Speaker Mike Johnson has lost control of the House floor with 8 legislative days left before August recess.
Just 16 days between then and the midterms — with NDAA, Iran war $, recon 3.0, FISA, government funding, farm bill and more all in increasingly dire shape.
“Who needs Democrats when you have your own party derailing the Trump agenda,” Rep. Nicole Malliotakis (R-NY) said.
@calenrazor
https://t.co/78kSqza0hT via @politico
@Redden843@AdamMancini4 Pretty sure institutions just didn't get long before MU and they fucked retail to get an entry. Fully expecting higher after this chop resolves.
@IntradayCycles@Tonipuma Are you still leaning towards the inverse? With the wide range chop, I could really make a case for either but am starting to think we're tracking the original now.
@herschelcuyler_@ShortSeller Huge strategic blunder, particularly doing this during an election year. Trump didn’t have the stomach for it and Iran knew they could hold out until he caved. Such an embarrassment.
@IntradayCycles Any thoughts here? Looks like it might be starting to follow the original again but tough to tell with random news spikes followed by such low volatility. At least I'm hoping for another spike today into a selloff, would make the most sense to me with options this month.
@IntradayCycles Looking good! Dips line up with CPI and FOMC so here's hoping it stays on track. Also correlates to some options data I'm tracking. Thanks as always for your work.