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NEW: DEA and marijuana rescheduling opponents filed what are expected to be the final briefs in a hearing on the Trump administration's proposal to move cannabis from Schedule I to Schedule III before an agency judge issues a recommendation on the reform.
marijuanamoment.net/dea-and-…
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$SPCX
MUSK SEES SPACEX 4Q REVENUE UP 'SOMETHING LIKE' 70% FROM 3Q, $2B OVER WALL ST ESTIMATES
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Blue Wave, Red Flag: 2018 Analog
NASDAQ -5.5% Thursday, worst day since April 2025. Correction. 2026 tracking 2018 step for step. In 2018 NASDAQ slid 20%+ into Christmas Eve, then gained 35.2% in 2019.
It felt like the end of the world. It wasn’t. #2018Analog $COMPQ $QQQ
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$MSOS trading up to the $4.26 anchored VWAP from when the stay was announced 👇
$MSOS gapped into the $4.74 anchored VWAP from when Trump signed the executive order on cannabis rescheduling back in December 2025 and sold off on the first touch
Similar to how price first reacted at the 9/30/26 anchored VWAP from when the stay was announced 👇
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OPENAI WILL KEEP INVESTING IN AI DATA CENTERS DESPITE ELECTION RESULTS, CFO TELLS CNBC
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Elon Musk says government revenue will be less than 10% of SpaceX's revenue this quarter, and that Tesla has no government contracts.
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The stay in the DEA's marijuana rescheduling case has officially expired. The next major step is a formal recommendation from ALJ Julius, which could come at any point now.
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US JOBS REPORT SMASHES FORECASTS — FED RATE HIKE ODDS IN FOCUS
The US economy added 165,000 jobs in October, nearly triple the 59,000 expected, while unemployment fell to 4.1%, beating the 4.2% consensus.
🔸 Nonfarm payrolls: +165K vs. +59K expected
🔸 Unemployment rate: 4.1% vs. 4.2% expected
🔸 Private-sector payrolls: +159K
🔸 Government payrolls: +6K
🔸 Hourly earnings: +0.4% monthly, +3.1% annually
🔸 Labor-force participation: 61.9%
🔸 Average workweek: 34.4 hours
🔸 August/September revisions: +84K combined
Where jobs were created:
🔸 Professional and business services: +70K
🔸 Health care: +42K
🔸 Transportation and warehousing: +25K
🔸 Manufacturing: +19K
One warning sign: The number of people working part-time for economic reasons rose by 339,000 to 4.8 million, suggesting some underlying labor-market weakness.
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OCTOBER U.S. JOBS REPORT 👇
NONFARM PAYROLLS +165K, (Est. +65K)
UNEMPLOYMENT RATE 4.1%, (Est. 4.2%)
AVG. HOURLY EARNINGS YoY 3.1%, (Est. 2.9%)
PARTICIPATION RATE 61.9%, (Prev. 61.8%)
PRIVATE PAYROLLS +159K, (Est. +64K)
AVG. WORKWEEK 34.4 HOURS, (Est. 34.4)
GOVERNMENT PAYROLLS +6K, (Prev. -17K)
Izzy retweeted
A lot are asking. I made the call to my wife. She put an order for the BOS account. Only 25%
Not a 1/3rd. To start small. It’s 19 for 19
It’s only been tier#3 twice out of four tiers.
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After-hours movers:
$FROG +22%: big beat, Q4 guide well above Street
$NET +18%: Q4 guide well above Street
$IREN +6%: delays stem from a Microsoft request, so no penalties
>
$ABNB +11%: raises outlook, adds new buyback
$IONQ +4%: lifts full-year revenue guide
$NTRA -24%: replaces CEO
$DKNG -19%: prediction-markets push drags Q3, guide below Street
>
$TEAM -17%: weaker subscription growth outlook
$AXON -13%: Q4 and full-year guide below Street
$TXG -10%: falls despite a beat and raised guide
$AFRM -9%: in-line Q2 guide
$LYFT -8%: revenue miss after legal reserve hit
$MCHP -7%: margin guide below Street
$SOUN -6%: cutting 27% of workforce
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Stock positions, prices paid, sizing, and everything related to what you hold and where it's going: all elastic! Exercise your capacity for patience and give it space.
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Today is the deadline for replies to supplemental briefs in the federal marijuana rescheduling case. After today, the final step before the case goes to DEA Administrator Terry Cole for a final decision is the administrative law judge's recommendation.
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NEW: A senior Trump adviser tells The Marijuana Herald that the president would sign a "clean" marijuana descheduling bill if Democrats send him one, but would likely veto the MORE Act or similar legislation that includes social equity provisions. themarijuanaherald.com/2026/…
























