Trump: Iran not a threat. Oil lower. Stocks higher. Prices dropping.

Pres.Trump is on TruthSocial touting the latest. He posts in all caps as well that:

"OIL IS FLOWING, IRAN CAN NEVER HAVE A NUCLEAR WEAPON (THE WORLD WILL BE SAFE!), THE STOCK MARKETS ARE ROARING, JOBS ARE AT RECORDS, AND PRICES ARE DROPPING (AFFORDABILITY!) OUR COUNTRY IS STRONG, SAFE AND RESPECTED LIKE NEVER BEEFORE. "YOU'RE WELCOME!" President DJT"

• S&P up 1.01%
• Nasdaq up 1.40%
• Crude oil -$2.88 at $73.15 and dipping below the 200 day MA at $73.57
• Intel is up 6.64% after Trump posted earlier about a deal with Apple and intel. Trump and the US Govt bought 10% of intel at $20. The stock is trading at $128 currently.

This article was written by Greg Michalowski at investinglive.com.