So was today another God-sent -To The Moon - Tiger Brokers Online Investing Community - To The Moon

So was today another God-sent or the start of the meltdown some was calling for?

What do you guys think? Shall we ear-mark today and all the comments and revisit next week? Possibly mid-week?

Why mid-week? Because the was the time when stocks rallied to another record high after a brutal sell-off the week before.

U.S.-Iran Ceasefire Signals Emerge — Did Oil Already Price It In?

Crude −2.11% Tuesday on a Sputnik report, unconfirmed by either government, that the U.S. and Iran have agreed ceasefire terms including free navigation through Hormuz, an announcement expected in days. One part is verifiable: the U.S. Navy has cleared mines from the strait. Pressure continues: Bessent unveiled sweeping measures against Iran covering digital assets, gold, aviation and shipping. The risk premium is compressed, not removed. S&P 500 +0.32%, QQQ +0.62%, Bitcoin above $80,000 intraday. Rotate into growth on cheaper oil, buy energy on enforcement, or wait for the data?

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Comments

JanetFast
08-19
JanetFast
This still looks more like a healthy shakeout than the start of a meltdown, and meltdown talk already feels a bit early. Mid-week does make sense though
fishhhh
08-19
fishhhh
Mid-week is the real test for me. Wednesday CPI decides whether this bounce is a fakeout or an actual turn

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