Long-time client trolled me, "How's the call for 6718 on SPX going?"
"Iran allowing ‘non-hostile vessels’ through Strait of Hormuz" via FT.
Nada.
Trump ended the war three or four times today!
NADA
I still see it ;-)
BEFORE rejection.
We need to get through the treasury auctions this week as discussed, so the invisible hand will work to keep equities in a ‘cone of stability’ potentially until next week.
For now, no big bullish bets do I see outside energy.
From this morning’s live trading room: what’s working right now!
