Anybody Buying Yet? Where’s the Bottom?

[406dn]

Shorts aren't buying what Paul Krugman is selling.

Traders Ramp Up Bearish Oil Bets To Nearly $1 Billion | OilPrice.com https://oilprice.com/Latest-Energy-...-Up-Bearish-Oil-Bets-To-Nearly-1-Billion.html

It appears a few are buying it this morning.

 

[SAJ-99]

Anyone believe Dalio’s take that the control of the strait of Hormuz determines the future of American hegemony? If we walk away we are walking away from hegemony and capital flight from the USA will follow? I might have that off a bit. Tried to find a link but google it

Pretty sure that is happening already, and it started in April 2025. Foreign capital will never leave the US completely, but we have seen foreign countries put reserves go into gold, US treasury holding decline, and build new trading relationships with partners that will further the general trend. It is what I am concerned about the most with this Admin. They destroyed or at least significantly changed a system that put the US on top.

S&P futures before and after the speech. While “boots on the ground” wasn’t explicitly mentioned, the undertones were there and the market responded poorly.

Well, I guess the good news is that it was shorter than an episode of the Apprentice. About as informative though. My guess would be traders won’t want to be long going into the long weekend at the end of today. The cover of this week’s Economist is summarizing how this might play out to a quicker and positive direction.

 

[SAJ-99]

This episode is related to markets. But generally a geopolitical podcast. I find it very informational and this episode points out some very interesting things.

This was very good. Thanks for sharing.

 

[BigHornRam]

It appears a few are buying it this morning.

Did you take this opportunity to sell?

 

[jryoung]

Pick this one apart.

Iridium Communications (IRDM). It's well below it's 200 day, down 34% this year, but has a PE of 18, pays a solid 3% dividend. They have government contracts and just announced an additional partnership with Qualcomm. Forecasts are indicating earnings growth.

Coulda, woulda, shoulda.....waiting for the Q4, Q1 buy summaries on politiciantradetracker