u/tabrizzi

Iranian state media reports talks are moving toward “convergence of views” and a memo of understanding is being finalized. Positive geopolitical news reduces uncertainty, typically lifting risk assets like the S&P 500 (SPY) in the short term. The author implies a guaranteed green day on Tuesday/Wednesday, making a short-term long SPY bet the most direct expression of that view. The comments highlight repeated “still under review” headlines over the past month; actual deal may not materialize, causing disappointment.

The CEO explicitly said building new factories takes too long, implying a supply bottleneck that benefits existing capacity Market sold off on the news, but the author believes the reaction is inverted; a contrarian long could capture a mean reversion Short-term bounce play on a potentially overdone sell-off in STX driven by misunderstood supply dynamics Broader tech weakness, deeper macroeconomic headwinds, or specific company fundamentals not addressed in the post