New Video From Don: Oil at $111 - Why I Can't Get Bullish

Oil just hit $111.

That's not a US problem anymore. That's a global "oh sh*t" moment.

And here's what nobody's talking about: We had problems BEFORE this geopolitical mess even started.

Private credit markets are seizing up. Blue Owl just froze 41% redemption attempts. Blackstone's down 30%. Even the mega-caps like Meta and Microsoft? Dead money for almost a year.

But today? S&P rips 195 points - exactly to the penny of what the expected move predicted a week ago.

You can't make this stuff up.

Look, I've been trading long enough to recognize the signature moves of heavy volatility. This isn't just "markets go down 150 points" volatility.

This is "rip your face off rally" volatility. And that should scare you more than any selloff.

Because when oil's trading at these levels, demand destruction kicks in immediately. 

Fill up your SUV this weekend and tell me you want to drive anywhere ever again.

The math is brutal: $170 expected move for next week. 

Zero DTE options are completely controlling this market. 

And volatility futures? Still bid going into a holiday weekend.

That never happens unless something's really wrong.

I'm breaking down exactly what's happening in today’s video - and what's coming next.

This is far from over.

To your success,

Don Kaufman