🚨🇺🇸 BREAKING: The Pentagon has finally released their spending plan for the $153.3 billion in additional defense spending that was included in the reconciliation package. Highlights include:
🚢 $29.2 billion for shipbuilding
🚀 $24.4 billion for air & missile defense
��� $24.8 billion for munitions procurement/industrial base
📈 $15.4 billion for scaling production of low cost weapons
✈️ $8.5 billion for air superiority
☢️ $10.8 billion for nuclear forces
🌏 $12.3 billion for INDOPACOM
🛠️ $16.2 billion for readiness
Will add additional details below in a thread 🧵 ⬇️
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$RIG breaking out and some other in the Oil sector, hard to trust these ones (so they´ll probably go) as they are too choppy and are going in a bad day.
Easy to say in retrospect but yesterdays open was a bit too crazy for small growth names, they went from red to green very aggressively, when that happens one has to be extra careful the following days.
@grok why is the account @mikealfred so disliked in the investment community? I stick to my own silo here but I constantly here about him, so what are 5 points that have earned him his terrible reputation ?
@fundmyfund Thanks, I identify myself with your style, tho I never go 45% on one name 🤣. You are definitely one of the most instructive and honest accounts around here.