BREAKING:
Senator Lummis just made it clear.
"Get the crypto bill through Congress and onto the President's desk."
The CLARITY Act is on the Senate Legislative Calendar.
Calendar No. 423.
Five of nine steps to becoming law. Done.
Banks tried to kill it. Failed.
Brian Armstrong tried to kill it. Twice. Failed.
Jamie Dimon said he'd fight it. Losing.
The most important crypto bill in history.
Is moving toward Trump's desk.
Be positioned before the signature.
๐จ JUST IN: The Donald Trump economy MORE THAN DOUBLES job expectations, CNBC VISIBLY STUNNED
Last month's jobs REVISED UP by tens of thousands!
"+172,000! Last month, we had a revision from 115,000 to 179,000 which means the two month revision has got to be over 90,000!"
"So that is a good number even manufacturing posted a 7,000 job gain...these are solid numbers!" ๐ฅ
LFG!
@carleygarner BTC was more closely tied to specifically to NVIDA because back in the day you needed video cards to mine bitcoin. That correlation is gone for a while. This sell off is based on a BTC 4 year cycle that no longer exist. It is a fake sell of.
This week I've been on Schwab Network and Bloomberg talking about the $92.00 pivot price in oil; this is the chart I was referring to. Friday's mid-$80s low matched the early-May low. As long as prices stay above $92.00, the bulls have an edge until we see the top of the trading range near $108. This switchback pattern will likely persist until ships begin moving through the Strait. However, Venezuela is slowly but surely coming online and could add an additional 300k to 500k barrels per day by 2027. OPEC has been increasing production quotas, and with the UAE leaving the cartel, there will be an incentive for others to follow. Those leaving are doing so because they want the freedom to produce more. Lastly, US oil rigs are trickling online; last week, 4 rigs were added, bringing the total to 429, and production is just under all-time highs. When the Strait finally opens, we expect a supply glut to push prices to pre-war levels, and potentially much lower. #oil #crudeoil #war #iranwar #iran #straitofhormuz #hormuz #energy