Iran Update III

According to CBS… The Pakistan  Ministry disputes the story that their Army Chief is going to Iran.

Positions: None

Reducing Consumer Staples Exposure

I am reducing my consumer staples exposure from medium to small in light of further evidence of a foundering consumer.

I am fearful that staples will not be stable/staple over the near term!

Positions: Long KMB S PG S PEP S

Iran Update II

Futures to a new high on reports that Qatar has sent a negotiating team to Tehran in coordination with the U.S. to secure a deal to end the Iranian conflict.

I am using the strength to move from VS to S in my Index shorts:

* ($SPY) $747.14

* ($QQQ)  $718.37

Short SPY S QQQ S