You might think that I called the top on the market a couple days ago, but I really don't see the market gaining any downside momentum until after the July 4th short squeeze cycle, and it just so happens that Trump's deadline on more than 150 trade deals is July 9th. Yes, I believe it's all coordinated...
I even warned any would be bears to steer clear of the Direction leveraged bear ETF $TECS (Tech short)
3X tech bears to remain trapped indefinitely $TECS pic.twitter.com/MAmF0GD8aH
— Veteran Market Timer (@3Xtraders) June 11, 2025
Yesterday's mysterious market action revealed
If you were watching your tickers, yesterday, then you may have seen the $VIX gap up in the morning, and spike several times during the day.
Oil also ran further than it had in some time, with the $USO gapping back above the 200 day moving average.
I hadn't seen any news to explain what I was seeing, but I suspected something might be brewing...
Oil touches $67 (not $77) - maybe we're going to attack Iran, but probably not #CrudeOil pic.twitter.com/U9AUTDYCrD
— Veteran Market Timer (@3Xtraders) June 11, 2025
Of course there's a much bigger story here, and one that's been brewing for nearly a year, and one that presents a far greater military conflict, between the US, and Russia, and there's a good chance that Iran is going to provide the catalyst...
How do I know this? The smart money has been piling into Military contractors and Gold stocks for over a year now.
Published a year ago:
6 Top Defense ETFs to Watch themotleyfool
Pricking out a couple Aerospace and defense stocks at random
$ITA iShares U.S. Aerospace & Defense ETF
$PPA Invesco Aerospace & Defense ETF
$FITE (pronounced "fight") SPDR S&P Kensho Future Security ETF
....tracks the S&P Kensho Future Security Index, a modernized version of a defense index. The Kensho index is designed to track companies focused on issues such as cybersecurity, advanced border security, military robotics, drones, and space technology. This is a relatively new fund and index.
The fund has about $65 million in assets. As of October 2024, the top five holdings in the SPDR S&P Kensho Future Security ETF were:
As you can see this sector didn't have any trouble breaking out to new all time highs
$DEFN (3X leveraged Aerospace & Defense Bull - we're actually seeing this one 4% lower this morning, as the smart money sells the news.
Of course removing Iran as a military threat is going to be good for Israel, and you can also see that in the charts.
$TA125 Tel Aviv
Gold
And now you know why investors have been piling into Gold for over a year. Had nothing to do with inflation, or the $USD. #WWIII #Iran #Israel #Russia #Chinahttps://t.co/J59qze9fl4
— Veteran Market Timer (@3Xtraders) June 12, 2025
Take Care, AA
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