All Holy Hell Breaks Loose as Markets React to Israel's Retaliatory Strike on Iran
Tim Knight | Apr 19, 2024 01:13AM ET
It’s late, but market action compels me to do a post. Thanks to what is apparently a massive attack from Israel against Iraq and Syria, the S&P 500 futures are collapsing:
The NASDAQ is getting destroyed:
The Russell is getting nuked:
While crude oil is roaring higher (mercifully, a seldom-used commodity like oil isn’t included in the government’s completely laughable inflation data):
Gold, a true safe haven, is rocketing (whereas the joke Bitcoin is plunging):
And Volatility has zipped from a hilarious 12 level to nearly 20 in short order.
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And toilet paper, I mean to say the US dollar, is in a free-fall.
Gosh, Friday – – the day before a MARKETS ARE CLOSED UNTIL MONDAY weekend – – should be a little bit interesting, would you not say?
Victory to the bears!
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