📉 Iranian parliament speaker Ghalibaf has now started offering advice on U.S. stocks. He argues that information dumps and Trump’s “pump news” ahead of the market open often serve merely as a trigger for profit-taking and, in practice, function as a contrarian indicator.
In his view, the right move is to do the opposite: short stocks if they have surged sharply before the open, and go long when “they” artificially push the market down.
📊 The week promises to be volatile. Bloomberg reports that in the United States, officials are considering scenarios in which oil prices rise to $200 a barrel.
The closure of the strait has cut global oil supplies by roughly 11 million barrels per day, while the current shortfall stands at about 9 million barrels per day — more than the combined consumption of the United Kingdom, France, Germany, Spain, and Italy.
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