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$VIX $45 calls 6/17/26. Volume Friday was 16k and currently at 175k OI. Way higher. Breaking $SPY $META was the signal of market sentiment underneath the surface of complacent and low volume All-Time High’s
BREAKING: The UAE says a fire has erupted in a petroleum industrial site following a drone attack from Iran.
Brent crude oil prices surge over +6% on the news to $115/barrel.
@business@LiveSquawk But we haven’t heard from Iran… so meaningless desperation to buy more time with oil inventories at tank bottom. Trump cares more for dirty trades and the stock market than the well being of the country after his term, definitely doesn’t give a shit about Americans rn
Perfect time to IPO right lol 😝 Bank of Japan definitely secretly intervening if you look at crypto markets. But scared to publicly say it cuz it’ll be the canary in the coal mine that pops the whole bubble and destroys all liquidity. South Korea, Japan, US $SPY bitcoin:native
🚨 Sam Altman warns OpenAi and Anthropic are experiencing severe pullback on Ai spending as companies put significant restraints on spending to restrict costs. The company warns investors it’s the first time this has happened in Ai and something we never expected. The buildout costs aren’t sustainable to allow profitability to hyperscalers or end users.
$soxx $dram
The Trump administration has announced it will dismantle a $368 million deep-ocean monitoring system that provides critical data on the world’s oceans. The decision is sparking alarm among experts that US is taking eyes off the oceans at a dangerous time. https://t.co/VcifYxiYcR
Google is raising $80 billion of equity a week before SpaceX is trying to raise $75 billion a few months before Anthropic and OpenAI are trying to raise $100 billion from investors and you’re laughing???
This is a cataclysmic exit liquidity avalanche
WAIT A SECOND...since June of '23, the US has lost a half million full time employees and increased federal debt by $6.9 trillion...and we think this is working out?!?
Israel wages war & RAMPAGES in Lebanon. Iran reacts and COUNTERATTACKS in the Gulf.
Last night, Iran targeted Kuwait and Bahrain.
Trump learns what happens when you poke a stick in a hornet's nest.
TRUMP HAS LOST CONTROL OF THE MIDDLE EAST WARZONE.
Wars all the way back on . Thanks AIPAC for your insane ambitions for Greater Israel and having Donald Trump completely in your pocket via files even more heinous than the glimpses we saw in Epstein files. Oil to $150 . Gonna cut through it like a hot knife thru room temp butter $USO
Commodity market guru Jeff Currie on the coming, inevitable oil price spike:
“Demand is up here; supply is down here. We’re filling that gap with inventory. When you eventually run out of inventory, demand has to come down to supply… You can’t print molecules.”
Ps they’re already intervening. Look at crypto. Trillions and billions of liquidity screamed out in agony and then ceased to exist. I sensed it in the force (I’m obi wan, liquidity is Alderaan) $SPY bitcoin:native solana:So11111111111111111111111111111111111111112
Yen carry trade most tied to 40y. Looks like a meme stock with yield along with the rest of the durations. Watch out. August 2024 domestic risk assets like $SPY $QQQ $NVDA and bitcoin:native dropped ~7% in about 5 trading days when BOJ actually intervened. $USDJPY hanging right at line in the sand of 160
Fires burn and smoke rises over the oil terminal in the Northwestern Russian city of St. Petersburg, following a large-scale drone attack on the terminal and other nearby infrastructure this morning by Ukraine. Today, June 3, is the start of the St. Petersburg International Economic Forum (SPIEF), which is expected to be attended by representatives from over 120 countries, including the United States.
Yen carry trade most tied to 40y. Looks like a meme stock with yield along with the rest of the durations. Watch out. August 2024 domestic risk assets like $SPY $QQQ $NVDA and bitcoin:native dropped ~7% in about 5 trading days when BOJ actually intervened. $USDJPY hanging right at line in the sand of 160
Iranian ballistic missiles fly overhead, a car crashes, and surface-to-air missile interceptors launch in a crazy video of tonight’s attack by Iran against Ali Al Salem Air Base in Kuwait.