Market Update
It’s “Bridge Day”, the geopolitical equivalent of leg day. And just like leg day, nobody’s looking forward to it. Oil...
WTI’s Consolidation Broadening Out Into The 8 p.M. ET Trump Deadline Amid Escalations Overnight
As noted yesterday, WTI’s bullish Ascending Triangle was going to come to an apex too soon and the consolidation was...
A.M. Update
S&P futures are down -0.35%, while most other index futures are down -0.5%. and crude oil futures are over -2%...
Iran Holds Firm as Trump’s Tipping Point Deadline Approaches
I was tempted to post Sunday night on the latest developments… but I already knew the script: something would pop...
Afternoon Update
There’s always a lot said in a Trump presser, but the most relevant to the market: Trump threatens Iran: “The...
WTI Measured Move Update
During President Trump’s ongoing press conference, one statement got a reaction. TRUMP: IRAN MIGHT BE TAKEN OUT TOMORROW NIGHT Also,...
Geopolitical Volatility Persists as Iran Rejects Temporary Ceasefire Proposal; Markets Awaits Trump @ 1 PM ET
Sunday night I dreaded the start of this week, knowing it was going to be exceptionally dynamic and fast-moving on...
A.M. Update
Index futures opened Sunday night lower after President Trump’s Sunday morning tweet, “Open the Fuckin’ Strait’ or “you’ll be living...
Afternoon Update – Strange Nonchalant Feel
The major averages are just drifting in muted trade nearing the close, which will be the final trading day of...
MOO/VEGI Update
MOO (Daily) Price action looks good with a bull flag. There’s not a definitive breakout, but 3C looks solid, too....
Hormuz Headline Bails Out Stocks; Though I Think It’s A Misread (intentional or otherwise)
*Apologies for the late post, but there was a lot I had to look into, amid a very fluid shift...
A.M. Update
S&P futures are down -1.5% and WTI Crude oil is up +12.4% to $112.50. The President’s address failed to calm...
Freestyle Update
I said I wasn’t going to post a Daily Wrap so I could focus on the President’s address and watch...
Afternoon Update
Today has been one of the craziest days in a long time, between parsing contradictory statements, leaks of President Trump’s...
Change In Character – Possible ABI Signal
The last update (the hit on an Amazon data center in Bahrain) coincided with a change in character in the...
Intraday Update -Amazon Cloud Infra. Attacked in Bahrain
I saw the averages, led by Tech and Consumer Discretionary coming down off the highs of the day in a...
The Fog of War: Ceasefire Optimism Holds, Despite Contradictions
Iran has again rejected Trump’s narrative, after he hours ago claimed that “Iran’s New Regime President” has just “asked the United...
A.M. Update
S&P futures are up 0.4%, off session highs, as gains were seemingly on the hope President Trump will announce the...
Consolidation Underway? Crude’s Hold Above $100 Undermines the Jawboning Rally
Hopefully you caught Monday’s Measured Moves post. I laid out a lot of expectations from here such as consolidations leading...
Afternoon Update – Starting MOO (Long)
The wire ping that sent stocks soaring and oil falling was only a snippet of a larger conversation between the...