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To my friends who buy stocks based on hype and tips:
A 10% drop needs 11.1% gain to recover
20% drop needs 25% gain
30% drop needs 42.9% gain
40% drop needs 66.7% gain
50% drop needs 100% gain
The bigger your loss, the harder it is to get back to even.
🚨 Big news
🇺🇸 The US military just took out two Iranian attack drones that were heading toward ships in the Strait of Hormuz.
This is the second time this has happened in a few days.
Not looking great for the markets...
US tech layoffs are getting worse. In May, 38,242 jobs were cut—the most since August 2024. Tech sector cuts are up 66% compared to last year, hitting 123,653 so far. That’s triple the next highest sector (transportation).
AI is the main reason for the 3rd month in a row. 3
The US gov is leaning more on private investors to fund its growing debt. Short-term Treasury debt has hit a record $8.3 trillion—doubled in 5 years. More bills mean more refinancing, making borrowing costs super sensitive to rates and demand. Foreign central banks are backing
BREAKING
Senator Cassidy has OFFICIALLY been defeated.
Congresswoman Julia Letlow & State Treasurer John Fleming advance to the runoff on June 27th.
This is a massive, devastating loss not only to Cassidy, but also to Senate Majority Leader Thune.
(Filmed this 2 days ago)
Sitting down?
Odds of Trump winning these states before counting stopped on election night…
GA: Up 8% and 83% in: 99%
PA: Up 16.2% and 64% in: 99%
Mi: Up 10.4% and 59% in: 97%
Wi: Up 4.9% and 82% in: 97%
Odds of losing all 4 states?
1 in 11.1 million or 0.000009%
Stolen.
🚨 MASSIVE DEVELOPMENT: President Trump announces oil and gas companies have informed him they're 100% DITCHING the Strait of Hormuz — and are picking Texas, USA instead
They like going through US better.
Imagine that.
"We've become very big on the filling station. We're a big filling station. And what's happening is, when this first, when people heard about losing Hormuz, they said, oh, this is, it's genius."
"They're finding other locations. And some of those people, I spoke to companies in countries. Some of those people are going to continue to go to Texas."
"They like it better. They said, it's an extra 45 minutes. They like it better. And it's sort of amazing, you know, it found its way."
"So a lot of people thought oil would go to $250, $300. It's not. I mean, today it's at less than a hundred."
"Think of that. Now, when this ends, you're going to see a drop like a rock."
🇺🇸🇺🇸🇺🇸
Democrat Rep. Pramila Jayapal admits that she is communicating with foreign countries to supply Cuba with oil, despite ongoing U.S. sanctions to limit oil imports.
Seems a little like treason to me.