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Wall Street, NY
Joined October 2011
From @JDePorre today on $SPCX: Many investors dislike (Musk) and some are betting against it (SPCX). A stock that a lot of people are rooting against has a built-in bid when the news is good, because the people short it have to buy to cover. Read more at: pro.thestreet.com/trade-idea…
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TheStreet Pro retweeted
Paul Tudor Jones on @CNBC says the two-tiered market is exactly like the 1999-2000 market. Maybe but the main thing i recall from the internet bubble was the wild trading in many smaller stocks. I don't recall the big-cap dominance at all. We had Yahoo, Cisco, and JDSU, but there was tons of speculative garbage, and we don't seem to have that now. My memory is clouded because I wasn't very experienced back then but the AI bubble seems very different.
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Some big bank names this week. Visit pro.thestreet.com/ for more. #earnings #stockmarket #bankstocks
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As AI transitions to SI-Super Intelligence- @RevShark discusses the S-Curve framework around innovation and where to invest. Thanks Rev for the awesome background info as we start the 3rd curve. $META $CRCL pro.thestreet.com/market-com…
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Amid a Lack of Market Leadership, I’m Eyeing These 2 Stocks I’m adding to this oil play and biopharma stock as the market sees some strange and broad-but-shallow action Tuesday. pro.thestreet.com/trade-idea…
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TheStreet Pro retweeted
The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent, in support of the Federal Reserve’s dual mandate. The Committee is continuing its policy of maintaining ample reserves in the banking system. Economic activity is expanding at a solid pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient. Productivity growth is strong, and capital investment is robust. Job gains have kept pace with the workforce, and the unemployment rate has changed little. Inflation remains elevated. Today’s policy action will support a timelier return to the Committee’s 2 percent goal. The Committee will deliver price stability.
There is the quarter-point hike, and the dot plot indicates another is coming this year. Initial reaction is negative
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Replying to @TheStreetPro
@TheStreetPro Remembering 9/11 and a Great Man * On this day, as has been the case for the past 25 years, my eyes remain full of tears. * The losses are still surreal, those wounds remains fresh and, especially today, it doesn't get easier as time goes by. In the last few years we've seen: - The plot to kidnap Gretchen Whitmer - The storming of the Capitol and pipe bombs left at the RNC and DNC - The break-in to kidnap Nancy Pelosi and the brutal attack on Paul Pelosi - Multiple assassination attempts on President Trump - the assassination of Minnesota's House Speaker Melissa Horman and her husband - The shooting of State Senator John Hoffman and his wife - Luigi Mangione's assassination of Brian Thompson - The assassination of Charlie Kirk "Political violence is contagious. It is spreading. It is not confined to one side or belief system. It should terrify us all. The foundation of a free society is the ability to participate in it without fear of violence. Political violence is always an attack against us all. You have to be blind not to see that." - Ezra Klein I repost this opening missive annually with a heavy heart... Death leaves a heartache that no one can heal but love leaves a memory no one can steal. "What do you want me to do, To watch for you while you're sleeping? Well, please don't be surprised when you find me dreaming too; It's just a box of rain, I don't know who put it there. Believe it if you need it, Or leave it if you dare; But it's just a box of rain Or a ribbon for your hair; Such a long, long time to be gone, And a short time to be there." - Grateful Dead, Box of Rain As many are aware, on every anniversary of the World Trade Center tragedy on Sept. 11, I honor my closest friend who was lost 25 years ago — Chuck "Brown Bear" Zion — as well as the other victims of the terrorist attacks that day. After 2 1/2 decades, it doesn't get easier... (Go To @thestreetpro for the rest of the column) @squawkbox @cnbcfastmoney @cnbchalftime @business @andrewrsorkin @saraeisen @BeckyQuick @SullyCNBC @guyadami @WhitneyTilson @Convertbond @tomkeene @lisaabramowicz1 @ferrotv @annmarie @peterboockvar @KeithMcCullough @Hedgeye_HGRO @Hedgeye_HGRO @Hedgeye_HELS @HedgeyeDJ @LanceRoberts @gnoble79 @carlquintanilla @TheJudgeCNBC
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