Rick Ross

Today’s Tom Sawyer

[The Kobeissi Letter @KobeissiLetter]

On today's stock market crash:

As an investor, on days like today, you have to ask yourself one question: What fundamentally changed over the last 24 hours?

The shift in the fundamental backdrop cannot be attributed solely to the Midterm Election results; markets had already largely priced in the outcome.

So, what changed between yesterday and today? What is the fundamental reason for today's decline?

One of the most likely catalysts is growing concern about a potential "ban" on AI, or at the very least, severe regulation of the industry.

Over the last 24 hours, Democratic lawmakers have publicly called for restrictions on advanced AI development, including an outright "ban on artificial superintelligence."

Frankly, an outright ban will not happen.

Such a ban, if even possible to enforce, would effectively mean the US surrendering its position in the global AI race to China.

Does this mean AI is "over" or today's stock market crash marks "the end?" Absolutely not.

Rather, we believe we are witnessing a sudden shift in sentiment colliding with excessive levels of leverage, potentially triggering forced liquidations by several major institutional investors.

Therefore, today's downturn is more technical than fundamental. This is not to discount the concerns around regulation, they are legitimate. But price action right now does not look orderly or rational.

We are in the midst of the biggest technological revolution in human history.

Zoom out and remain calm.

[Zach @ZPSteelers2]

When was a moment you knew the Steelers were going to lose and there was nothing you could do about it?

This was mine😭

[Andrew Fillipponi @ThePoniExpress]

Mason Magic: If Mason Rudolph throws a touchdown pass tonight. And the Steelers win. 3 followers will get a Mason Rudolph jersey. All you have to do is follow me and repost this tweet. Let’s welcome Rudolph back to Pittsburgh with a bang!

[Pittsburgh Scanner @pgh_scanner]

To demonstrate that CVS does accept currency for goods and services, we're giving away a $50 CVS digital gift card to two lucky winners. Must follow the account and RT. It'll be up for about a day. Random picker app will select the winners, we will DM with prize.

[stocksandrealestate @stocksandreales]

I HAVEN’T LOST IN 11 DAYS

12/23 $SPY CALL 570% ✅
12/24 $SPX PUT 530% ✅
12/26 $IWM CALL 1,700% ✅
12/30 $IWM CALL 500% ✅
1/2 $SPY CALL 250% ✅
1/6 $SPY PUT 1,300% ✅
1/6 $QQQ PUT 500% ✅
1/7 $SPY PUT 1,300% ✅
1/8 $SPY CALL 170% ✅
1/7 $IWM PUT 1,400% (discord) ✅
12/27 $IWM CALL 200% (discord) ✅
12/31 $IWM CALL 170% (discord) ✅
1/3 $SPY PUT 100% (discord) ✅

[Kevin Adams @KevinAdams26]

🚨 Let’s rally! Last home game. We likely wont see the boys on that field for 7 months. And we’re tailgating with Brett Fkn Keisel!

So LFG and give away 2 Steelers game/ @TerribleTailgat tix.

Wanna go?

RP/Follow
Winner 7pm Friday
Tailgate tix 👇🏽

https://t.co/kEFCISV91i

[Blitzburgh @Blitz_Burgh]

Mark Madden shreds the Steelers: “From AFC North front-runner in line for a playoff home game to hitting the road for the wild-card round. From “a legit Super Bowl contender that can beat anybody” to embarrassed and manhandled three times in a row by teams that are clearly superior. The defense isn’t elite. Russell Wilson’s Indian summer is over. Quotes from the players stop just shy of finger-pointing. The Steelers are masters of the surrender punt. It’s a classic Steelers collapse on par with 2018, ’19 and ’20. (It’s hard to be worse than 2020: From 11-0 to losing five of their last six, including a home playoff loss to Cleveland.) The citizens are experiencing lots of feelings and emotions. Even “Renegade” fell flat during the home loss to Kansas City on Christmas. Nobody should be surprised. It’s a truth that’s been there all along hiding in plain sight. This is exactly what figured to happen. The Steelers have a flawed roster. The Steelers are poorly coached.” #Steelers #NFL

[The Associated Press @AP]

In Alabama, the man frying chicken at KFC and the woman making beds at Holiday Inn could be a prisoner. The state earns millions leasing inmates to hundreds of companies, deeming them safe enough to work, but routinely denying them parole. https://t.co/m3TLq65lCg

[Kevin Adams @KevinAdams26]

After a few days of parking wars, the very fine people at Nova Place have offered us their Canal Lot at 334 Federal Street

To celebrate, let’s give away 2 Ravens Steelers game tix/Tailgate tix!

Repost/follow to enter! Winner Friday 7pm!

Tailgate tix 👇🏽
https://t.co/JIJizXzhNy

[Pop Crave @PopCrave]

Donald Trump on the cover of Vanity Fair.

[Jⱥy @dielikejay]

theres a nigga out there excited cause he think trump finna send his broke ass another check

[Rolling Stone @RollingStone]

Donald Trump — the twice impeached former president, Jan. 6 coup leader, convicted felon, adjudicated sexual abuser, and man who mismanaged the 2020 economic implosion and coronavirus disaster that killed more than 1 million people in this country — has convinced American voters to give him another term in the White House.

🔗 https://t.co/41sRvIxLmT

[Hater Report @HaterReport]

“THE BOSTON CELTICS ARE THE 2024 NBA CHAMPIONS”

[Leonardo Dicaprio Crumbled Under my Wrath @alexorlich]

That person that posts paddington in movies is so done

[Minnesota Timberwolves @Timberwolves]

gone but not forgotten.

RT and follow for a chance to win this 1 of 1 jersey.

[NFL @NFL]

Steelers agree to 3-year, $41M deal with LB Patrick Queen. (via @RapSheet)

[Damian Lillard @Dame_Lillard]

The casuals won’t be addressed but the trailblazers fans and city of Portland that I love truly will be … and they will be addressed truthfully. Stay tuned

Excited for my next chapter! @Bucks 🎟️

[Satan @s8n]

Spiderman : far from sober

[Pittsburgh Steelers @steelers]

Seems like a good day to win a signed GP jersey 👀

🔁 if ya want it

[Pittsburgh Steelers @steelers]

See yinz on Sunday 🫡

#HereWeGo | @budlight