Tony G, PE
@tonyg45241
Trader, licensed chemical engineer (PE), economics, love animals, psychology and mental health, authentic INFJ, fitness and nutrition, independent, collaboration is far less expensive than confrontation, from CA, living in Cincinnati Ohio.
President Trump’s approval rating is at a historical low at 38% for all presidents at this stage in their term:
Closing the Red Sea route adds 9 days of ship travel from China to Europe and about the same for petroleum products shipments from the Persian Gulf region.
May Core PCE increased per today’s economic report. The Core Personal Consumption Expenditures (PCE) Price Index is the Federal Reserve’s preferred measure of inflation and excludes food and energy. It jumped from 3.3% to 3.4% annualized. PCE including food and energy is 4.1% annualized.
Tuesday, 6/23/2026, the VIX was up +10%, which means that there is a >80% probability the S&P & NASDAQ will have an up day in the next two days.
Iran’s ace in the hole is desalination plants. Taking some of these out could result in a region being uninhabitable. Here are their locations:
When the BofA Bull & Bear Indicator is 8 or higher, the market declined 2 to 3% with a maximum drawdown of ~20%.