VIX turned higher as the Persian Gulf is turning quickly into a serious shooting match.
AFTER THE BELL: Iran orders a complete evacuation of oil tankers in Kuwaiti and Bahraini ports — warning crews to leave immediately or the vessels will be targeted, potentially triggering a chain reaction across the region, per Tasnim News. The warning applies to tankers at anchor or docked, with an attack reportedly potentially coming within hours. It comes after reported U.S. strikes on Iranian oil tankers, with Tehran now openly signaling immediate retaliation.
During the day Wall Street plays their games, because they don't face many consequences for their duplicity, and have a fine example to follow in Washington.
Things will improve once we revert to the mean on that topic.
Gold got hammered lower late in the day. Probably wiseguys cleaning up their Non-Farm Payroll bets.
Silver rallied and fell.
Bitcoin drifted lower.
The Dollar is still in its usual chop, but off the 99 handle.
Oil, despite some of the intraday paper games, is starting to break out.
This is going to get very ugly.
Have a pleasant evening.
Comments
Log in or sign up to join the conversation.