Sam Vadas cites a talking point she's heard on the NYSE floor that a new trading acronym has evolved from the TACO trade to NACHO ("Not a Chance Hormuz Opens"). She and Kevin Green dissect the current sentiment around the ongoing conflict with Iran ahead of President Trump's visit to China next week. Later, KG dives into the preliminary May Consumer Sentiment data before breaking down the April Jobs data. Later, he looks at the Mag 7 names leading the Nasdaq-100 (NDX) to new all-time highs headed into the weekend.