TRUMP IRAN DEAL ANNOUNCEMENT AT 1:30PM - MARKETS ABOUT TO MOVE
In a Nutshell
Trump's 1:30 p.m. ET announcement on Iran deal talks could spark a market rally by easing tensions and dropping high oil prices, boosting inverse oil ETF SO while NASDAQ holds oversold support amid US insolvency concerns, rising labor costs (4.4% vs. 3.5% expected), and weak PMIs. External pressures like 7% mortgages, $4 gas threats, and $39T deficit refinancing needs push deescalation despite political rhetoric. Trader closed shorts for $700 profit, took small longs up $700, advising cautious positions sized for risk ahead of potential upside or selloff.
These notes were generated by AI and may contain inaccuracies.
Markets are dropping, but maybe not for long. NASDAQ market is slightly in the red. Trump is making a major announcement at 1:30 p.m. Eastern time, about 2.5 hours before markets close. Insiders expect him to announce further deal talks with Iran. If so, markets have reason for a nice uptick. Oil prices, currently incredibly high, are expected to drop with deescalation. Inverse oil ETF SO goes up when oil prices go down, presenting an opportunity for those willing to take the risk.
NASDAQ was making lower highs but not lower lows. Markets are oversold with good risk-to-reward. Trump appears willing to make a deal with Iran despite prior ultimatums. Stock market doesn't care about politics—only deescalation, which could lead to a rally.
United States is insolvent according to US Treasury, missed by media—Google search recommended. Markets saw a significant downturn in the first hour but are establishing support. With the 1:30 p.m. update, markets could end in the green. If announcement is worse than expected, markets could sell off due to uncertainty and fear. Markets love to pump, and Trump is good at it by highlighting positive economic outlooks.
US Q4 labor costs rose 4.4%, crushing expectation of 3.5%—rate cuts not happening soon, not bullish. PMI report: services PMI at 51.1 vs. expected 52 (worse); manufacturing PMI at 52.4 vs. expected 51.5 (relatively flat).
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