It seems Nasdaq is no longer effected by war, inflation, oil and food prices or any other boring human problem, unfortunately to my understanding AI is not immune to electricity prices either. So what is going on with the tech world, has Agentic AI took over trading or there is just too much money in circulation and Nasdaq will be testing 30K even if Nuclear war was about to break tomorrow? Below are few news headlines from today
"US military “blew up” six Iranian boats Monday after Tehran launched multiple cruise missiles, drones and small boats at US Navy ships and commercial vessels, US Central Command said. Trump warned Iranian forces they would be “blown off the face of the Earth” if they attempted to target US ships in the region. Oil prices rose on concerns about the safety of transiting the waterway. Average gas prices could reach $5 a gallon if the strait remains closed, an oil market expert said. The Israeli military has issued a fresh evacuation order for 10 villages in southern Lebanon."
US and Iran trade shots in Strait of Hormuz, Lebanon is on fire, oil threatening to spike and the Nasdaq-100 casually drifting toward 28000
byu/vagobond45 instocks
Posted by vagobond45
6 Comments
Just stop waiting for a pull back and buy in already. You’re already a month late, might as well get in now.
same posts every day
Why exactly should a war that’s not affecting any of the S&P holdings heavily swing the market in the long term?
Oil, sure. But why should Google Or Meta go down
The rest of the world is suffering because the tramp, Bibi and the ayatollah are each trying to prove who has a bigger urinary pipe.
And the crowd goes mild.
Yeah because the money being spent on ai hardware is real and doesn’t care about us Iran tensions an oil prices