The Administration still hasnt announced what the End Game is with IRAN. They need to notify Congress and share what the End Game is. (something that has been missing cause Trump would rather notify Putin about the Baghdadi raid than the Gang of Eight in Congress or our Allies like Britain and Germany) Come to think of it, we have NO ALLIES anymore. Hell, there's no GOP anymore either. Just Trump.
And there we go. Markets falling in the after hours. Oil rocketing higher and stocks falling after the close. So here we are. CNBC should be running there markets in turmoil event in the next day or two. I guess this will be a the greatest buying opportunity or not haha. Only opportunity I have is shorting more oil which I have been doing for some days now...looks like I'll average in but still own GUSH which is gushing right now.
Trump will send in more troops fill a few missiles and everything will be over in a day or two...oil will drop 10-20% in a week and everything will be back to normal...now if the trade deal isnt signed January 15th, that's an entirely different story.
Dow futures plunge 400 points after Iran retaliation raises fears of bigger conflict PUBLISHED TUE, JAN 7 20206:39 PM ESTUPDATED MOMENTS AGO Wowsers. Let's the games begin. No one saw this coming. Now it's to buy buy buy or sell sell sell everyone and their dogs and birds is expecting s$p 3600-4000 this year..... I'm shorting oil is my plan. Higher oil prices will just push trump to release oil from the reserves. And everyone knows they can increase supply by 1-2 million barrels a day....so short oil is where I'm going.
what's the play here? Hesitate staying long & haven't owned stock through war before. I'm mostly in tech