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“There is strong, strong resistance at 60%. You can see right here, we are knocking all against it. And I can throw down a horizontal line. So we can see a little more clearly, couldn't pass this range. And so there's a decent odds that we will reject from this range. You see, we try to pass it there.”

“To me, that's the others chart. This looks at every crypto except the top 10. In my opinion, Bitcoin dominance is slowly getting skewed. It's becoming less and less accurate. The reason why, USDC, USDT. You do the others chart, it excludes USDC and USDT because it has everything outside of the top 10. This to me is a better bellwether for altcoins.”

“This historical metric looks at a previous all-time high. When it breaks the previous all-time high, how long does it take us to hit a low? And so this is the Pico bottom right here. And you can see we broke it right there. You can, you know, maybe a wick there, but basically 22 months later, 22 months later, that was a low.”

“If we pass the Clarity Act, it's bullish for all of crypto, but it's more bullish for DeFi and alt coins than it is for Bitcoin. And Senator Tom Tillis says we could solve some of the disputes this week. So non-zero-percent chance, Clarity Act is going to get some serious momentum. That is going to be not great for Bitcoin dominance.”

“Another reason we might see dominance tick higher, high federal rates. We might see high Fed rates. A lot of prediction markets are saying, you know, that the Fed is going to increase rates. Not typically good for altcoins. Typically, you know, you want to be a little bit less risky in that environment. However, the but, but Trump wants lower rates.”

“President Trump says the US has begun a blockade of Iranian ports. He's trying to get Tehran to open the Strait of Hormuz and accept a deal to end the war. We can't let a country blackmail or extort the world, because that's what they're doing. They're really blackmailing the world. We're not going to let that happen.”

“The Lebanese Red Cross says its paramedic Hassan Badawi suffered a direct strike by an Israeli drone while carrying out his humanitarian duty during an emergency response mission in Bint Jibail near the Israeli border. The area has been under invasion by Israel, which calls it a Hezbollah stronghold.”

“US. District Court Judge Darren Gales wrote that Trump had failed to allege sufficiently that the journal had acted with what's called actual malice, either knowledge of story is or failure to seek the truth. Gales found the journal had made numerous efforts to verify its reporting and included Trump's denial.”

“More than a thousand movie stars, writers, and directors declared their unequivocal opposition to the proposed Paramount merger with Warner Brothers Discovery In an open letter. A large swath of the industry came out against the $111 billion deal that would consolidate the two legacy studios, arguing it would reduce jobs in an already downsized Hollywood.”

“The NAR is revising its housing forecast down for the year. That's because the war with Iran has raised the cost of borrowing, and that sent mortgage rates up. The association went from rejecting a double-digit increase in existing home sales to just 4%. New home sales are projected to be flat.”

“We can't let a country blackmail or extort the world, because that's what they're doing. They're really blackmailing the world. We're not going to let that happen.”

“The Lebanese Red Cross says its paramedic Hassan Badawi suffered a direct strike by an Israeli drone while carrying out his humanitarian duty during an emergency response mission in Bint Jibail near the Israeli border. The area has been under invasion by Israel, which calls it a Hezbollah stronghold.”

“US District Court Judge Darren Gales wrote that Trump had failed to allege sufficiently that the journal had acted with what's called actual malice, either knowledge of story is or failure to seek the truth. Gales found the journal had made numerous efforts to verify its reporting and included Trump's denial.”

“More than a thousand movie stars, writers, and directors declared their unequivocal opposition to the proposed Paramount merger with Warner Brothers Discovery In an open letter. A large swath of the industry came out against the $111 billion deal that would consolidate the two legacy studios, arguing it would reduce jobs in an already downsized Hollywood.”

“The NAR is revising its housing forecast down for the year. That's because the war with Iran has raised the cost of borrowing, and that sent mortgage rates up. The association went from rejecting a double-digit increase in existing home sales to just 4%.”

“The post was deleted after many, including Trump supporters, criticized the imagery. Trump also said he won't apologize to to pope Leo after lashing out at the pontiff for his comments criticizing the war in Iran. Pope Leo called the president's threats last week to destroy Iranian civilization unacceptable.”

“The US Navy now restricting the movement of ships in and out of the Strait Of Hormuz, part of a blockade of Iranian ports announced by president Trump Sunday after peace talks with Iran produced no agreement. Iran has remained defiant, saying it will not surrender to threats from The US.”

“Democratic California congressman Eric Swalwell and Texas Republican Tony Gonzalez are stepping down from their house seats, both bowing to pressure to leave congress or face expulsion following sexual misconduct allegations.”

“The defendant is alleged to having traveled across state lines with the intent to both target an individual and a major technology company. This was not spontaneous. This was planned, targeted, and extremely serious.”

“The NAR is revising its housing forecast down for the year. That's because the war with Iran has raised the cost of borrowing, and that sent mortgage rates up. The association went from rejecting a double digit increase in existing home sales to just 4%.”

“Diplomats from both sides are meeting today to discuss a possible truce.”

“The central bank signaled it is in no rush to lower rates.”

“The justices are considering a case that could limit federal oversight.”

“Forecasters warn of heavy rain and possible tornadoes across the region.”

“The latest employment figures show a steady pace of hiring continues.”

“I'm kind of in shock. I wanted to feed Mundy and Tara close together. And so I fed Tara over here. She picked up her food and brought it right over to the fence line here so she could be eating with Mundy. So you tell me what that means. I think that is really good.”

“The dominant political story of the year has been the 270-day-long speakership of Representative Kevin McCarthy, whose slim majority in the House of Representatives has enabled a far-right rebellion to exert more weight over the lower chamber. The battle between the rebellious Freedom Caucus and McCarthy has been at the heart of an averted debt ceiling crisis and the annual budget debate nearly devolving into a government shutdown, all culminating in the removal of McCarthy on October 3rd.”

“2021's inflation surge moderated in 2023, while the Federal Reserve continued to raise its interest rates in the first half of the year. The Federal Reserve raises interest rates by 0.25% from 4.5% to 4.75% during its February meeting. This followed a period of intense focus on fiscal policy and banking stability after the failure of several regional banks.”

“The rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike conducted by Writers Guild of America and a SAG APTRA strike. These were part of a larger phenomenon of labor strikes across the country, in which such large diverse groups, such as Teamsters and Auto Workers won new contracts.”

“Mass shootings in 2023 have also continued in high numbers, with 528 occurring as of October 2 according to Gun Violence Archive. Events included a mass shooting inside a house in Enoch, Utah, where eight members of a single family were killed, and another at a dance studio in Monterey Park, California, where eleven people were killed following a Lunar New Year celebration.”

“I'm kind of in shock. I wanted to feed Mundy and Tara close together. And so I fed Tara over here. She picked up her food and brought it right over to the fence line here so she could be eating with Mundy. So you tell me what that means. I think that is really good.”

“They're recovering from the trauma that they experienced living in captivity. And for them to open up and trust you while you are there with them, helping them work through it, it's indescribable.”

“The dominant political story of the year has been the 270-day-long speakership of Representative Kevin McCarthy, whose slim majority in the House of Representatives has enabled a far-right rebellion to exert more weight over the lower chamber. The battle between the rebellious Freedom Caucus and McCarthy has been at the heart of an averted debt ceiling crisis.”

“The rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike conducted by Writers Guild of America and a SAG APTRA strike, these were part of a larger phenomenon of labor strikes across the country.”

“2023 also saw the roots of a global banking crisis arise out of four American regional banks, the two largest being Silicon Valley Bank and First Republic Bank. 2021's inflation surge moderated in 2023, while the Federal Reserve continued to raise its interest rates in the first half of the year.”

“The narrative is all about this big crypto summit that's happening at the White House. That starts on Friday. It's the first ever crypto summit at the White House. And the tokens that are recovering are the ones that are recovering around the summit. It's the USA coins that are actually starting to recover.”

“One of the theories out there is that Trump is trying to his best to reduce the interest rates before they start refinancing this debt. Imagine you're Trump and you've got $10 billion or $7 trillion of debt that needs to be paid in the next six months. If you don't repay it, effectively what happens is you need to refinance it, right?”

“This is again, this is a negotiation tactic. You start off by imposing the tariffs. Once the tariffs have been imposed, then you start the negotiation, then you start getting what you actually want. But as I said to you, as this happens, what happens is that the markets actually start taking a hit.”

“Tariffs do not create inflation. Printing money creates inflation. You have a balanced budget, there can't be inflation. It doesn't mean one product could be more expensive, and one product could be less expensive. China has the highest tariffs in the world... and they don't have inflation.”

“The Dixie is, it's almost like crashing down. It's at 104.5, which is huge. What that means is that that means that the market believes that interest rates are gonna be coming down soon. That's pretty much what the market is telling you.”

“I'm kind of in shock. I wanted to feed Mundy and Tara close together. And so I fed Tara over here. She picked up her food and brought it right over to the fence line here so she could be eating with Mundy. So you tell me what that means. I think that is really good.”

“The dominant political story of the year has been the 270-day-long speakership of Representative Kevin McCarthy, whose slim majority in the House of Representatives has enabled a far-right rebellion to exert more weight over the lower chamber. The battle between the rebellious Freedom Caucus and McCarthy has been at the heart of an averted debt ceiling crisis and the annual budget debate nearly devolving into a government shutdown, all culminating in the removal of McCarthy on October 3rd.”

“2021's inflation surge moderated in 2023, while the Federal Reserve continued to raise its interest rates in the first half of the year. The Federal Reserve raises interest rates by 0.25% from 4.5% to 4.75% during its February meeting. This followed a period of intense focus on fiscal policy and banking stability after the failure of several regional banks.”

“The rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike conducted by Writers Guild of America and a SAG APTRA strike. These were part of a larger phenomenon of labor strikes across the country, in which such large diverse groups, such as Teamsters and Auto Workers won new contracts.”

“Mass shootings in 2023 have also continued in high numbers, with 528 occurring as of October 2 according to Gun Violence Archive. Events included a mass shooting inside a house in Enoch, Utah, where eight members of a single family were killed, and another at a dance studio in Monterey Park, California, where eleven people were killed following a Lunar New Year celebration.”

“I'm kind of in shock. I wanted to feed Mundy and Tara close together. And so I fed Tara over here. She picked up her food and brought it right over to the fence line here so she could be eating with Mundy. So you tell me what that means. I think that is really good.”

“They're recovering from the trauma that they experienced living in captivity. And for them to open up and trust you while you are there with them, helping them work through it, it's indescribable.”

“The dominant political story of the year has been the 270-day-long speakership of Representative Kevin McCarthy, whose slim majority in the House of Representatives has enabled a far-right rebellion to exert more weight over the lower chamber. The battle between the rebellious Freedom Caucus and McCarthy has been at the heart of an averted debt ceiling crisis.”

“The rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike conducted by Writers Guild of America and a SAG APTRA strike, these were part of a larger phenomenon of labor strikes across the country.”

“2023 also saw the roots of a global banking crisis arise out of four American regional banks, the two largest being Silicon Valley Bank and First Republic Bank. 2021's inflation surge moderated in 2023, while the Federal Reserve continued to raise its interest rates in the first half of the year.”

“They're recovering from the trauma that they experienced living in captivity. And for them to open up and trust you while you are there with them, helping them work through it, it's indescribable.”

“The rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike conducted by Writers Guild of America and a SAG APTRA strike, these were part of a larger phenomenon of labor strikes across the country, in which such large diverse groups, such as Teamsters and Auto Workers won new contracts.”

“Additionally, the latter half of the year saw many large mergers and acquisitions, some of the largest announcements being in oil and gas with ExxonMobil's purchase of Pioneer Natural Resources for nearly $60 billion and Chevron's acquisition of Hess Corporation for $50 billion, both in October and pending regulatory approval prior to closure.”

“2021's inflation surge moderated in 2023, while the Federal Reserve continued to raise its interest rates in the first half of the year. The Federal Reserve raises interest rates by 0.25% from 4.5% to 4.75%.”

“The 118th United States Congress convenes following the 2022 midterm elections for the next four days, 15 sessions transpire to determine the Speaker of the House of Representatives. This is the first time that a House Speaker was not determined by an initial vote in over 99 years.”

“Ticker XLI is the State Street Industrial Select Sector SPDR ETF... Even if the economy is starting to turn, you're not really seeing signs of a breakdown in industrials and certainly not seeing a sign of a breakdown in this ETF. A lot of what has happened in the market this week has been centered around the narrative of AI, AI spending, and really the lack of monetization across the board and hasn't really spilled over into other sectors. Unless you're overweight a ridiculous amount relative to what the market weight is of industrials, I don't see any reason why you would want to fully exit this industrials ETF.”

“We've all seen how tech earnings calls have really highlighted a new risk. There isn't enough electricity to power the new data centers. We'll talk about the utility super cycle as power companies raise rates to build this new capacity. We'll also touch on a story I saw today about KPMG pressing its auditors to cut costs, or rather to cut the price they charge KPMG due to AI cost savings. What does that mean for the audit industry and really industry as a whole?”

“What really drove the market today? Well, it was the feeling that there was a bit of a bottoming in software. It was a focus as groups attempted to break seven straight declines. Bit of a pick up in commentary. We saw a lot of discussion about very oversold conditions and some pushback against some of the more dire predictions revolving around that AI competition that was part and parcel for why the market was doing what it was doing. In addition, you had elevated hyperscaler capex, still a positive for the broader AI trade.”

“Typically, people want to invest in preferred stocks because they have a bit of an income focus. They typically pay higher fixed dividends than common stocks and often have some pretty attractive yields, anywhere from 5% to 8%, and so that makes them pretty attractive for these steady cash flow seekers. But that also changes where they are as well with respect to their position in the capital stack. They sit above common equity, meaning if a company goes bankrupt, you would get some claim on assets before common stock shareholders do, but they are below bonds as well.”

“Micron Technology has had quite, quite a positive performance recently. It is a leading semiconductor memory and storage company, so they make DRAM, NAND, Flash, and high bandwidth memory. It's one of the few major global suppliers in an industry that has a lot of high barriers to entry, not just because of input costs, but also because of the required technological understanding and ability to develop these very complex and small products. This HBM, it's high bandwidth memory, right? This is really what's been driving it here.”

“Ticker XLI is the State Street Industrial Select Sector SPDR ETF... Even if the economy is starting to turn, you're not really seeing signs of a breakdown in industrials and certainly not seeing a sign of a breakdown in this ETF. A lot of what has happened in the market this week has been centered around the narrative of AI, AI spending, and really the lack of monetization across the board and hasn't really spilled over into other sectors. Unless you're overweight a ridiculous amount relative to what the market weight is of industrials, I don't see any reason why you would want to fully exit this industrials ETF.”

“We've all seen how tech earnings calls have really highlighted a new risk. There isn't enough electricity to power the new data centers. We'll talk about the utility super cycle as power companies raise rates to build this new capacity. We'll also touch on a story I saw today about KPMG pressing its auditors to cut costs, or rather to cut the price they charge KPMG due to AI cost savings. What does that mean for the audit industry and really industry as a whole?”

“What really drove the market today? Well, it was the feeling that there was a bit of a bottoming in software. It was a focus as groups attempted to break seven straight declines. Bit of a pick up in commentary. We saw a lot of discussion about very oversold conditions and some pushback against some of the more dire predictions revolving around that AI competition that was part and parcel for why the market was doing what it was doing. In addition, you had elevated hyperscaler capex, still a positive for the broader AI trade.”

“Typically, people want to invest in preferred stocks because they have a bit of an income focus. They typically pay higher fixed dividends than common stocks and often have some pretty attractive yields, anywhere from 5% to 8%, and so that makes them pretty attractive for these steady cash flow seekers. But that also changes where they are as well with respect to their position in the capital stack. They sit above common equity, meaning if a company goes bankrupt, you would get some claim on assets before common stock shareholders do, but they are below bonds as well.”

“Micron Technology has had quite, quite a positive performance recently. It is a leading semiconductor memory and storage company, so they make DRAM, NAND, Flash, and high bandwidth memory. It's one of the few major global suppliers in an industry that has a lot of high barriers to entry, not just because of input costs, but also because of the required technological understanding and ability to develop these very complex and small products. This HBM, it's high bandwidth memory, right? This is really what's been driving it here.”

“I'm kind of in shock. I wanted to feed Mundy and Tara close together. And so I fed Tara over here. She picked up her food and brought it right over to the fence line here so she could be eating with Mundy. So you tell me what that means. I think that is really good.”

“The dominant political story of the year has been the 270-day-long speakership of Representative Kevin McCarthy, whose slim majority in the House of Representatives has enabled a far-right rebellion to exert more weight over the lower chamber. The battle between the rebellious Freedom Caucus and McCarthy has been at the heart of an averted debt ceiling crisis and the annual budget debate nearly devolving into a government shutdown.”

“2023 also saw the roots of a global banking crisis arise out of four American regional banks, the two largest being Silicon Valley Bank and First Republic Bank. These developments occurred alongside a moderation of the 2021 inflation surge, while the Federal Reserve continued to raise its interest rates in the first half of the year.”

“The rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike conducted by Writers Guild of America and a SAG APTRA strike. These were part of a larger phenomenon of labor strikes across the country, in which such large diverse groups, such as Teamsters and Auto Workers won new contracts.”

“2021's inflation surge moderated in 2023, while the Federal Reserve continued to raise its interest rates in the first half of the year. On February 1, the Federal Reserve raises interest rates by 0.25% from 4.5% to 4.75% as part of the ongoing effort to manage the economy.”