Feilong Daily｜April 26, 2026 (1) The King of Deals Faces Another Assassination Attempt Last night at the White House dinner, the King of Deals faced his 4th assassination scare. The shooter, suspected of carrying a shotgun and a handgun, fired 5-8 shots near the security checkpoint. Fortunately, no one was injured. Since the incident occurred over the weekend, the stock market has yet to react. (2) U.S.-Iran Negotiation Progress Trump unilaterally canceled Witkoff and Kushner's trip to Pakistan, stating: "If you want to talk, just call." Iranian diplomats, on the other hand, mentioned that a second round of talks might happen in the coming days. Meanwhile, Iran's Supreme Leader has ordered that the Strait of Hormuz must not return to its pre-war state. For now, both sides are talking past each other, with mixed signals and a high likelihood of continued standoff in the short term. (3) Key Focus: Next Week's FOMC Meeting Next Monday and Tuesday's FOMC meeting is the biggest market variable. This could be Powell's last time chairing the meeting. While it's highly likely there will be no rate changes, the wording of the statement and post-meeting remarks will be magnified by the market. Conclusion: The U.S.-Iran signals are too chaotic right now, not suitable for heavy positions or aggressive moves. We'll continue waiting for another dip. If there's another round of sell-offs, combined with the King of Deals' upcoming visit to China and the end of the World Cup, it might be a good time to start looking for spot buying opportunities. For contracts, wait for a rebound above 83,000 and then short in batches on the way down!