As I had shared yesterday, US or Donald Trump has made his move. All eyes are now on Iranian 🇮🇷 response... what would Iran do? Oh, what could Iranian even do? That would be the expected thought process of Donald Trump's government.

Like China in a tariff war, Donald Trump expects Iran to do nothing and just surrender. As mentioned in my previous post, I don't have military visibility into Iranian military capabilities. However desperate people take desperate measures. I am obviously not hoping for a 9-11 or equivalent event. Besides conventional warfare, US has to be prepared for some unconventional responses from the Iranian government.

The market's current response is relatively subdued if I may. Yes, there's the initial drop in indices future and some spikes in oil and gas prices. But, is there any difference with a simple correction in prices? I don't think so.

Take another look at the chart below. As mentioned in the other post, I had expected the market participants to continue to support the market. This is obviously not normal market. Risky bets are still in place and people are still looking to enter the market at every dip in prices. With people rushing out from the tiny exit window has provided anyone who is in the know the opportunity to take insurance without paying at a higher premium. This situation also gives us the opportunity to study our existing positions and adjust accordingly.

This window of opportunity might not last long, so do make the best use of it to reconsider your options. No matter what, do not swim naked because you will be found out when the tide is REALLY out...           

I am not advocating to drop everything and run into the mountains. 🏔️ We can still stay vested, just add a layer of protection on top of what we have and perhaps adjust your position sizing if you can't stomach a 10-20% drop in your current portfolio. That's all...

Hope I am making sense here.

@Tiger_comments @Daily_Discussion @TigerStars @CaptainTiger