"Buy The Dip" Is Dead: Retail Sells Today's Market Bounce, 2nd Time This Week; Sells Nvidia

Qatari LNG Tanker Abruptly U-Turns In Hormuz Chokepoint After Weekend Transit Breakthrough Day 72 of the U.S.-Iran conflict opened with yet another failed diplomatic off-ramp. Tehran on Sunday submitted a counterproposal to the Trump administration's plan to end the war, but President Trump swiftly rejected it as "totally unacceptable," pushing WTI crude futures roughly 3% higher to $98 a barrel as traders slightly repriced the war-risk premium higher for a prolonged Strait of Hormuz disruption. Tehran's counterproposal was a major focus over the weekend, but what caught our attention Saturday morning was...

Iran Tried To Bring IRGC-Linked Individuals Into US With World Cup Delegation: Homeland Security Chief Via American Greatness, Homeland Security Secretary Markwayne Mullin said Sunday that Iranian officials attempted to bring multiple individuals with alleged ties to the Islamic Revolutionary Guard Corps into the United States as part of the country’s World Cup soccer delegation. Mullin made the remarks during an interview with Fox News as U.S.-Iran negotiations were U.S. officials subjected members of Iran’s traveling delegation to heightened scrutiny after President Donald Trump directed the Department of Homeland Security to conduct extensive vetting of...

California's 'Wealth' Tax Is Coming For Everyone Authored by Edward Ring via American Greatness, If you own property in California, you're not safe. A new ballot measure will empower the state to confiscate a percentage of the assets of any resident, even though its initial provisions don't communicate that intent. California's "One-Time Wealth Tax for State-Funded Healthcare, Education, and Food Assistance Programs Initiative," which has already qualified for the November ballot, is even worse than it appears. It's not as if appearances aren't bad enough. The explicit intent of the initiative already...