Loading ...Doesn’t look like Israel wanted to do anything other than send a message that they can hit deep inside Iran. They didn’t go all out like they usually do, so maybe they are getting tired of the war. I suppose we’ll have to see if Iran hits back, but I’m not sure why they would be, seeing that they are already hitting Israel with their proxies. If they do, then they are definitely looking to expand the war in the region.
PM’s and the SM are down a little, oil down over 1%, Bitcoin up 2%, rates down 4 bips, dollar appears flat.
I would think the SM will probably rally back to positive. The QQQ’s have a little problem with NFLX earnings but that easy enough for Blackrock to fix – they can just rally NVDA.
No idea what our pm’s will do, hopefully we’ll get some buying to come back in, they really crushed the rally last Friday and it’s been pretty quiet this week. I don’t like these sideways moves to go on too long, as they seem to have a tendency to resolve to the downside.
Hope we can mount a rally into the weekend. The shares especially should be showing some strength. JMHO