"Policy Intervention" Fake News
Market Manipulator Extraordinaire
Historic Timing In Front Of Historic Risks
Afternoon Notes: Right Tail Rally Timing
Market Manipulator Extraordinaire
March 23rd Premarket LaDucTrading Client Post Sent Today - With Afternoon Updates Below
Trump is a market manipulator extraordinaire.
We hit KEY bond & market support & he enters this morning with a 5-day “policy intervention” - except that it won’t be accepted by Iran & it’s all a farce! So sadly, it will trap gullible bulls.
Iran FM confirms that there are no direct communications with Trump and that he made up the entire thing, Iran’s position remains unchanged. Hormuz remains closed to Iran’s enemies. @cirnosad
This fake news won’t fix the problems that the IEA Chief Birol confirms:
Financial Juice: This crisis is worse than the two oil crises of the 1970s combined.
Given Trump has been aligned against Iran AND for Israel for many decades, this recent slew of threats should not be taken mildly.
Not of taking Kharg Island per se, but of killing millions to get there.
Free to read: This great write-up on Trump’s obsession with Kharg Island for 40 years:
We also all know part of the reason he bombs Iran... MONEY.
So his implied TACO & cease fire tape bomb this morning has tactically gotten short-duration bears trapped - as oil falls with dollar and equities bounce with gold - but it will not distract me from the strategic goals of sizing up a big ‘ol market top in progress:
