Oil Crashes, Stocks Soar On 'Scripted' Iranian Retaliation; Gold & Crypto Jump As Dollar Dumps

Some fascinating price action today as stocks surged and oil dumped after Iran retaliated with strikes on US bases in Iraq and Qatar. It seems clear that traders are simply looking through today's actions as 'theater' (the bases were warned beforehand) that actually is de-escalating the situation and CNN reported that "TRUMP DOESN'T WANT MORE MILITARY ENGAGEMENT IN MIDEAST".