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Iran was on its last legs and ready to collapse until the U.S. came along and gave it a life-line in the form of the Iran Deal: $150 billion

BREAKING: US officials have now confirmed in a briefing that Iran will get full access to a total of $100 billion in frozen funds and the $300 billion reconstruction fund, both included in the deal with implementation now underway, per WSJ. More than $150 billion of the fund has already been committed, directly contradicting Trump's claims that the US would not contribute to the $300 billion fund, per Reuters.

government destroys value. in this case, the value of an American education was destroyed in ~40 years. if there’s no marketplace for customers (parents of students) to demand value (quality of education for price paid) by simply going to another service provider (school or educator), it is inevitable that costs will go up and quality will go down. this is true of any service provided by government, which effectively grants itself a monopoly, deleting the opportunity for other service providers to compete in offering better value to customers/citizens…

The only thing that matters for stock prices now is which company has the most OTM calls to force the most powerful gamma squeeze

Wealth effect is 2 legs of the stool

6/18 is Thursday not Friday

$AMD is acquiring MEXT, an AI-driven memory optimization company for data center infrastructure. MEXT’s tech helps make flash storage behave more like DRAM, expanding usable memory capacity while maintaining performance.

BREAKING: A source close to the IRGC says there is "growing satisfaction" inside the Revolutionary Guards over the deal, with IRGC Commander Ahmad Vahidi saying "first, we take the money" in reference to the $300 billion in reconstruction funds and $24 billion in frozen funds Iran is receiving, and then the IRGC takes over the Strait of Bab al-Mandeb after Hormuz, where it plans to "play exactly the same game." The IRGC's internal assessment is that Iran preserved its ballistic missile program, full regional proxy network, complete control over Hormuz and ability to rebuild while extracting hundreds of billions of US dollars and recognition, with discussions already focused on "the day after the agreement, not the agreement itself."

Nice one from @FrankCappelleri in his note today. That bearish S&P 500 pattern failed, much like what many bearish patterns tend to do in a bull market.

Open above Pivot, lunchtime high $ES

$NVDA - *NVIDIA PLANS TO RAISE AT LEAST $20B FROM HIGH-GRADE BOND SALE

Hyperscalers vs token prices

BREAKING: Iran says the US has agreed to pay $300 billion in reconstruction funds directly to Iran as part of the deal Pakistan announced, alongside the release of $24 billion in frozen funds with $12 billion released before negotiations even start, per Mehr News. This directly contradicts Trump's & Vance's claim that no funds will be transferred to Iran at all. If Trump denies this is true, there never was a deal. If Trump confirms, the US has fully capitulated to Iran's demands.

This was totally NOT my phone call with Bibi Netanyahu this morning...😝😂😂😂