ALERT: Iran Attacks Tanker In Hormuz & Declaring Strait Closed
In a Nutshell
Iran fired on a tanker in the Strait of Hormuz after declaring it closed, triggering a Bitcoin drop from $78K to $75K amid recurring Saturday war announcements followed by Monday de-escalations and Trump's complimentary social media posts. The speaker accuses Iran of media warfare, US politicians like Trump of market manipulation and flip-flopping (with Trump's net worth up $2B), and Pelosi of insider trading, eroding trust in leaders. Traders should trim overbought positions amid uncertainty, high oil/inflation, weak labor data, and impending market reactions, opting for cash to buy dips.
These notes were generated by AI and may contain inaccuracies.
Iran's gunboat fired on a tanker in the Strait of Hormuz after declaring the strait closed. This news is being shared everywhere, and markets like Bitcoin reacted, dropping from highs of 78K to lows of 75K. We'll see if the sell-off continues.
Iran announced the closure of the Strait of Hormuz on Saturday. Recently, there has been continuous back-and-forth every six to seven weeks: every Saturday they announce war or an attack, then by Monday when markets open, they're best friends. Trump went on social media calling it the Strait of Iran, complimented them, said they're great people, and they're working on a resolution.
Iran accuses the United States of continuing to blockade Iranian ports. Iran's latest move comes after hinting at full reopening of the Strait of Hormuz on Friday, which they state isn't true. Iranian Parliament speaker listed points Trump made in one hour, all false:
- US did not win the war with these lies and will not get anywhere in negotiation.
- With continuation of US blockade, Strait of Hormuz will not remain open.
- Passage through Strait of Hormuz will be conducted based on designated route and Iranian authorization.
- Whether the Strait of Hormuz is open or closed, regulation will be determined by the field, not social media.
Media warfare and engineering public opinion are an important part of war and Iranian nation will not be affected by these tricks.
Our government is playing these tricks on the American people. For the past six to seven weeks, Trump has flip-flopped: end to war, no end to war, manipulating the market. If we can't trust the president's word repeatedly, who are Americans supposed to trust? Just a few hours ago on Friday, he was complimenting the Iranian government.
Early on, supported Trump because he claimed to be different, but now no difference. Called out Nancy Pelosi for insider trading; her net worth with husband (who runs a hedge fund) is $270 million. Trump's net worth increased over $2 billion in the past year. Look into his crypto endeavors where investors lost 90%, meme coins, and market reversals with huge positions sold before sell-off news or bought before ceasefire announcements. Acknowledge manipulation even if you voted for him. No politician is different; they act in their best interest. No one's net worth increases $2 billion while president without conflict of interest.
NASDAQ had one of its biggest rally green streaks since 2009, but now back to square one: still attacking, oil prices high, inflation up, labor market weak. BTC at highs of 650 and beginning to drop. Markets react Monday; Trump may announce no more war.
Beginners bought at all-time highs trusting Trump's ceasefire words, got bull trapped, now think markets are rigged. Inconsistent statements irritate. For LPP team, trade live every morning: trimmed long positions at overbought levels due to uncertainty signs. Iran war, big earnings with lowered guidance, consumer spending expected to drop in 2026, yet markets at all-time highs. Played safe: trimmed for cash on sidelines to buy dips without selling all at top. Explore concepts via second link in description.
Appreciate time, wish amazing Saturday, end year on green note.
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