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Day: January 30, 2025
IBM on track for its biggest daily gain since January 18, 2001
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United Parcel Service (UPS) getting obliterated for its largest loss in history – Barchart
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Wow. $TSLA earned a record $2.8B in 2024 from selling carbon credits. As recently as 2020, the former CFO of the company warned not to lean too heavily on such revenues.
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The CNY Gold Price and Chinese Government Bonds have been walking a very similar path… This is an important chart because it highlights how the deflationary downturn in China has been a key driver of Gold strength (along with EM/China central bank buying of gold)
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News 📰 what does a news evening look like for traders 😎🤓🤩😂
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Fed Energy Minister Jonathan Wilkinson claims that no one, including senior Republicans, understands President Trump’s tariff threats to Canada. He maintains that the Trudeau government is handling negotiations correctly. With Trump’s Feb. 1 deadline approaching, brace yourself for a gapping Monday.
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…and why are the financial markets turbulent?…
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BOOM! “All the people here who are defending this current system and defending these pharmaceutical industry profits are taking huge amounts of money from the pharmaceutical industry.” – RFK Jr.
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Fmr President of Kenya on Trump cutting off foreign aid: “Why are you crying? It’s not your government, he has no reason to give you anything. This is a wakeup call to say what are we going to do to help ourselves?”America first is good for the world.
Fmr President of Kenya on Trump cutting off foreign aid: “Why are you crying? It’s not your government, he has no reason to give you anything. This is a wakeup call to say what are we going to do to help ourselves?”America first is good for the world. submitted by /u/glira31 [link] [comments]
The Kobeissi Letter: US existing home sales dropped to 4.06 million in 2024, the lowest since 1995. In 1995 the US had ~70 million fewer people. Annual sales declined for the 3rd consecutive year, matching streaks during the 2006 housing bubble burst and the 1990s and the 1980s recessions.
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Saylor on Forbes. I feel like I’ve encountered this before…
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“Earnings don’t matter when Trump is your friend” – Incredible headline for Tesla (TSLA) – Barchart
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Observing most posts to this subreddit
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President Trump: “FAA says people with severe disabilities are underrepresented in workforce. And they want them in. And they can be air traffic controllers. I don’t think so.”
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Nvidia (NVDA) extends decline, now down -9% from yesterday’s high. The stock is now trading at the post-DeepSeek lows.
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The only thing you need to know about today’s #ECB meeting. The ECB has cut its deposit rate to 2.75%, which is now lower than Germany’s inflation rate. For the 1st time since Sep 2023, the real deposit rate has turned negative again – meaning savers are losing purchasing power.
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Kash Patel: “Due process must be provided without bias to all Americans, and if we cannot provide due process to the worst, then there can be no due process for anyone, and our Constitutional Republic fails.”
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Gold prices surge to new all time high of $2840/oz, now up 40% in 12 months. TKL: “Gold is telling us something….”
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President Trump: “I speak to you this morning in an hour of anguish for our nation … As one nation, we grieve for every precious soul that has been taken from us so suddenly… and we are in mourning.”
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European Central Bank President says Bitcoin will not be included in any EU central bank reserves. “Reserves have to be liquid, reserves have to be secure, they have to be safe, and they should not be plagued by money laundering or other criminal activities.”
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Kash Patel will look out for ALL Americans: “I know what it feels like to have the full weight of the US government barreling down on you. I will ensure that no American is subjected to that kind of torment, financially and personally.”
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How should I invest in the new, not market based US economy?
Every CEO in America is now running their business at and for the pleasure of Trump. Trump can now end lifetimes of work in the private sector on a whim. This is big change in the investing world, from a mostly free and open market to a managed economy with a chaotic and spiteful single point of failure. I am used to looking at the fundamentals when determining how to invest. But now fundamentals have to take a backseat to the mood of one guy. What is your strategy for investing in non-market based economies? submitted by /u/Awkward_Forever9752 [link] [comments]
Coffee has now made new all-time highs in 6 consecutive trading sessions!! Absolutely painful
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📊 The Buffett Indicator, measuring the ratio of US stock market cap to GDP, has soared to unprecedented levels, exceeding 2 standard deviations above the norm. Historically, such spikes preceded significant market downturns.
📊 The Buffett Indicator, measuring the ratio of US stock market cap to GDP, has soared to unprecedented levels, exceeding 2 standard deviations above the norm. Historically, such spikes preceded significant market downturns. submitted by /u/YuR_UK [link] [comments]
These Democrat Senators are so scared of Kash Patel as FBI Director: Reporter: “Are there any circumstances where you could vote for him if he answers some questions satisfactorily?” Durbin: “I doubt it…He should not be the head of the FBI.”
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TSLA – Tesla shares rise 5.4% after CEO Elon Musk promises to start testing autonomous ride-hailing in June.
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That’s SOMETHING! Grayscale is debuting Grayscale Bitcoin Miners ETF (MNRS), an investment product offering exposure to Bitcoin miners and the BTC mining ecosystem, the company announced on Jan. 30.
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If Elon Musk’s takeover of Washington is anything like his takeover of Twitter, federal workers — and Americans — had better buckle up. His “slash first, ask questions later” management style has already been reflected in some of Trump’s biggest moves. – Axios
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LVMH CEO BERNARD ARNAULT: FRANCE ALSO NEEDS TO APPOINT SOMEONE TO SLASH BUREAUCRACY “I’ve just returned from the USA, as you so kindly noted, and I was able to see the wind of optimism prevailing in that country.”
LVMH CEO BERNARD ARNAULT: FRANCE ALSO NEEDS TO APPOINT SOMEONE TO SLASH BUREAUCRACY “I’ve just returned from the USA, as you so kindly noted, and I was able to see the wind of optimism prevailing in that country. And when you come back to France after spending a few days in the USA, it’s a bit of a cold shower, I must say. You get the impression that in the USA, you’re welcomed with open arms, taxes are going to drop to 15%, the workshops you can build in the USA are subsidized in a whole series of states, and the American president encourages this. The market is growing fast. Just look at the new boutique Pietro has opened in New York, which is an incredible success. Frankly, there are 100-meter-long waiting lines. It’s really quite exceptional. And yet, it’s very, very elitist. So when you come to France and see that we’re about to raise taxes by 40% on companies that manufacture in France, it’s almost unbelievable. So we’re going to tax Made in France. If you want to cool down optimism, it’s hard to beat that. It’s the ideal way to encourage relocation [of companies to other countries]. We offered other solutions. Obviously, bureaucracy [prevents that]. To do that, we’d have to do what they do in the U.S., appoint someone to slash the bureaucracy a bit. But as soon as you try to do that, you’re sued, it’s impossible.” Source: LVMH/Nouvel Obs, January 28, 2025 submitted by /u/XGramatik [link] [comments]