The plan would end the war along current battle lines...

Everyone underexposed to gold has piled into upside calls, sending volatility to extremes. Theta is painfully expensive up here — and once gold pauses or reverses, that realization will hit hard, turning into a major headwind.

Today has an embarrassment of riches in news; and a poverty of takes of how it all links together.

"The outage will likely fuel customers wanting to spread their infrastructure..." 

...don't panic!

“There's a lot of optimism about the Alaska LNG project, and the FEED study should be coming out in December of this year, and I think that we're going to see a lot of interest...”

Retail has grabbed gold with both hands lately, especially on big down days.

The path of least resistance for the Dollar Index in the next few months is higher, but the longer-term picture for the currency is still negative...

"The risk of an asymmetric downside rises..."

The new plant, slated to open in mid-2026, will produce two gigawatt-hours of batteries, effectively doubling Eos’s production capacity in the Pittsburgh region...

Says Trump will not leave the White House and calls Stephen Miller 'Goebbels of the cabinet'...

"...we are raising our full-year guidance, underscoring our confidence in the company’s trajectory.”

"If private lending hiccups continue, pensions etc. may be forced sellers of index funds to avoid punitive private asset marks and meet ongoing obligations." 

"The Socialists were clear last week: they were willing to lend their support..." 

...future activity expectations at the firm level fell 12 points to 0.2, its lowest reading since April...

"Inflation in the US and UK are expected to rise further. Any upside surprises there could easily derail the rally."

"The base model iPhone 17 is very compelling..." 

Recent blows to bullish sentiment have made investors less keen to aggressively buy the dips. But few look ready to call an end to the rally.

Despite being ineligible for a third term, Donald Trump still holds 3.3% odds, while Elon Musk (1.1%) is also ineligible due to being foreign-born...

"In about a year from now, we'll have so much critical minerals and rare earths that you won't know what to do with them."