🎯 Today's #1 Pick from the Morning Show was $MU.
We gave members a $1,250 target and noted the move could come in AH.
$MU is now approaching that level.
Why am I talking about this so much?
1) I think it's a terrible deal. I am critical of the process and the outcome.
2) the outcome of this deal will impact oil markets, national security, and have potentially other large long term effects.
Yep this is a problem.
However, Trump seems very motivated to keep oil prices low before midterms so this fake peace deal might sustain long enough for the fake move higher to sustain into midterms.
But we will pay for it heavily on many levels later on.
The move higher is artificial: Inflation. Weak dollar. A fake peace deal is doing the heavy lifting.
Without those? The market would be much lower. But for how long can they create a fake pump?
Volatility buyers know it. We know it.
Full breakdown in today's letter 👇
Iran is zipping it and will take everything that was offered to them over the next 60 days.
The problem for the United States and the stock market is what Iran will do after that and before the midterms.
We will be vigilant.
Pakistan's Foreign Minister Ishaq Dar told Al-Arabiya that an agreement has been reached between the U.S. and Iran to lower the enrichment level of Tehran's highly enriched uranium stockpile. Dar described ongoing talks between the two sides as "proceeding positively."
Things have been significantly escalating in Russia as of late with Ukrainian strikes seemingly hitting energy infrastructure nearly every day.
Something to keep an eye on.
A huge fire burning at the fuel storage tanks in Kerch this morning following Ukrainian drone strikes. Will significantly worsen the fuel crisis in Crimea.
45.3340846, 36.4663884
Everyone forgets Trump only started on the path towards Iran war after the protests in Iran.
This - and thus - regime change was his primary and initial motivation.
Remember the countless posts about saving the Iranian people, help is on the way, take names of those
As an Iranian, I’m telling Americans directly:
Iranians in Iran are still very much pro-America — and particularly pro the Republican Party, conservative ideals, and admire the Constitution of the United States. But JD Vance has betrayed all of this.
The recent posts from
Iran denies closing the Strait of Hormuz. MFA spokesperson Baqaei called the claims baseless, said commercial shipping continues under the June 18 ceasefire memorandum.
‼️‼️ Israel and Hezbollah have agreed to a ceasefire set to begin at 4 p.m. local time on Friday, a senior U.S. official told Reuters.
“Hezbollah and Israel have agreed to a ceasefire,” the official said on background, adding that negotiators for the U.S. and Qataris worked out