r/TradingPlaybook

Trump, Don Jr., Eric, and the Trump Organization dropped their $10B suit against the IRS over the old tax return leak. In return, the DOJ set up a $1.776B Anti-Weaponization Fund paid from taxpayer money and the IRS is permanently barred from pursuing any past tax claims against Trump, his family, or his companies.

The Mirror calls the whole thing corrupt and labels Trump the most corrupt president in history. No money goes directly to Trump. The fund is supposed to compensate others who claim they were targeted by prior administrations.

For markets, this removes a long-running tax overhang on Trump-related entities. DJT (Trump Media & Technology Group) has been trading mostly on Trump headlines lately.

This settlement clears one layer of legal risk, though it adds fresh political controversy. No obvious read-through to broader indices like SPX or sectors like financials (XLF), but it does signal reduced IRS scrutiny for high-profile names.

Article: https://www.themirror.com/news/politics/donald-trump-corrupt-irs-settlement-1847427

Bitcoin / U.S. Dollar

Measuring from the all time high to May 24^(th) Pentecost/Feast of Weeks/Shavuot.

This is a 50-day count from Resurrection Sunday April 5^(th) and is a highly possible day of the Rapture.

With Biblical knowledge, we can unpack the chart to reveal the story.

The money knows before the event. Biblically, we know that Judas was paid to betray Jesus.

Luke 22:3-6 Then entered Satan into Judas surnamed Iscariot, being of the number of the twelve. And he went his way, and communed with the chief priests and captains, how he might betray Him unto them. And they were glad, and covenanted to give him money. And he promised, and sought opportunity to betray Him unto them in the absence of the multitude.

Russia’s plan to ship another 50 billion cubic meters of natural gas to China each year just hit a wall. Putin met Xi in Beijing yesterday but came away without a firm commitment or timeline for the Power of Siberia-2 project.

Kremlin says they have a “general understanding” on route and specs, but the details still need work. Analysts point out construction would take 8–10 years anyway.

This matters for the natural gas market. Russia has been pushing hard to replace lost European sales. China is already buying more through the existing Power of Siberia-1 line, but it looks like they’re in no rush to lock in the new volume. Moscow is also unhappy about China supplying parts for Ukrainian drones, which adds tension.

For stocks and commodities: watch natural gas futures (UNG) and broader energy names that track LNG or pipeline exposure. Bitget GetAgent also suggested that any delay keeps upward pressure off global supply in the near term.

European gas buyers might breathe easier for now, but longer-term diversification for Russia stays stalled.

Source: https://www.pravda.com.ua/eng/news/2026/05/21/8035669/

SpaceX has filed to list on the US stock market under the ticker SPCX. The company is setting its own valuation at $1.25 trillion. That would value Elon Musk’s majority stake at more than $600 billion and, together with his other assets, could push him past the trillion-dollar mark.

Last year SpaceX brought in $18.6 billion in revenue but posted a $4.9 billion net loss. In the first three months of this year revenue was $4.7 billion with a $4.3 billion loss. The balance sheet shows $102 billion in assets and $60.5 billion in debt. The filing also notes plans to fold xAI into SpaceX and lists a $15 billion annual data-center deal with Anthropic.

It flags expected legal costs above $500 million from various claims, including deepfake lawsuits tied to Grok. The IPO is described as potentially one of the largest ever, but the company is still unprofitable.

Source: https://www.bbc.com/news/articles/cg4pe2953q1o

The timeline [image1], [2], [3] is built by the movement of a digital asset against linear time.
The Fibonacci Ring is the representation of specific movements made by the asset, and is used to identify and manifest Biblical language into our current circumstances/reality.
Pentecost/Feast of Weeks/Shavuot - A highly possible day of the Rapture, is a 50-day count from Resurrection Sunday April 5th, landing on Sunday May 24th.
View the Bible not just as historical but live and active; as a guide, speaking into the present and the future.

>Hebrews 4:12 For the word of God is quick, and powerful, and sharper than any twoedged sword, piercing even to the dividing asunder of soul and spirit, and of the joints and marrow, and is a discerner of the thoughts and intents of the heart.

>2 Timothy 3:16 All scripture is given by inspiration of God, and is profitable for doctrine, for reproof, for correction, for instruction in righteousness:

>Isaiah 46:10 Declaring the end from the beginning, and from ancient times the things that are not yet done, saying, My counsel shall stand, and I will do all My pleasure:

London Mayor Sadiq Khan’s office just killed a proposed two-year, £50 million deal between the Metropolitan Police and Palantir. The reason given is a clear breach of procurement rules, the Met only talked to Palantir and didn’t test the market for value. The Mayor’s Office for Policing and Crime called it a serious failure and said they won’t approve it.

Palantir already has over £600 million in UK public contracts, including a £330 million NHS data platform and work with the Ministry of Defence. This was supposed to be their biggest policing win in Britain. The company can still bid on future work, but the block highlights how political and regulatory risk can hit government contracts fast.

PLTR stock has been riding AI and contract momentum. This news shows that not every deal goes through smoothly, especially when public money and procurement rules are involved. Anyone holding PLTR or watching gov-tech names, worth noting how quickly one major opportunity can disappear.

Source: https://www.theguardian.com/uk-news/2026/may/21/london-mayor-sadiq-khan-blocks-met-police-deal-with-palantir?CMP=Share_iOSApp_Other

SpaceX’s IPO paperwork dropped yesterday and it revealed that Anthropic is paying them $1.25 billion per month, that’s $15 billion annually, for AI compute capacity through May 2029. The payments start lower in May and June while the deal ramps up. SpaceX said it has enough capacity for its own AI work plus these external contracts.

Anthropic is expanding from SpaceX’s Colossus 1 to Colossus 2 and scaling Nvidia GB200 GPUs. This single customer is basically adding almost a full year of SpaceX’s current ~$18 billion revenue run rate.

Big AI labs are spending on compute right now as predicted by getagent earlier. Public names tied to chips or infrastructure (NVDA for the GPUs, or any data-center plays) feel the ripple. SpaceX itself stays private for now, but the filing gives a clear look at how fast the AI compute demand is growing.

Source: https://www.axios.com/2026/05/20/anthropic-spacex-compute

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Details on the settlement show a roughly $1.8 billion fund created alongside the permanent bar on IRS audits for Trump, family members, and businesses. Critics are calling it self-dealing, and there was a Treasury lawyer resignation right after. Some Republicans have also voiced unease about the precedent and how the fund gets used.

No clear ticker-level moves yet. These stories mostly affect how traders price uncertainty around tax enforcement and government spending priorities. If it feeds into broader questions about fiscal rules or agency independence, it could keep some volatility in indices or rate-sensitive names.

GetAgent suggested this as one of those headlines that’s worth noting for context but not worth sizing up big unless follow-through shows in actual policy or spending flows.

your thoughts?

https://people.com/trump-government-settlement-irs-barred-audits-11978595

Based off real public filings with the U.S. Office of Government Ethics (OGE)

- More than 3700 Transactions
Transactions totaled $750 million

Wall Street analysts called the volume “insane” for a personal portfolio… To me, the president is clearly profiting from policy influence. It’s literally corruption in broad daylight. Even if it’s a third party trading for him, they are obviously getting insider information from him &/or his administration so that argument is irrelevant.

CNBC https://www.cnbc.com/2026/05/15/trump-stock-trade-tech-oge.html

Yahoo https://finance.yahoo.com/markets/stocks/articles/trump-traded-nvidia-boeing-intel-030913697.html

Bloomberg https://www.bloomberg.com/news/articles/2026-05-14/trump-bought-nvidia-boeing-microsoft-in-flurry-of-transactions

Reuters https://www.reuters.com/legal/government/trump-ethics-filing-reveals-thousands-trades-tied-us-corporate-securities-2026-05-14/

Reports say Trump floated the idea of the US working with Russia and China to push back on the International Criminal Court during his recent summit with Xi in Beijing. The US has already sanctioned ICC prosecutors and judges, cutting their access to US banks, credit cards, and some tech platforms.

This kind of talk tends to keep defense names in focus. Lockheed Martin (LMT) and Palantir (PLTR) have come up in related discussions around equipment and tech tied to these conflicts. Caterpillar (CAT) also got named in accusations from a UN rapporteur. On the energy side, anything that raises Russia or Middle East tensions usually shows up in crude futures pretty quickly.

I’ve been using Bitget academy to watch how defense futures and a couple of these names react whenever fresh geopolitical headlines drop. The moves aren’t always huge, but they can be sharp on the initial read.

Anyone else tracking LMT, PLTR, or energy names like XOM and CVX on this kind of news?

https://people.com/trump-pitched-uniting-russia-and-china-against-icc-11979000