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$RTY under 2500 now.“Extreme Caution™” is back in play. See pinned post for context. $IWM $SPX

Asia Turns to Coal as Iran War Rapidly Shrinks Supplies of Gas War in the Middle East is forcing Asia to turn to coal to plug the gaping hole emerging in its supply of liquefied natural gas. Nations from South Korea to Indonesia and Bangladesh are prioritizing coal as a power source, as the intensifying conflict upends gas supplies from a key exporting region. Among the worst hit countries is Qatar, home to the world’s biggest LNG export facility that Asian customers rely on. Its Ras Laffan plant has suffered extensive damage after a sharp escalation of attacks on energy infrastructure across the Persian Gulf. As the global gas market buckles under pressure from surging prices, Asian nations are seek alternatives. That means doubling down on their mainstay fuel — coal. (Bloomberg)

🚨BREAKING: SUPER MICRO CO-FOUNDER ARRESTED FOR SMUGGLING $2.5B IN NVIDIA GPUs TO CHINA >SMCI co-founder Yih-Shyan "Wally" Liaw arrested today >personally holds $464 MILLION in SMCI stock >charged with smuggling BILLIONS in Nvidia servers to china >used a southeast asian shell company to funnel $2.5B in servers to chinese buyers >$510 million worth shipped in just THREE WEEKS in spring 2025 >built thousands of fake dummy servers to fool U.S compliance auditors >caught on surveillance camera using a HAIR DRYER to swap serial number stickers >coordinated the whole thing over encrypted group chats >SMCI down 12% after hours >faces up to 30 years in federal prison ITS SO OVER…

🫢New Home Sales Sink Nearly 20% to Lowest Level Since 2022🇺🇸