$Cboe Volatility Index(VIX)$ The VIX is back over 20 👀 There was a nice Bull flag in there.
If I wasn't over liquified I'd trade the VIX!
You've probably seen the news that the Fed just fired off their bazooka and cut interest rates by 0.5%...
And now the stock market is making new all time highs.
Going back 40 years, the Fed has cut rates 12 times with the S&P 500 within 1% of an all-time high.
The market was higher a year later ALL 12 times with an average return of around 15%.
If history is any guide, there's a good chance stocks will be higher a year from now.
A mixed market this morning with political unrest. $SPDR S&P 500 ETF Trust(SPY)$ chopped up and down. The market got spooked. 🛢️🛢️Oil prices we're looking hot 🔥.
Port strikes by workers was underway in the USofA🇺🇸
Looks like next to no casualties from Iranian strikes on 🇮🇱 Israel. ~ telegraphed significantly in advance to the Americans.
Iran hoping to reestablish some minimal level of deterrence while avoiding escalation.
My $Lockheed Martin(LMT)$ 🔺position is up and hit a high of $611.49! on the back of the missile attacks.
Happy trading ahead, Cheers BC 🍀
@Tiger_comments @Daily_Discussion @TigerGPT @TigerWire @TigerStars @TigerPicks @TigerPM
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Here are some relevant news articles:
Stocks Fall, Oil Climbs on Middle East Conflict -- WSJ
Major stock indexes fell and oil prices climbed after Iran launched a barrage of missiles at Israel.
The S&P 500 was off around 0.8% in midday trading, a day after it closed at a record high.
Treasury yields also fell as nervous investors turned to ultra-safe U.S. government debt.
Crude oil rose, with Brent crude up around 2.5%.
Apple shares weighed on indexes, with the iPhone maker down around 3.3%.
US Equity Indexes Slump, Volatility Soars After Iran Reportedly Launches Missile Attack on Israel
US equity indexes fell after reports of Iran launching a missile attack on Israel, causing volatility to surge.
The Nasdaq Composite dropped 2.1%.
U.S. stocks drop, oil jumps as Iran reportedly launches missile attack on Israel
US stocks dropped and oil prices jumped after reports of an imminent attack by Iran on Israel.
The S&P 500 was off around 1% in midday trading, a day after it closed at a record high.
Treasury yields also fell, and Brent crude rose around 4%.
Apple shares weighed on indexes, with the iPhone maker down around 3.3%.
Please note that these articles discuss the impact of the Middle East conflict, including Iran's missile attacks on Israel, on the stock market and oil prices. The reports highlight the decline in major stock indexes and the rise in oil prices as a result of the geopolitical tensions. The articles also mention the negative performance of Apple shares during this period.
Keep in mind that the market can be volatile and affected by various factors. It's important to conduct thorough research and consider your investment goals and risk tolerance before making any trading decisions.
Disclaimer: The information provided here is for informational purposes only and should not be construed as financial advice. Investing in the stock market involves risks, and past performance is not indicative of future results.
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