Jonathan

[zerohedge @zerohedge]

*ADOBE ANNOUNCES NEW $25B STOCK BUYBACK PROGRAM

[NoLimit @NoLimitGains]

@Sykodelic_ Anything else to say?

-99.6% is unheard of.

I’ve literally NEVER seen someone perform so bad.

Want more?? I have dozens of images.

[First Squawk @FirstSquawk]

US VICE PRESIDENT VANCE: US HAS ACHIEVED MILITARY OBJECTIVES IN IRAN

[Mike @Doranimated]

A large group of C-17 military transport aircraft of the US Air Force is crossing the Atlantic and heading towards the Middle East, according to data from Flightradar24.

C-17s are used for transporting personnel, heavy weapons, and armored vehicles. This is one of the largest aerial troop deployments since the beginning of the war. Trump is not about to exit the conflict.

[NSTRIKE @NSTRIKE1231]

❗️❗️🇺🇸🇮🇷As part of preparations for a potential ground operation against Iran, the U.S. has been continuously deploying infantry forces to the CENTCOM region over the past 24 hours.

▪️ The transfers mainly involve paratroopers from the 82nd Airborne Division, being moved from the U.S. mainland to the Middle East.

See the latest updates with us: @NSTRIKE1231

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Iran issues a statement DENYING President Trump's post which claimed the US and Iran have had "productive conversations" to end the Iran War:

Iran says:

1. "There has been no indirect or direct contact with President Trump"

2. President Trump is trying to "buy time" in the Iran War

3. President Trump "withdrew" from power plant strikes after Iran's "firm warning"

4. President Trump's comments are "psychological warfare"

5. "Hormuz will not return to pre-war conditions as long as psychological warfare continues"

Iran has entirely denied all of President Trump's claims.

[The Kobeissi Letter @KobeissiLetter]

President Trump over the last 36 hours:

Friday, 3:40 PM ET: "I don't want to do a ceasefire with Iran."

Friday, 5:15 PM ET: The US is "considering winding down" the war with Iran.

Today, 2:00 PM ET: Axios reports Trump is planning "peace talks."

Now: "If Iran doesn���t open the Strait of Hormuz within 48 hours the US will obliterate Iran's power plants."

What's happening behind the scenes?

[Solid Intel 📡 @solidintel_x]

INTEL: Strategy bought 22,337 bitcoin for $1.5 billion at a $70,194 average price as STRC product gains traction

[Bryan Johnson @bryan_johnson]

If you're feeling existentially stressed, here are a few things you can do to reset yourself:

1. Submerge face in 50°F (10°C) water for 30 sec

2. 30 rapid deep breaths followed by physiological sigh (double inhale, long exhale)

3. High intensity, slow motion resistance training

4. 20 min of zone 2 cardio

5. focus on a precision manual physical task i.e. organization, assembly of something, motor skill practice

6. Physical proximity to someone you trust

[The Kobeissi Letter @KobeissiLetter]

There is one common denominator with every crypto crash in history.

They always seem like the "end of crypto" and they always become rounding errors in the long run.

The same will happen with the 2025-2026 bear market.

[The Kobeissi Letter @KobeissiLetter]

Why is crypto crashing today? Here's exactly why:

Crypto's downturn is being blamed on just about every possible thing, ranging from Iran to the Fed.

However, the answer to this question is actually quite simple when you look at the flow data.

Why is Bitcoin below $79,000? It's entirely a liquidity situation.

As outlined in this chart, there have been 3 well-defined liquidation waves, totaling ~$1.3 billion over the last 12 hours.

In a market where liquidity has been choppy at best, sustained levels of extreme leverage are resulting in "air pockets" in price.

Couple this with herd-like sentiment, constantly shifting from extreme bullishness to extreme bearishness, and the swings become even more aggressive.

It's a great time to capitalize polarity in emotion and price.

[zerohedge @zerohedge]

starting last June, bitcoin has bizarrely become the only asset that drops the more liquidity central banks inject

[The Kobeissi Letter @KobeissiLetter]

This is absolutely insane:

Venezuela currently has 303 billion barrels of crude oil reserves, which Trump says the US now controls.

Oil prices are trading at ~$57/barrel, making Venezuela's total reserves worth $17.3 TRILLION.

Even if the US sells this oil for HALF of the market rate, that's still $8.7 TRILLION.

In other words, in 12 hours, the US has gained control of oil reserves worth more than the entire GDP of ALL countries in the world, aside from the US and China.

That's 4 TIMES larger than the GDP of Japan.

Most people do not realize how much the world just changed.

Oil markets will react to this news for the first time on Sunday at 6 PM ET.

The next few days will be critical.

[The Kobeissi Letter @KobeissiLetter]

In case you don't realize what just happened:

Venezuela holds the LARGEST oil reserves in the world, at 300 billion barrels.

The US is now "running" Venezuela with large US oil companies moving in, according to Trump.

The US now controls the largest oil reserve in the world.

[AF Post @AFpost]

The US is currently conducting airstrikes in Venezuela’s capital, Caracas, with US helicopters seen in some clips.

Military installations and refineries are currently being targeted.

Follow: @AFpost

[R A W S A L E R T S @rawsalerts]

🚨#BREAKING: Watch as United States Army Apache MH-60M DAP helicopters operating in Venezuela show very intense gunfire and ongoing combat activity in the area.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Videos emerge of US Apache helicopter strikes in Venezuela.

[The Kobeissi Letter @KobeissiLetter]

What just happened?

Core CPI inflation in the US just unexpectedly fell to 2.6%, its LOWEST level since March 2021.

3 months ago, inflation rose to a 6-month high, and last month, the October CPI inflation report was "cancelled."

What changed? Let us explain.

(a thread)

[The Kobeissi Letter @KobeissiLetter]

BREAKING: November CPI inflation unexpectedly FALLS to 2.7%, below expectations of 3.1%.

Core CPI inflation FALLS to 2.6%, below expectations of 3.0%.

This marks the biggest drop in US inflation since March 2025.

Inflation was WELL below expectations in November.