BobTinker2.0

Private investor & trend trader for family account. Very long time trader. If all you do is retweet I won't follow you. 🚫 Crypto 🚫 DM's 🚫Dating

[BobTinker2.0 @Zimagain]

@LeoCapital_01 Using my backup account to follow those I already follow in my main account.

[BobTinker2.0 @Zimagain]

Admittedly it will be interesting to see how this all plays out with continued intervention and some level of control by the US as planned and stated in Trump's speech. But it will take years just to repair their oil infrastructure.

[Tracy Shuchart (��𝒽𝒾 ) @chigrl]

Before the futures market opens gap down, remember that:

Canada exports 4.3M bpd to the US. Venezuela's entire production is 23% of what Canada already ships.

The rebuild timeline is a decade minimum, likely longer. Rice University's Monaldi says at least 10 years and $100+ billion in investment to get back to 4 million bpd. PDVSA itself says $58 billion just for pipelines that haven't been updated in 50 years. That's before you drill a single new well.

Here's the part markets are missing: Trump doesn't control the oil. The VP who hates the US is in charge. No stable pro-Western government means no foreign investment. Nobody's pouring $100 billion into a country run by someone hostile to them. The whole supply increase story requires political stability that doesn't exist.

Canadian infrastructure is already built and connected. Alberta to US Gulf Coast and Midwest refineries through established pipelines. Those refineries are configured for Canadian heavy crude after decades of optimization.

Even if Venezuela eventually gets production up in the 2030s, it's the same heavy sour crude Canada produces. More heavy crude globally just validates continued investment in heavy crude refining infrastructure, which benefits Canada.

[BobTinker2.0 @Zimagain]

@SullyCNBC Agree it is a political issue primarily. Here in Northern VA data centers continue to be built at an astounding rate in Ashburn, VA (the data center capital of the world) with virtually no push back as they have already secured a place in the VA business tax base reliance.

[unusual_whales @unusual_whales]

JUST IN: The US now has more unemployed people than job openings for the first time since April 2021

[BobTinker2.0 @Zimagain]

@PeterSchiff Does anyone here understand what the "Crypto Reserve" is? Sec. Bessette this morningon CNBC explained that the government does not intend to BUY any crypto. The crypto they have is only a result of confiscated assets. That amount last year was $500B but Biden sold off $250B.

[BobTinker2.0 @Zimagain]

Thank you Inverse Cramer @CramerTracker for the downward pile on today. Cautiously took a small position buying the dip. Implement STOP LOSS Orders.

[Inverse Cramer @CramerTracker]

Jim Cramer last week: “Nvidia could be breaking out”

Nvidia today: down 17%, -$630B single largest loss of market cap

[BobTinker2.0 @Zimagain]

NO !!! Three already exist and they are very effective against H5N1. Thye were developed in 2007, 2013 and 2020. Why do we need a mRNA version? mRNA is what is making people sick !!

[BobTinker2.0 @Zimagain]

So Stop Oil demonstrators that sat in rush hour traffic, glued their hands to that asphalt, threw soup at priceless paintings and glued their hand to other paintings, EV activists predicting doom and gloom if the world didn't eliminate all gas powered vehicles didn't work? Hunh !

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

JPM 🛢

[BobTinker2.0 @Zimagain]

Loan rates on mortgages and auto loans are increasing, not decreasing. Are these the desired results the Fed wants with Fed Rate decreases? JPOW?

[unusual_whales @unusual_whales]

The rate on 48-month new auto loans has risen to 8.6%, per BI.

[BobTinker2.0 @Zimagain]

Another data point.

[Brian Sullivan @SullyCNBC]

Tried to rent an EV pickup but they said I had to return it fully charged.

Not ideal but not dealbreaker.

But then told me that many nearby chargers aren’t working or are super slow so many customers been complaining.

So I asked how many people are renting the electric truck.

“None. We are trying to get rid of it”

Work to do …

[Kevin Gordon @KevRGordon]

Russell 2000 at a new 52-week high with just 10% of its members at a new 52-week high

[Liz Ann Sonders @LizAnnSonders]

Both prices paid (blue) and received (orange) components in Empire Manufacturing Index turned higher in October, but are not yet back at worrisome levels

[unusual_whales @unusual_whales]

BREAKING: McKinsey, the consultancy firm, is nearing a deal with US prosecutors to pay at least $500 million to settle numerous probes into the firm’s past work with opioid makers

[unusual_whales @unusual_whales]

Raytheon, $RTX, agrees to a $950 million settlement over US defense fraud and Qatar bribery charges.

Raytheon from 2012 to 2018 defrauded the Defense Department $111 million more than it should have in two contracts to purchase RTX products

[Liz Ann Sonders @LizAnnSonders]

Initial jobless claims down to 241k vs. 258k est. & 260k prior (rev up from 258k); continuing claims at 1.867M vs. 1.865M est. & 1.858M prior (rev down from 1.861M) … greatest increases in GA (+3.1k), NY (+2.5k), and PA (+1.3k); greatest decreases in MI (-7.8k), FL (-3.4k), and OH (-2.5k)

[unusual_whales @unusual_whales]

The interest rate on credit card loans from commercial banks has risen to 21.7% , the highest rate recorded in at least the last 20 years, according to Federal Reserve data.

[unusual_whales @unusual_whales]

"Rate cuts were supposed to push mortgage rates lower. The opposite has happened," per BI

[unusual_whales @unusual_whales]

Home insurers are arguing for a 42% average rate hike in North Carolina after the hurricanes, per AP.

[Liz Ann Sonders @LizAnnSonders]

MBA mortgage applications fell by 17% in most recent week ... largest drop since April 2020
⁦@MBAMortgage⁩