WELCOME

Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...

Dots

...If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Spring

Spring

Events

UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...
* Mon. May 28 ~ U.S. markets closed for Memorial Day Holiday
* Wed. May 30 @ 2:00 pm ET ~ Beige Book Report
* Fri. June 1 @ 8:30 am ET ~ Employment Data
* Tues. June 12 @ 8:30 am ET ~ MoM & YoY CPI & Core CPI Data
* Wed. June 13 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
* Tues. July 3 ~ U.S. markets close early at 1:00 pm ET
* Wed. July 4 ~ U.S. markets closed for Independence Day Holiday
* Thurs. July 5 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Wed. Aug. 1 @ 2:00 pm ET ~ FOMC Announcement
* Mon. Sept. 3 ~ U.S. markets closed for Labour Day Holiday
*** Click here for link to Economic Calendars for all upcoming events

IMPORTANT BLOG POST UPDATES...
* JCPOA - Will President Trump recertify the JCPOA on May 12?...stay tuned...May 8 the answer is "No"...US pariticipation in the deal
is scrapped...new sanctions coming for Iran and, possibly, for nations supporting Iran.

Monday, May 07, 2018

Is the Iran Nuclear Deal Illegitimate?

* See UPDATE below...

I watched Prime Minister Netanyahu's recent speech on TV where he described the extent to which Iran's nuclear program had been developed before the 2015 Iran nuclear deal was reached between Iran and six countries -- the US, UK, Russia, France, China and Germany.


From the information he provided, it appears that the parameters around which that deal were structured were false and no longer exist, and, therefore, one could argue that the deal is now illegitimate.

President Trump will have to decide whether or not to recertify the JCPOA by May 12.

By staying in the Iran deal, it sends a message to other countries such as North Korea that they, too, can make deals with the US based on false facts. It sets a precedent and a framework around which future deals could be structured and puts the US and its allies in a more weakened position than they were in before entering into such an agreement, inasmuch as they become tied to the conditions of the agreement.

Stay tuned...


* UPDATE May 8...

President Trump withdrew US participation in the Iran deal today...new sanctions will be implemented against Iran and, possibly, for nations supporting Iran.