aggiebrad16 said:

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gougler08 said:

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BrokeAssAggie said:

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HASSETT: CANADA APPEARS TO HAVE MISUNDERSTOOD THE LANGUAGE IN TRUMP'S EXECUTIVE ORDER

— *Walter Bloomberg (@DeItaone) February 3, 2025

What?

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Yeah I have no clue what that means

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Not sure I 100% understand, but someone did come on CNBC this morning saying that the tariffs are meant to get Canada and Mexico on board with reducing the flow of drugs across the border. Mexico fully understands the reasons behind the tariffs, while Canada is acting like this is for no reason. The guy on CNBC pointed out that most major Canadian cities look a lot like San Francisco and are rampant with drugs and that flows to the US where there "were 100,000 fentanyl deaths last year, more than the entire Vietnam war"

Apparently this is Trump just trying to get their attention and take this serious.

Don't shoot the messenger.

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To piggyback on this, I had heard something either Friday or Saturday that there is hardly any drugs, at least fentanyl, coming across the Canadian border. I wasn't to say there was only like 40 lbs that were caught. (And yes, that's not a typo). So if that's the case, it can't really be the drugs that are the issue. The Southern border? Oh yes, we all know how bad that is. I'm wondering if the Canadian cities are so bad with drugs, it's because they are coming out of the US and not the other way around?

I have no idea, I just thought it was interesting on that stat in particular .

That's not true. Lots of people coming in too. Talk to anyone from upstate NY/vermont. It's a real problem.

ACHR - If you want to, you can go net free on the puts from Friday. I'm still waiting for minimum target $7.25 for first sale.

Yukon Cornelius said:

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That's not true. Lots of people coming in too. Talk to anyone from upstate NY/vermont. It's a real problem.

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I was talking about the drugs….not sure if you are talking people coming across or drugs

Edit: Mis-type

https://www.dea.gov/sites/default/files/2020-03/DEA_GOV_DIR-008-20%20Fentanyl%20Flow%20in%20the%20United%20States_0.pdf

My goodness...absolutely sick put volume on TSLA.

giddings_ag_06 said:

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Question for all of you that are seemingly "always able to buy". Do y'all have margin accounts or do y'all just carry a high percentage of cash? If the market takes a dump and you usually keep, say, 20% cash so you buy up stuff, if it keeps dropping at some point you don't have cash to keep buying. How do y'all seemingly always have cash on hand to load up on the rare, unexpected big drop days and weeks?

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my own personal response is that I keep around $20K in cash at all times and can move that into my brokerage in a few seconds.

so I can just move over a few thousand on days like today.

then the next pay period restock directly into my direct deposit account.

TTUArmy said:

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My goodness...absolutely sick put volume on TSLA.

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Countries gonna start going after Elon...

MACD rolling over on the weekly, bearish divergence(weekly and monthly), and a rare marubozu candle 2 weeks ago that got the 50% retrace last week before downward continuation.

TxAG#2011 said:

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TTUArmy said:

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My goodness...absolutely sick put volume on TSLA.

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Countries gonna start going after Elon...

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Yep. It was stated earlier that Canada is considering a 100% tariff on all Teslas and also considering canceling their Starlink contact in one of the provinces (BC maybe?)

PA24 said:

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Another great opportunity to show the wife my 5D chess moves of selling low and buying high.

Seriously thinking of writing a book.

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I hear you. I always tell mine that I don't want to have too much money. Never want to get complacent.

News? Everything spiking.

2mm volume on that 9:20 5 minute candle. Looks like due to news out of Mexico

I really want to log in and start buying things...but I think I'll just sit on my hands today and read about USAID nonsense.

Lots of red on my stock app.

BOIL is up 15% though. Not in it atm alas.

El_duderino said:

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Tariffs paused for a month with Mexico

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Which way? or both ways?

Looks like "Mexico paused tariffs for a month from now." That's all I see in the news feed for now. Pretty minimal

El_duderino said:

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Looks like "Mexico paused tariffs for a month from now." That's all I see in the news feed for now. Pretty minimal

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CNBC said tariffs against Mexico would be paused. Mexican President said they need some time to help with troops on the border

Puts some pressure on Trudeau

Heineken-Ashi said:

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How many people are going to get wiped if MSTR goes into the low $200's?

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I read this on Substack earlier this month.
I wonder how much vol is there in MSTR and what can be the downside?

https://moontower.substack.com/p/another-xiv-brewing-in-crypto

eta: the article "Moonshot or Shooting Star?..." is super wonky but it's pretty easy to get the gist if you have some fundamentals on vol and leveraged etfs

Brian Earl Spilner said:

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Well glad I bought more SOXL on the dip...

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Wish I could have jumped in

Boom

UPST - Can now use $59.29 as stop. Targeting $76.25-$89 range for the next resistance pivot. Could sell there and hope the next move down holds a higher low (no guarantees), or could just hang on. Below today's low and all bullish bets are off. Ideal target for top is still $115 range.

Thoughts on POWL before earnings?