LEE LANCE

@CEOAdam Dilution in 3…2… And it will far outweigh the shares he purchased as a breadcrumb to retail that still support “good dilution”.

I will be sure to let Netflix know that if Messers Tarantino and Fincher need anyone for reshoots, I am available. If I were them, though, I certainly would stick instead with Oscar winner Brad Pitt. Cliff Booth returns to the big screens of AMC and IMAX at Thanksgiving.

Despite the constant narrative around excessive bullishness, short exposure has actually moved back above pre-Iran ceasefire levels & is now sitting at fresh 10-year highs

@alexbaires02 @leadlagreport I agree with this. It sure seems to be the case. And that works until it doesn’t. And the longer it works, the bigger the reverse. But Mike would have to say what makes it stop working bc I sure as hell couldn’t say. 😆

@leadlagreport I’ll first say that your information is great. My only issue with the reverse carry trade is that there seems to be a concerted effort to manipulate the yen/dollar relationship. So the reverse carry will have a hard time unwinding. Thoughts?

Going to fast until the reverse carry trade hits. The longest I’ve ever gone without food is 9 days. Fuck it. I will not relent.

$ENVX People who have been following me for a while know that I have never tagged Enovix to address something to them. But you should know that management does read your messages, so if people say you don't need to be so emotional, know that your messages are definitely being noticed. Somehow, I want to defend you; I know how difficult and how long the road has already been. Wishing you lots of courage and success, Lien (with 2/3 of the shares she originally owned ❤️)

My NDA on this just rolled off, so I can finally tell the story. Three years ago I almost bought Bed Bath & Beyond out of bankruptcy. I lost by ~$2 million to Overstock.com The deal that got away:

Thanks Obama

The 4th largest economy in the world, Japan, which has been the entire world's source of liquidity for over 2 decades, is insolvent and about to destroy your portfolio. What happened in August 2024 was a preview. The Main Event is near.

@leadlagreport You ain't wrong! It's the "Plunge Protection Team" acting proactively, lol. Wtf will they come up with next?

Unpopular opinion: they manipulated the stock market to these highs because they needed a big enough cushion for the inevitable reverse carry trade crash catalyst.

Bond markets are flashing red. Today, the US 30Y Note Yield officially hit its highest level since July 2007, at 5.19%. This will soon become Americans’ biggest problem, yet the vast majority do not even know it is happening. What is happening? Let us explain. (a thread)

BREAKING: The odds of the Fed HIKING interest rates in 2026 surge to a new high of 37%. US treasury yields are now up to 2007 levels, inflation is heading above 4%, and rate cuts are no longer in discussion. Talk about a turn of events.

Pay very close attention to this. @FoxBusiness

@marcuslemonis @FoxBusiness Is this what J-Pow meant when he said TRANSITory inflation, @marcuslemonis ?

$BBBY tZERO.com We believe tZero is far ahead of the other blockchain companies going public at $1 billion+ valuations... prnewswire.com/news-releases/…

🚨WOW!!! Tim Sparks has confirmed he purchased 80 PIZZA HUTS and brought back EVERYTHING that made them iconic! Pac-Man is back. Salad bar is back. Red cups are back. Booths for families. "I want to rebuild places for families to connect and put their phones down..."

This is how I talk to AI.

@leadlagreport 🤣🤣 I do this too! I even remind it that I PAY it to know and not be wrong! I even threaten it telling it I will fact check it against its peers. 🤣

You have every right to know what your government is doing, and they have no right to know what you are doing. That is why they are called public servants and we are called private citizens. Instead, the relationship has been inverted. The state hides behind secrecy, classified files, and redactions while demanding total visibility into your finances, communications, movement, and behavior. A society where the rulers live in privacy while the population lives under surveillance is the very definition of tyranny.

$envx The seventh slide in the earnings deck shows Meta Raybans and Apple glasses. If a customer relationship exists under an NDA, the supplier cannot name them or use their proprietary UI. So I’m thinking Google rather than Meta or Apple is the lead glasses customer. There is other evidence pointing to Google being the customer including: 1. In 2025 Enovix announced a massive pre-paid purchase order from a "Silicon Valley-based global technology leader in AI and immersive technologies" (that describes either Google or Meta). Enovix just announced it has begun initial shipments of eyewear batteries, aiming for 50,000 units this year. 2. There have been leaks regarding Google's Android XR glasses platform. Industry insiders testing prototypes have pointed out that the software interface is incredibly fluid and Gemini's visual processing is highly responsive; Enovix batteries are almost certainly the reason the prototypes are ultra-thin while maintaining good battery life. 3. Raj’s background at Qualcomm working alongside Hugo Swart who now runs Android XR at Google. Recall the photo of Raj and Hugo at the Google XR event during CES 2026. 4. Meta has a massive, multi-year partnership with Luxottica and already has a deeply entrenched supply chain for its current glasses. 5. Google has built the software platform Android XR and partnered with tier-1 OEMs to build a reference platform. Enovix on Wednesday deliberately used the phrase “reference platform”. The PR stated: “In smart eyewear, Enovix has begun initial shipments and expects to ramp manufacturing in the third quarter to support a leading smart eyewear reference platform. We expect to produce approximately 50,000 units in 2026 and increase into 2027 as downstream deployments expand. We believe this represents an important initial validation that our 100% silicon-anode architecture can be manufactured at commercial scale.” In summary, the SV customer paying Enovix for eyewear batteries is probably Google.

Dear Kevin Warsh Later today, you will be sworn in as the next Chairman of the Federal Reserve. Congratulations. You got the job by convincing the President you share his vision that the Fed needs to cut rates. The problem is that today, on your first day as Chairman, the market is pricing in a 64% probability that rates will HIKE before the end of the year. Good luck!

@treesandquiet @amyesullivan @marcuslemonis I legit want to travel from SC to Fort Worth just to check this out! Is that strange? 😆😜 I mean, it’s for “due diligence”, of course. Perhaps I could even rent an RV from @marcuslemonis and take a vacation!

This is great news, but only results matter. Brick & mortar retail is cutthroat, shrinkage is a huge issue, staff turnover is high, and keeping stores tidy all day is a battle. 1 thing that helps offset this: Strong culture. @amyesullivan @marcuslemonis: that's on you! $BBBY