American Airlines Shuts Down United Merger Talk As Wells Fargo Signals Another Possible Tie-Up

In the week leading up to the war on Iran, Israel repeatedly warned Lebanon would be targeted if Hezbollah became involved in that conflict, and once the war was underway the US sought to assure Lebanon that Israel had no intention to escalate the conflict into Lebanon so long as no attacks were launched from […]

"Buy The Dip" Is Dead: Retail Sells Today's Market Bounce, 2nd Time This Week; Sells Nvidia Two weeks ago we warned that the BTFD trade - that staple of every market dip in the past 3 years - appeared to be fading rapidly, as retail investors were demonstrating "persistent signs of weakness" following the start of the Iran conflict with weekly purchases decelerating by ~30% after defying seasonal patterns and making February their 3rd largest month on record; additionally, that Monday marked the largest retail net-selling day in single stocks in...

The Wrath Of Kharg By Ben Picton, Senior Market Startegist at Rabobank Brent crude is bid again this morning as markets digest the dump of news over the weekend relating to the Iran war. On the bullish side for crude was the US decision to bomb Iranian military assets on Kharg Island – the Persian Gulf port where up to 90% of Iranian oil exports are typically loaded onto tankers. Announcing the strikes via Truth Social, President Trump was at pains to be clear that oil infrastructure was not targeted, but...