Matt Schwartz

@BrettErickson28 He probably would if it comes to it, but he will do whatever he feels necessary to look good going into it. Iran is definitely the winner in this war. People will quickly forget all the bashing he did about Obama's deal and yet nothing will change here.

@KyberSoze I wonder… I feel like more likely he’d double down and accept midterm losses.

It appears that this “letter of intent” wouldn’t even open the Strait of Hormuz during the 30-day period of negotiations. All this would do is act as a further extension of the ceasefire by 30 days. A ceasefire which, may I remind you, provides absolutely ZERO benefit to the United States, and ALL the benefit to Iran. The U.S. blockade has failed. Miserably. Iran is not even close to shutting in their oil wells or running out of storage. The regime is not teetering on the edge of collapse. All this letter of intent would do is allow for Iran to further their leverage by forcing the global economy to experience even greater pain due to the closure of the Strait.

@TradingThomas3 Weak hands are out. Time to run into earnings call and beyond!

$NVDA as many expected, beat and raise guide First move lower

@1769_alex Following KOSPI as usual. Nothingburger

What a dump $ES $SPX $SPY 👀 news?

@TrendRider30 Already in and will add more on confirmation breakout

@KyberSoze Are you planning to ride the wave and add in, or sit tight and watch first?

If you didn’t buy for past month and half but decided to buy the dip the last 3 trading days… I’m truly sorry.

@CarsonTalkMoney This is the @jimcramer effect. Dumped as soon as he posted about it

What an insane sell off! $NOW hit $110 this morning, and have since fallen 10%! I honestly didn’t see any news on them What do you think caused the sell off?

@vnkumarvnk Found the real leak

$NVDA Earnings leaked!

@pawtraks @TradingThomas3 As of this month, semiconductors alone account for about 18% of S&P 500 but have driven nearly 70% of its gains this year. I don’t think the music is going to stop anytime soon. Plus Trump is too weak to get the job done in Iran which would also drop bond yields and send us up.

@KyberSoze @TradingThomas3

@TheMacroEngine Where is the screenshot of data from?

5/17 Current Macro Environment (watch the yield curve) 🚨 1. Long end is doing the damage: The 30Y is over 4.95% and rising, while 10Y real yield is still around 1.93%. That keeps the discount-rate pressure alive even while equities rally 2. Curve steepening is the main macro tell: The 2s10s at +48 bps says the market is moving away from deep inversion and toward a more late-cycle/reflationary setup. CAN BE BULLISH IF DRIVEN BY GROWTH. 3. Risk assets are ignoring any and all bond market stress: S&P 500 is strong, gold is strong, and credit/volatility look calm Stocks are rallying. Gold is rallying. Credit looks calm. Vol is contained. The bond market is the headline this week. 30Y yield near 5%, 10Y real yields still elevated, and the 2s10s curve has steepened back to positive territory. That is not a clean “Fed easing is coming” setup. It looks more like a market pricing resilient growth, sticky inflation risk, and higher term premium at the same time. The key warning sign: breadth is fading while the S&P keeps pushing higher. Translation: risk appetite is still alive, but the foundation is getting more rate-sensitive. This is not a panic setup yet. It is a “don’t ignore the long end” setup. If yields keep rising and breadth keeps fading, the equity rally becomes much more vulnerable. @Globalflows

@EmoryExplorer I had a feeling Trump would do this either within the last hour of trading, right after market close, or over night.

@KyberSoze Finally! Did you see that coming or just lucky timing?

Dip buyers punished on back to back days, miracles happen 🤯

@KobeissiLetter Trump see market dipping, gets into his position, drops news 1 hour before close, easy money. Must be tiring being a bear in a trump controlled bull run. If you think the market is gonna shit the bed before the primaries.. I have something to sell you.

BREAKING: President Trump says he has called off a US "Military attack" on Iran which was scheduled for tomorrow after leaders of Qatar, Saudi Arabia, and the UAE called him and asked him to "hold off." Trump has instructed the US Military to "be prepared to go forward with a full, large scale assault of Iran."

@dan_web3 @Mr_Derivatives Of course this will happen on FOMC and NVDA ER day.

@Mr_Derivatives VIX expiration is Tuesday, watch for the vol pop on Weds. The VIX tends to drift towards spot as dealers unwind or exercise closer to expiration. Once expiration rolls off, we should see fireworks

Futes update: Ok what is going on with the $VIX….

@TradingThomas3 Israel will probably make a move soon if Trump keeps wasting time. If Hormuz stays closed into June, won't be good.

🌮🌮🌮

@KobeissiLetter Still waiting for any of this to materialize into something real. Knowing the market, SPY will make NATHs again next week.

Our 5th warning: The bond market crisis is intensifying. The US 10Y Note Yield is now officially above 4.55% for the first time since May 2025. After weeks of euphoria, the market is beginning to react today. As we have been stating for the last few weeks, the current situation in the bond market is unsustainable. We are now above levels seen when President Trump implemented a "90-day tariff pause" in April 2025 due to a collapsing bond market. Furthermore, the market now sees a 60%+ chance that the Fed's next move is an interest rate HIKE, with rate cuts entirely priced-out. We expect to see 7%+ mortgages next, all as auto loan delinquencies have reached 32-year highs. Inflation is back and higher rates are coming.

@TradingThomas3 And this is when they nuke it. Once the bears have given up.

Sentiment on X has swung heavily to one side. Bulls are getting extremely exuberant while bears look completely defeated and have lost all hope.

“China is very happy that I am permanently opening the Strait of Hormuz. I am doing it for them, also - And the World. This situation will never happen again. They have agreed not to send weapons to Iran…” - President Donald J. Trump

@tommysantos14 Here is my prediction - My great friend Sharif of Paki has asked for an extension before we obliterate Iran. As a I am a merciful leader on the global stage, I humbly accept this proposition in good faith of our allies. Praise Allah. Thank you for your attention to this matter.

When Trump pussies out tonight, his message will go something like this: "I am pleased to announce that Iran has agreed to save the lives of its great and wonderful people and make a deal! Therefore, I am postponing the Total and Complete Devastation of their bridges and nuclear powerplants for one week. There is still a chance for Iran to become a respected country, the likes of which the world has never seen, if they do the right thing. We have already won this war, Totally and Completely. Do the right thing! Thank you for your attention to this matter!" What do you think? Did I miss anything? 😏

@financialjuice My great friend Sharif of Paki has asked for an extension before we obliterate Iran. As a I am a merciful leader on the global stage, I humbly accept this proposition in good faith of our allies. Praise Allah. Thank you for your attention to this matter.

⚠️ BREAKING: Pakistan PM Sharif: Request Trump to extend Iran deadline for two weeks.