A Coalition of 44 Countries have signed on to a resolution requesting that the United States attack them also. Because they could use the money.

Thanks Jack. I spent 25 years trying to become a great trader and accidentally became an expert at admitting I was wrong :-)

BREAKING: United States becomes the first country in history to pay $300 billion to a country they defeated 50 times in one war.

This image does a great job illustrating something I spend a lot of time thinking about:

The idea of the war was that the Iranians were inherently untrustworthy, diplomatic agreements were useless, and American air power could bring about regime change. If Republicans want to go on camera and say they were wrong about that stuff, great.

Trump started a war, lost the war, and paid reparations to Iran.

Um: preamble to 2015 JCPOA that Trump tore up: "Iran reaffirms that under no circumstances will Iran ever seek, develop, or acquire any nuclear weapons." Literally the same.

Think Setups, not stocks Individual stocks do not matter unless they have a tradable setup Every day, someone asks, "What do you think of XYZ stock?" It means you have no setup and do not even understand setup The correct way to think is "What do you think of the Delayed reactions Episodic Pivots setup on OKTA? " When you start thinking like that, you are on the right path. Setups have an underlying market structure you are trying to exploit. They are based on some edge. Setups have specific conditions they need to satisfy Setups have checklists Setups have qualifiers Setups have entry rules Setups have expectancy Setups have exit rules/guidelines Learn the language of setups, think setups, master setups

When 3 tades in a row fail on breakout

Must read for swing traders...

Focus on the headline of an Iran deal and the market's reaction to it, not the stupidity and embarrassment of the whole situation.

Trump is trying to sell his counterproductive war of choice as a triumph. He has nothing to show for it. The same issues being negotiated in February are still unresolved. But Trump did show Iran the power of its closing the Strait of Hormuz.

Now the Strait isn't reopening until Friday at the earliest

Another major concession. Iran going to be able to sell oil unsanctioned without having made any promises in its nuclear program. Way better position than they were in before the war.

Crude: Net-positioning of non-commercial accounts (=managed money and other reportables) in Brent futures and options #OOTT latest value is June 9

JCPOA 2.0 is essentially unconditional surrender to the IRGC. Remember how Neville Chamberlain's "Peace in Our Time" turned out? x.com/i/status/2065841867418…

CNN montage of all the times Trump announced deals with Iran. #oott

According to the recent NYT article, the person in the administration most against releasing the Epstein files is Trump, who'd have to resign if the allegations in there are true, and the person most in favor of releasing them is Vance, who'd become president if they're true.

Talarico: Here's what real men don't do. They don't lie and cheat their way through life. They don't sell their soul to the highest bidder. Real men serve others, weak men serve themselves. So I welcome this debate. I don't think Paxton or Cruz are in a position to tell anyone what a real man is.

Trying to figure out the 4D chess of oil markets, Hormuz, Chinese EV adoption, invisible SPR releases is way harder than just buying stocks with good setups that are going up. #macro