Traders,

Things seem to be escalating in this situation we find ourselves in and even with the idea of a meeting being done but then being refuted by Iran the markets still are up and they were looking for any reason.

The thing is, I don’t believe this price action and neither do many I’ve chatted with this week.

That doesn’t mean I want to get short the market either which I talked to you all about in the Sunday letter.

Then one of the names I mentioned in $HOOD ( ▲ 5.01% ) just announced a new $1.5B buyback which helped us trade higher but we’ve faded….

In this afternoons Roundup I want to reiterate some views from Sunday and talk about a new trade I just put on today and explain it…..