amidst thechaos in the Iran & gulf, with hormuz strait shipping lane limiting flows, there is just full of opportunity for market manipulation.. range bound prices of oil and high beta stocks are in play
The big week opened rough. Oil spiked as Trump reimposed a Hormuz blockade and floated a 20% transit fee, dragging chips and the Nasdaq lower. Now the real test arrives tonight: US June CPI lands at t...
the outcome in the Iran war is somewhat predictable and no surprise.
the sell off in tech esp AI related vountets also was expected by the clear-minded retailers who dont vhase after over valued stocks on the way up.
as retailers the key is when to get back in, or setting the levels to enter/re-enter to ride the roller coaster of trading.
for investors the key is as usual what level yo add to portfolio for a longer term appreciation.
no worries for all as market is just taking a breather, with funds still cash rich.
IRGC closed the Strait of Hormuz and fired on ships. S&P 500 fell 2.6% Friday on the NFP beat. Apple WWDC opens tomorrow. SpaceX lists Friday.
