Breaking: Musk IS Buying Twitter

TWTR surges as Musk agrees to original deal ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Well, let no one say Elon Musk doesn't know how to respond. One day after being dragged on social media for his sudden "peace plan" for the Russian-Ukrainian war, Elon Musk suddenly said that he was ready to buy Twitter (TWTR) for the original price. That's a $44 billion deal. What could explain the sudden reversal? The most amusing explanation is that he simply was annoyed by everyone dogpiling him over Ukraine, so he just up and bought the company. Yet there might be more to it than that... Elon Musk was scheduled to be deposed this week. After he signaled his willingness to accept the deal, he also had his lawyers try to stop ongoing litigation. He may have simply figured it wasn't worth the trouble. Leaked text messages between Jack Dorsey and Elon Musk were released a few days ago and they SHOCKINGLY revealed... that the two men are sincerely interested in improving Twitter. Seriously, that was it. Journalists tried to make it some incredible, controversial revelation, but it is probably the most normal conversation you can imagine. So I doubt Musk has anything to hide. This might just be another gear shift. With TSLA turning to robots and Musk musing about a universal "X" application, there could be larger plans at work... And there will be a reaction. Many journalists are not happy. Remember what we said about social media yesterday - it's a potent weapon in both economics and politics and there will definitely be an effort by some to keep the "TecnoKing" from assuming control. Keep Moving, Any strategy that makes you money consistently is worthwhile. Though many new traders believe that trading is primarily about indicators and tools, Chris maintains that it is at least 95% about emotional control. This is especially relevant in this bearish, choppy market which has made the trading world extremely difficult. Learn some pro tips to come back from your losses and stay in the game. [CLICK HERE TO WATCH]( WORD ON THE STREET Musk Buys The Bird App, Dalio Out, Fed Signals Caution - A Move Bruce Wayne Might Pull - A day after becoming the most hated man on the platform after offering his unsolicited peace plan for Ukraine, Elon Musk did a 180 and bought the whole thing. He's going through with the original acquisition, which means buying at $54.20 a share. After starting the day in the low 40s, TWTR closed at $52 a share. Twitter's board will reportedly accept the deal, but there's no guarantee current litigation will be halted. - A Legendary Investor Steps Down - Billionaire Ray Dalio is ceding control of his firm Bridgewater Associates, the largest hedge fund in the world. It has an estimated $150 billion in assets under management. There's no scandal or trouble - Dalio assured investors that this was simply the "natural progression of events" as he didn't want to "hold on until I died." Dalio said Bridgewater will be fine without him, as he feels "great about the people and 'machine' now in control" [Photo by Harry Murphy/Web Summit via Sportsfile Used Under CC by 2.0]( - A Trillion Here, A Trillion There, Eventually You're Talking Real Money - The gross national debt has exceeded an eye-watering $31 trillion and there's no end in sight. With the Fed raising interest rates in order to combat inflation, the debt is suddenly moving from a far-away problem to an immediate political concern. This year, it could cost the federal government an extra trillion in interest payments alone.  - Federal Reserve Governor Warns Of More Inflation - Don't expect a pivot to lower interest rates with talk like this. Federal Reserve Governor Philip Jefferson said that although oil and gas prices "have come down in recent months," he suggested there are continuing problems when it comes to food and housing. The tight jobs market is also a problem. "In a market with more job openings than workers," he said, "the competition to fill vacancies is leading to rapid wage gains now, and the resulting salary compression may lead to further upward wage pressures in the future." "3-Pillar" strategy spots a 108% surge in just 4 days... RapidFire is on fire — with new trades are on the verge of exploding soon! [Click here to learn more](. HOT SPOTS: What's Going on in Geopolitics - Ukraine Romps In Kherson - The Russian military situation continues to degrade, as Ukrainian forces are advancing near Kherson and may even take the city itself. Russia's 49th Combined Arms Army is at risk of being encircled unless it can make a contested river crossing. Such a disaster would be a significant military and political blow to the Kremlin, intensifying pressure on the Putin regime.  - POTUS Approves More Aid For Ukraine – President Joe Biden has approved another $625 million in military aid to Ukraine. In a phone call with Ukrainian president Volodymyr Zelenskyy, President Biden said the United States would never recognize the Russian annexation of four new territories. Of course, it's something of a moot point given that Russia doesn't control any of them in their entirety, and their grip is slipping. - South Korean Missile Test Goes, Well, South - North Korea is unlikely to be intimidated by this. Possibly in response to a surprise North Korean missile being flown over Japan, South Korea tried to carry out its own live-fire exercise. Unfortunately, it crashed into the ground nearby, panicking residents of Gangneung, who thought they might be under attack. No casualties were reported. CUTTING EDGE: What[']( Happening In Tech - Amazon Cuts Back On Hiring - Amazon (AMZN) is continuing the trend in tech for hiring cutbacks. It announced that it is freezing all corporate hiring for the remainder of the year. There will still be jobs available in warehouses... and the extremely profitable cloud division. - End Of ESG? – Environmental, Social, Governance. ESG was supposed to be the big new thing. However, as the global economy staggers, major companies are calling it quits on the initiative. A study from KPMG found that half of CEOs polled are either pausing or rethinking ESG in light of the current situation. A third of corporate leaders have already called a halt. - Fidelity Offering Ethereum Access - "The Merge" took place successfully and so Ethereum is now the place to be for crypto applications. The ethereum token is also an important digital asset, second only to bitcoin. Now, Fidelity is offering an Ethereum Index Fund that will give clients access as an investment. ETH was up slightly yesterday, hitting $1,354.82 as of this writing. The fund has generated $5 million in sales since starting on 9/26 FOR YOUR CONSIDERATION "I really have no idea. We could see a trend reversal, or it might fall out of bed. I’m just going to follow the signals my tools give me." are divided. Are we seeing a return of the bull market? Or is the worst yet to come? It doesn't matter. Chris Hood gets into the details of what to look for. For your trades, with your money, this is the technical breakdown you need to say. [STANDING AT A CROSSROADS]( Enjoying Dawn Report? Learn something, made some money? 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