Afternoon Update: Changes In Character
Tape Bombs are still flying, just as bad, if not worse, than yesterday. According to Bloomberg, Iran has launched at least...
Market Update
The ceasefire is already showing serious strain. Iran’s 10-point plan ,which President Trump described as workable, included as its third...
The Fire in the Ceasefire Has Not Ceased. Hormuz Traffic Reportedly Stopped.
In trying to get a lay of the land this morning, the ceasefire is under severe strain, with mutual accusations of...
A.M. Update
S&P futures are running about +2.6% higher. Emerging markets rallied the most since 2022 as most of them were being...
TACO Tuesday: From Deadline Drama to Ceasefire.
This wasn’t a market today. It was just a series of knee-jerk reactions to a messy flood of conflicting headlines....
Afternoon Update
This weekend I had a feeling this week was going to be wild. Today’s headlines are all over the map....
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...