We spend $200 B in 2025 to make $12 B in 2025. Please stop. Just stop.

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Hold through potentially Novem(B)er. Might be choppy but once Fed increases bond purchases and shutdown resolved likely by Decembull we should be good. Early next year get a better sense of when QE3 coming.

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Meta spending 70+b with nothing to show for it. Meta AI is more annoying then helpful. No cloud offering, no product starting to feel very like metaverse/reality labs. How low will it go?!?!?

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B E R S T H O T

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Just let UNH and BRK-B move up about $50 each first 🙌 Then Hindenburg away I guess. Whatever I don't do blue drugs anyways.

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brk/b looking like it's ready to feel froggy

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BRK-B reports on Saturday, he doesn’t like gamblers or what is this?

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SPY showing very weak selling pressure EOM but if we get a small pullback, it would be most likely in November. Small shutdown effects may manifest. But after Novem(B)er? Things should look very bullish again. December Fed will increase asset purchases by $40B per month. Shutdown probably will be resolved by then with backpay and flood of pent up spending. January we will start to get a clearer picture that next round of QE is coming sometime April-May to September of next year.

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its funny u get headlines like \> Trump Will Not Start Renegotiations With Canada and (a) yes he will (b) him saying this is literally part of the renegotiations[](https://x.com/LiveSquawk/status/1984286607768453211)

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lol-- it's not even intrinsic value for the spread. It's a 30 point spread, but he got 29.99 b/c they're so deep in the money. He was thinking he was slick getting it for a penny.

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