Trump says Iran’s military ‘de-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Trump says Iran’s military ‘decimated’. And yet, we still see Iran launching missiles and drones hitting the region. It clearly still has the ability to shut the Strait of Hormuz effectively.

The US doesn’t want to strike Iran’s oil facilities due to fears of escalating oil prices further — but Israel went ahead and struck Iran’s South Pars gas field. Iran retaliated by firing at Qatar’s Ras Laffan LNG facility, causing some damage. That sent oil prices above $100 and share prices down again.

Then the latest development: Israeli Prime Minister Benjamin Netanyahu said Israel acted alone on the bombing, and Trump has asked Israel not to carry out further attacks on oil facilities. This moderated oil prices — for now.

The last time the S&P 500 broke below the 200DMA was during Trump’s unilateral trade war announcement about a year ago. The index dropped about 14% below the 200DMA before staging a recovery. Who says the same can’t happen this time?

The S&P 500 has reached a significant milestone — the 200-Day Moving Average (200DMA). Fundamental investors might not care much about this level, but for technical traders, the 200DMA is everything. It’s seen as the defining line for the market’s overall trend. Stay above it, and the market is considered bullish. Dip below, and it flips bearish.

Market Crashes, VIX Skyrockets! Is S&P 500 Heading Toward 6300?

U.S. stocks closed lower again last week, causing all three major U.S. indices to turn negative for the year. The market is facing another "Black Monday," with the VIX surging by 15%. How much further will it drop this week? Are we looking at 6300 or even 6000?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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