CoreWeave Stock (CRWV)

I added to my Nvidia ($NVDA) short at $225.29 and covered some of my CoreWeave ($CRWV) short at $87.26 Position: Short NVDA (VS), CRWV (VS)

Here are today’s things: * I added to my $SPY short at $767.18. * I added to ETF shorts $GRNY at $27.89 and $JOET at $46.10. * I shorted $JPM at $353.71. * I shorted more $CRWV at $89.06 and $NVDA at $212.04. Position: Short SPY (VS), GRNY (M), JOET (S), JPM (VS), CRWV (VS), NVDA …

I am back short CoreWeave ($CRWV) at $85.58. Position: Short CRWV (VS)

This chart is pretty good on tokens: https://openrouter.ai/rankings?view=month A few observations: * Looking at the chart, token UNITS interestingly seem to be really flattening overall. * Re chart later in this note, token pricing is cratering. In part because unit growth is slowing, in part because the current pricing is dis-economic for customers, and in part …

I have just covered the balance of my high-beta, high-tech short basket for a large gain: * $AMAT $569.74 (-$11) * $AMD $504.44 (-$25) * $CAT $889.10 (-$25) * $CRWV $72.67 (-$5) * $INTC $97.78 (-$5) * $MU $850.75 (-$55) * $SNDK $1440.64 (-$175) Position: None