Break in!
Equity futures reverse lower on news that Iran has stopped message exchanges with the U.S. as a result of Israel’s actions against Lebanon.
Positions: None
Equity futures reverse lower on news that Iran has stopped message exchanges with the U.S. as a result of Israel’s actions against Lebanon.
Positions: None

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11:30 a.m.: Treasury hosts an $89B 3 and a $77B 6-Month Bill Auction

Positions: None.
Talks drag on, May Manufacturing PMI data, more memory chip pain, and other headlines are moving stocks this morning.
U.S. and Iran trade fire over the weekend, Nvidia unveils a new super chip, and Jamie Dimon says exuberance ain’t so bad …
I will have a new market update on Wednesday morning.
Working on it now.
Position: None
As AI drives the market to new highs, several issues could deliver a rush for the exits.
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Position: None