⚡️ JUST IN: US and Iran may resume talks as early as next week in Islamabad.

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When you hear that Nancy Pelosi just took a position in a stock you’re holding

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Why trading is harder than physics?

This 1 min clip will change how you think about trading

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Trading is not about charts, candles, lines, and drawing tools. Or at least, it is not just about that.

A lot of people know technical analysis. What separates a successful trader is personality. It is someone who has managed to overcome, fully or almost fully, most of the fears, weaknesses, and mental patterns that come with being human.

That is much harder than learning technical analysis. It cannot really be explained, and it cannot be understood from the outside. It has to be experienced.

You go from having nothing to having everything, and then back again, many times over, until both extremes lose their meaning and turn to dust.

Many traders are deeply emotional by nature, but they learn to become remarkably calm and detached. For them, rigid beliefs, assumptions, and personal convictions carry little weight.

That is the price they pay to avoid suffering too much when they lose, and to avoid becoming overly euphoric when they win.

Over time, it becomes a psychological defense mechanism, almost like a conditioned reflex.

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⚡️ JUST IN: Trump releases a statement on Iran.

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⚡️ JUST IN: Trump responds to Iran’s reply to the US 14-point peace proposal.

Futures will open in under 2 hours.

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⚡️ JUST IN: Over 600 current and former OpenAI employees reportedly sold $6.6B in stock, averaging about $11M each.

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⚠️ Key Events This Week

The week is centered around inflation. CPI and PPI will show whether price pressures are easing or staying stubborn, while retail sales will reveal how consumers are holding up under current conditions.

🟡 Monday

● April Existing Home Sales

This shows housing demand under current mortgage rates and gives a read on activity in the real estate market.

🔴Tuesday

● April CPI Inflation data

The main release of the week. CPI is the most closely watched inflation report and has a direct impact on Fed expectations, rates, and the US dollar.

🔴 Wednesday

● April PPI Inflation data
● OPEC Monthly Report

PPI shows inflation pressure at the producer level. OPEC’s report provides an updated view on oil supply and demand, which can influence energy prices and inflation expectations.

🔴 Thursday

● April Retail Sales

This measures consumer spending, the main engine of the US economy. Strong data supports growth, while weaker numbers point to slowing demand.

🟡 Friday

● April Industrial Production

This tracks output from factories, mines, and utilities and offers another read on economic momentum.

Main focus: Tuesday’s CPI and Thursday’s Retail Sales.

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Michael Burry says the current US stock situation resembles the final months before the Dotcom bubble burst.

Michael Burry is a well-known investor who predicted 50 of the last 2 US stock market crashes.

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⚡️ JUST IN: Trump says he is considering renewing "Project Freedom" in the Strait of Hormuz.

Project Freedom is a US Military operation created to escort merchant ships through the Strait of Hormuz. US oil prices rose to $98 per barrel on the news.

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Trump said he is seriously considering making Venezuela the 51st state of the US.

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🔈 Saudi Aramco Warns of Critical Fuel Shortage

Saudi Aramco, the world's largest oil company, warns that fuel supplies are approaching a "critically low level".

According to Bloomberg, there are two weeks left before demand rationing for petroleum products begins.

The world is heading toward the most severe energy crisis in modern history, with a potential oil shortage caused by the war in Iran possibly triggering rationing within weeks.

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, says this is not a matter of months or quarters. He expects demand rationing to be more severe in the next couple of weeks than during COVID.

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⚡️ JUST IN: eBay rejects GameStop’s $56B takeover offer as “neither credible nor attractive”.

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