Alberta Premier Danielle Smith does a fantastic jobs breaking it down: "I cannot think of a more disastrous policy decision than cutting off or taxing Alberta's oil to the United States." > US will respond with a 50%–100% tariff on fuels supplied to Ontario and Quebec. > US refineries would replace Alberta heavy crude with Venezuelan oil, cutting Canada off as a supplier permanently. > At least 500,000 jobs would be wiped out across Alberta, Ontario, and Quebec. > Retaliatory US cuts to gasoline and diesel exports would leave eastern Canada stranded without fuel right as fall and winter begin. > Canada has no reserves to supply Ontario and Quebec. > The Toronto Stock Exchange (TSX) would nose-dive, devastating Canadian investments, and pensions. What most Canadians don't seem to realize is that the current oil prices is generating substantial taxes for governments that softens the blow of the tariffs, and big portion of it comes from the US.

Hey, I just learned that E*Trade has opened up trading the actual crypto in addition to the ETFs. Does anyone know if other brokerage firms are doing the same? Cheers!

💪 You’ve probably faced situations where technical analysis didn’t work out. Even the strongest chart patterns can fail, so let’s break down the main mistakes. 1️⃣ Missing the bigger picture: 🔍 Scalpers zoom into 5-minute charts and forget the daily trend. Rookie mistake. A setup only matters if it aligns with the bigger picture. Multi-timeframe analysis = survival. 2️⃣ Ignoring fundamentals: 📆 Technical patterns don’t live in isolation. FOMC, CPI, or even a random Fed speech can nuke a setup in seconds. The chart shows probability — news decides timing. 3️⃣ Trading without confirmation: ❌ Seeing RSI overbought ≠ instant short. One signal is noise. Combine confluence: levels + candlesticks + trend + fundamentals. The more factors align, the stronger the edge. 4️⃣ Falling for fake breakouts: 🤥 Markets love to trap retail. That “perfect” breakout above resistance? Often a liquidity grab. Wait for retest, volume confirmation, or divergence before committing. 5️⃣ Chasing indicators: 🎄If your chart looks like a Christmas tree, you’re lost. Pros strip it down to price action + 1–2 tools max. The simpler the chart, the sharper the decisions. 🔮 TA is powerful, but it’s not a crystal ball. Layer context, confirm signals, and never fight the bigger trend.

According to the The Kobeissi Letter, Nike stock (NKE), has collapsed to its lowest level since September 2014, now down -78% from an all time high seen in 2021. The stock has now officially erased over -$200 billion in market cap since its record high. Sitting at around, $39.09, it is down 39% YTD.