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All Holy Hell Breaks Loose as Markets React to Israel's Retaliatory Strike on Iran

Published 04/19/2024, 01:13 AM
NDX
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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:S&P 500 Futures Chart

The NASDAQ is getting destroyed:

Nasdaq Chart

The Russell is getting nuked:

Russell 2000 Chart

While crude oil is roaring higher (mercifully, a seldom-used commodity like oil isn’t included in the government’s completely laughable inflation data):Crude Oil Chart

Gold, a true safe haven, is rocketing (whereas the joke Bitcoin is plunging):

Gold Chart

And Volatility has zipped from a hilarious 12 level to nearly 20 in short order.

VIX Chart

And toilet paper, I mean to say the US dollar, is in a free-fall.

US Dollar Chart

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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