at 2:57 PM
A peppy, broad bounce at the open. 85% upside volume. Nvidia restores confidence in the AI-infrastructure food chain for now, though shares only back to a 10-day high.
Watching for potential friction overhead: A purely mechanical oversold index bounce often stalls near the 20-day moving average...
Watching for potential friction overhead: A purely mechanical oversold index bounce often stalls near the 20-day moving average...
Reposted by Tony Holland
I know it’s too cute by half but .. American Express (in blue) separating from shares of Mastercard and Visa tells you a lot about this two-speed economy.
@cnbc.com $AXP $V $MA
@cnbc.com $AXP $V $MA
November 20, 2025 at 4:12 PM
I know it’s too cute by half but .. American Express (in blue) separating from shares of Mastercard and Visa tells you a lot about this two-speed economy.
@cnbc.com $AXP $V $MA
@cnbc.com $AXP $V $MA
Wowsa.
November 20, 2025 at 2:03 AM
Wowsa.
Reposted by Tony Holland
BREAKING: Nvidia $NVDA earnings
EPS $1.3 vs $1.26 expected
Revenue $57 Billion vs $55 billion expected
Nvidia has said that Blackwell sales are off the charts. Cloud GPUs are sold out.
Expects revenue of $65 billion next quarter (higher).
Live numbers: unusualwhales.com/earnings?for...
EPS $1.3 vs $1.26 expected
Revenue $57 Billion vs $55 billion expected
Nvidia has said that Blackwell sales are off the charts. Cloud GPUs are sold out.
Expects revenue of $65 billion next quarter (higher).
Live numbers: unusualwhales.com/earnings?for...
unusualwhales.com
November 19, 2025 at 9:27 PM
BREAKING: Nvidia $NVDA earnings
EPS $1.3 vs $1.26 expected
Revenue $57 Billion vs $55 billion expected
Nvidia has said that Blackwell sales are off the charts. Cloud GPUs are sold out.
Expects revenue of $65 billion next quarter (higher).
Live numbers: unusualwhales.com/earnings?for...
EPS $1.3 vs $1.26 expected
Revenue $57 Billion vs $55 billion expected
Nvidia has said that Blackwell sales are off the charts. Cloud GPUs are sold out.
Expects revenue of $65 billion next quarter (higher).
Live numbers: unusualwhales.com/earnings?for...
Reposted by Tony Holland
700 ETFs, guys.. $NVDA
November 19, 2025 at 7:01 PM
700 ETFs, guys.. $NVDA
Reposted by Tony Holland
The whoosh lower in the NDX and S&P 500 serving as a "catch-down" to the stuff that's been under pressure for weeks (crypto, small-caps, homebuilders), and the dip-buyers jumped in just above the September/October lows, the level everyone was watching as the lower end of the post-Labor Day range...
November 18, 2025 at 4:34 PM
The whoosh lower in the NDX and S&P 500 serving as a "catch-down" to the stuff that's been under pressure for weeks (crypto, small-caps, homebuilders), and the dip-buyers jumped in just above the September/October lows, the level everyone was watching as the lower end of the post-Labor Day range...
Reposted by Tony Holland
Bitcoin under $74k would be interesting - takes out the April low and the MSTR average acquisition cost
November 17, 2025 at 6:28 PM
Bitcoin under $74k would be interesting - takes out the April low and the MSTR average acquisition cost
Reposted by Tony Holland
Despite spike in $VIX the Nov-Dec futures are still slightly in contango. And rest of term structure looks orderly. Selloff not creating panic yet.
November 13, 2025 at 8:45 PM
Despite spike in $VIX the Nov-Dec futures are still slightly in contango. And rest of term structure looks orderly. Selloff not creating panic yet.
Really glad @mikezaccardi.bsky.social has joined us here - his stuff is really good.
November 13, 2025 at 1:23 PM
Really glad @mikezaccardi.bsky.social has joined us here - his stuff is really good.
Wowsa
Median Age of All US Homebuyers: 59 Years.
It was 39 in 2010.
Torsten at Apollo
It was 39 in 2010.
Torsten at Apollo
November 13, 2025 at 1:22 PM
Wowsa
Reposted by Tony Holland
There goes 90+ day credit-card delinquencies. New cycle high.
(via Kev Gordon)
(via Kev Gordon)
November 12, 2025 at 8:25 PM
There goes 90+ day credit-card delinquencies. New cycle high.
(via Kev Gordon)
(via Kev Gordon)