To The Moon

Michael Burry, the "Big Short" famed for accurately shorting the U.S. housing market in 2008, has recently made a significant shift in his strategy.He posted on a social platform announcing that he...

One big nonmilitary question has loomed over President Trump's attacks and now cease-fire in Iran: Would the U.S. economy take a hit from a prolonged war?Since earlier this year, the president and advisers have been privately hearing from cabinet officials, political allies and corporate leaders about what the war could do to Wall Street and Main Street if it didn't conclude within a tight time frame. Many cautioned against -- or drew up scenarios for -- a more-extended fight.Last month, the Treasury Department issued a short-term authorization permitting the sale of Iranian oil already at sea.There have been private admonitions as well. In recent weeks, according to people familiar with the matter, the CEOs of the three largest U.S. oil companies warned Trump administration officials including Energy Secretary Chris Wright and Interior Secretary Doug Burgum. The executives said that a prolonged closure of the Strait of Hormuz, an artery for 20% of the world's daily o

Market timers are too bullish about the outcome of the war - and May marks the start of the worst six-month stretch for markets historically. The U.S. stock-market correction has more downside ahead, according to contrarian analysts. That's because the mood on Wall Street in March and early April hasn't been pessimistic enough to trigger a contrarian buy signal.Instead, short-term stock-market timers have remained relatively bullish during the Iran war that began on Feb. 28. And after a two-week cease-fire was announced, market-timers stayed bullish.This is particularly evident among timers who focus on the Nasdaq stock market. The Nasdaq Composite Index COMP in March fell by more than either the S&P 500 SPX or the Dow Jones Industrial Average DJIA, dropping into semiofficial correction territory by declining by more than 10% from its February high. And because the Nasdaq market is highly sensitive to changes in investor sentiment, we would have expected that Nasdaq-oriented market tim

A senior Iranian lawmaker said a parliamentary proposal would permanently bar oil tankers linked to the United States and Israel from passing through the Strait of Hormuz. Ebrahim Azizi, head of...

An informed source, speaking to an Iranian media outlet close to the government, has denied reports about the arrival of an Iranian negotiating delegation in Islamabad.The source stated that,...

Trump Says NYT and CNN Reported a 'Fake' Ten-Point Plan Intended To Undermine The Peace Process And Those Involved

Iran's Fars News Agency Says Oil Tankers Passing Through Hormuz Have Been Stopped After Israel's 'Ce

ROI-It's time to end the world's delusions over the Iran energy crisis: RussellThe views expressed here are those of the author, a columnist for Reuters.By Clyde Russell

Strong one-day rallies are far more common in weak markets.

Trump reiterates threats to attack Iranian infrastructureTrump says bridges, electric power plants in Iran will be next targetsTrump has offered shifting goals and timeline for war(Reuters) - U.S....