Oil Price is up, oil reserves are down, Hormuz is still closed, no deal in sight with Iran. No good news from Trump Xia meeting in China. Inflation is highest in last 3-4 years, gov bond interest is at 5%, nobody is hiring for white color jobs, customer confidence lowest in 10 years, real estate prices are shaky. US and EU is drifting apart, Russia and Ukraine are destroying each other. China is after Tawain. Considering all these goods news (I barely listed half), I suspect 8% change in Nasdaq 100 stock price this week. What do you think direction will be?
Bull Market Run or Bull Ritual Sacrifice ?
byu/vagobond45 instocks
Posted by vagobond45
9 Comments
Calls actually
Looks Bullish.
Probably crash city then earnings season will come rolling in and we will realize we over corrected and it’ll be bull city probly
“Hurmuz” lol
Fries. Bag. Now
NVDA earnings this week. Papa Jensen will determine
Because money printing , happy now?
I mean we have had 7 straight green weeks on spy and the qs sooo it’s not like I’d be surprised with a pullback, but my money is on green again
Anyone’s guess at this point because this isn’t new and yet chips and AI just rallied since beginning of April and might continue because that’s what happens when FOMO drives markets. Unless there’s a new catalyst I don’t see things permanently changing although an opportunity might have presented itself to short the market then buy back in cheap because dips will eventually likely buy the dip. Irrational be like that