@jackprandelli I don’t know why you are comparing to Covid or financial crisis.. etc.
Shouldn’t you be comparing to similar events that affected world oil supply, e.g. 1973 OPEC embargo
1979 Iran revolution
1980 Iraq-Iran war
1990 Iraq-Kuwait
..etc
@KobeissiLetter Hey world, the US & Israel can start a war for no reason, assassinate your leaders, destroy your infrastructure, kill thousands of people (including school kids) and threaten to steal your oil… but if you defend yourself and shoot down ONE fighter jet, you crossed the red line!
New rule of the U.S. stock market:
President of IRAN talks? Go long.
Parliament Speaker of IRAN talks? Go short.
Thank you for your attention to this matter!
BREAKING: Just five minutes before Trump's announcement to halt the attacks on Iran, massive trades reportedly hit the market.
In one move, $1.5 billion in S&P 500 (ES) futures was bought while $192 million in oil (CL) futures was sold.
These orders were 4–6x larger than anything else at the time.
The trader seemingly made huge gains.
Unusual.