MAD MÆN 

Probably my Best Trade in shortest time. Over 300% is 1 minute, 1 second! $PYPL Options trade. @MadMoneyOnCNBC @OptionsAction Bought 0.23/contract, sold 0.76/contract in 1.01 minute. @dee_bosa thanks for reporting the PayPal trading platform news.

🚨 THIS IS INSANE. Commerce Secretary Howard Lutnick's sons could be making 3 to 5x returns on every dollar they spent buying tariff refund rights. Cantor Fitzgerald, now run by Lutnick's sons Brandon and Kyle, was buying tariff refund claims from companies at 20 to 30 cents on the dollar. The firm told clients it had "capacity to trade up to several hundred million" in these claims. They confirmed at least one $10 million trade was already executed as of July 2025. They said they expected that number to "balloon in the coming weeks." That was 9 months ago. Today those claims are worth 100 cents on the dollar. The refund portal is live, $166 billion in refunds are being processed. If Cantor bought $100 million in refund rights at 25 cents on the dollar, they spent $25 million. They now collect $100 million from the government. That is a $75 million profit. A 300% return. If they scaled to "several hundred million" as they told clients they could, the profits run into the hundreds of millions. Howard Lutnick was the architect of the tariff policy. He pushed Trump to impose them. He fought against officials who wanted to limit them. Then he left Cantor Fitzgerald to his sons and transferred his equity into a trust benefiting them. Tax free under government ethics rules. He received $360 million from the buyout. His sons positioned the firm to profit from the exact policy their father built. Their father publicly championed tariffs he knew could be struck down while his sons were buying refund claims betting they would be.

*APPLE: JOHN TERNUS TO BECOME APPLE CEO *TIM COOK TO BECOME APPLE EXECUTIVE CHAIRMAN

@KobeissiLetter Oil is somehow only up 6% today. Somehow it’s under $100.

BREAKING: Iran has told regional mediators that it will send a negotiating team to Pakistan on Tuesday for the second round of talks with the US, per WSJ. The US delegation is arriving in Pakistan and will be led by Vice President JD Vance.

@jimcramer I fear a rug pull. $SPY $QQQ

*TRUMP SAYS 'HIGHLY UNLIKELY' HE EXTENDS CEASEFIRE WITH IRAN

@zerohedge VIX just ran past 19, maybe the slam is coming. $SPY $QQQ

Remarkable how we haven't had a single 10am slam since Jane Street got busted

Dow is up? Huh? This is what I mean, the "brilliant" minds missed this run..

@zerohedge Till I see oil back under 60, recession is guaranteed.

Market is about to open, "good" headlines begin IRANIAN OFFICIAL: IRAN IS POSITIVELY REVIEWING PARTICIPATION IN PEACE TALKS WITH US, NO FINAL DECISION HAS BEEN MADE YET POSITIVE EFFORTS ARE UNDERWAY BY PAKISTAN TO END U.S. BLOCKADE, ENSURE IRAN'S PARTICIPATION IN TALKS: RTRS

Iran Says No Plans For 2nd Talks After US Seizure Of Cargo Ship, Pakistanis Contradict, Oil Prices Climb zerohedge.com/geopolitical/i…

BREAKING: The US Government has begun refunding up to $166 billion in tariffs charged under President Trump after the Supreme Court ruled the policy unlawful. Beginning today, businesses can file claims through a new customs system. Over 330,000 importers across 53 million shipments are expected to be eligible. Once approved, refunds plus interest will be paid within 60 to 90 days.

@zerohedge Perfect timing, before markets open 🙄 $SPY $QQQ

Iran willing to attend second round of talks with US, Pakistan officials say: AP #0000019d-aa9a-d3c1-adfd-fbdead7e0000" target="_blank" rel="nofollow noopener">apnews.com/live/iran-war-…

The S&P 500 is at an all-time high while Consumer Sentiment is at an all-time low. We've never seen a gap this wide between Wall Street and Main Street.

Based on how big Friday's rally in stocks and drop in oil were, it's surprising that only about half the moves have been reversed tonight, given that Trump's Friday posts turned out to be belated April Fool's jokes. But gold has given up more than 100% of Friday's gain. Buy it!

BREAKING: Iran says it has attacked US military ships with drones in retaliation for the US striking and seizing an Iranian cargo vessel in the Strait of Hormuz, per Tasnim.

@franco_0111 @KobeissiLetter They need to rip the bandaid off and let oil get to $150, negotiations will be done after. $80s will take the world into recession, $150 will force change.

@OptionsITrader @KobeissiLetter What's happening is mild. In fact, all those moves are part of negotiations as weird as they seem.

BREAKING: US oil prices surge +7%, rising above $89/barrel, as markets react to Iran closing the Strait of Hormuz and denying reports of a second round of talks with the US.

S&P500 FUTURES DROP 1% TO 7092 BRENT OIL JUMPS 7.3% TO $96.94/B

IRAN'S TOP JOINT MILITARY COMMAND: IRAN WILL SOON RESPOND AND RETALIATE AGAINST THIS 'MARITIME AND ARMED ROBBERY' BY U.S. MILITARY

Mr. President, I am not giving up any of my rights for anyone or any cause.

IRAN SAYS NO CLEAR PROSPECT FOR PRODUCTIVE US TALKS: STATE TV