Joined May 2020
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The stock market peaked on September 3rd, 1929
Everyone is max bullish at the Dow Jones 125 year resistance trendline. Fascinating psychology $DOW
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They're going to make us fight WW3 aren't they...

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This is fascinating! @PatrickEBoyle says for the last 20 years the supply of shares on public markets has been shrinking thanks to buybacks & taking companies private As of last week the supply of shares on the US exchanges has stopped shrinking, putting downward price pressure
Dow Jones $DJI 125 year trendline update. What happens next?
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Conspiracy Theory: I think the Sultan is suggesting that $GME is about to buy Five Below $FIVE It matches Ryan Cohen’s public comments about targeting larger consumer businesses for these reasons: 1. Five Below sells trendy items, toys, and pop culture-adjacent goods. 2. GameStop’s recent eBay pursuit shows appetite for scaling in consumer/e-commerce spaces. 3. Five Below market cap is $11 billion but it's entering a major pullback so that could drop to $6 billion in the coming months. With $9 billion in cash, a 25% share price premium buyout is easily achievable for GameStop. Ryan Cohen's performance based 10% shares tranch #1 requires $20B market cap and $2B EBITDA. Combining the market caps of $GME $FIVE would be above $20B market cap. GameStop annualized run-rate is around $400–600 million range now. Five Below: EBITDA around $750–800 million. By combining both stores into one footprint the online retail business makes $2 billion EBITDA easily achievable post merger. Basically he doubles the profitability of both companies and gets his share unlocks. This also explains why he's closing so many lower performing GameStop stores. If GameStop purchased Five Below, closed most of its remaining GameStop stores and combined physical locations with both businesses, the annual savings would be anywhere from $600-$900 million. That puts Ryan Cohen over the $2B EBITDA performance requirement. This doesn't even take into account that both businesses have an online store, which means a larger online presence, traffic and supply chain efficiencies.
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Nasdaq $NDX stocks above the 200 day moving average remains on the 2024 trendline. A decision will have to be made shortly if it breaks the resistance or if it once again collapses.
The quickest way to get oil down to $50 a barrel is to have a stock market correction (flash crash) Here's an update of the 2000 Dot-com bubble overlaid on 2026 If they can trigger a selloff now it allows for a recovery into the Nov mid-terms with QE pumping markets & cheap oil
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The quickest way to get oil down to $50 a barrel is to have a stock market correction (flash crash) Here's an update of the 2000 Dot-com bubble overlaid on 2026 If they can trigger a selloff now it allows for a recovery into the Nov mid-terms with QE pumping markets & cheap oil
I divided the Dow Jones $DJI by M2 Money Supply, then compared the 2000 dot-com bubble against the current 2026 market pattern. This seems to suggest the stock market bubble peaks on the SpaceX IPO this week, then begins falling. 🤷‍♂️
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Some fantastic sleuthing into oil prices by @FoFtyTrader this weekend! We seem to agree this current oil pullback will precede shortages a massive oil price spike of $150 - $200 in 2027. People forget the same thing happened in 2008 when oil ran to $147 a barrel in 12 months.
US Oil fell to $85 today as the selloff accelerates following Trump's comments about a peace deal with Iran being close. $50 here we come.
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Elon has done great things, the problem is he's expecting baby boomers to pay for this one.

Well it's official, Elon Musk becomes the world's first public TRILLIONAIRE! Combining his two primary holdings ( $SPCX $TSLA ) and a closing price above IPO at $160.95, it gives Mr. Musk a combined net worth of approximately $1.32 trillion I wonder what he'll buy next?
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Financelot retweeted
Elon hates Sam. He'll do anything to destroy him, including bringing Dario into SpaceX $SPCX and buying Anthropic... One ring to rule them all.

BREAKING: Peter Thiel is set for a massive $50 billion windfall from the SpaceX IPO $SPCX after investing in the company nearly 20 years ago The world's most powerful billionaires can begin cashing out as early as the beginning of July 2026.
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