Good morning STB!
Be discerning and pay attention. Holy Week!
Good v evil
On to the lie -
Minis up 64 on I’d guess Trojan Horse rumors of obliterating Iran and then dipping out. I’m not sure what the Zs think of that plan, but maybe this is all they get? What do we get? Not regime change, the Iranian people get Fkd, and I guess a non nuclear (for a few years) terrorist state left to recover. The ME learned they are woefully unprepared for war, so defense spending should dramatically increase across the globe. Never go to war with a burdensome stone as your partner. Anyway, we got bigger financial fish to fry at home as we financially implode. If they’re able to get a short squeeze activated, 6600 to 6775 would be max I’m willing to give them before further reversal. The effects of the war will bleed into our already deteriorating situation. A short reprieve is possible. I mean, they have to create a situation where they have someone to sell to. Markets rarely go straight down.
Have a good day.
GL and GB!
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