As said on Jun 17th (Tue), now the market is in an exceptional case.
Even AI warned there will be high oil price if US enters into war, it may rise up to $150 or even $200, but please refer to the chart of page one, there is a big black candlestick in the oil chart and not stock chart. Gold price goes horizontally and not rocketing up on the edge of nuclear war. There is no panic selling in stock market.
Instead CRCL is on record high again, for people knew that celebrities like Catherine Wood (Goddess of Stocks) had already earned a lot from it.
Mind that traditional weapons stocks fell, like RTX dropped 0.286%, but LMT rose 1.854%. Already said now focus should be on DXYZ, it rose 8.108%, more than 3 major indexes.
Semiconductors stocks also rose like AMD 1.716% and don’t forget Cathy’s ARKW, it’s on record high again. The response of market is in congratulation of stopping a nuclear war.
As said on Jun 17th (Tue), the highest level of analysis is to find out when will exceptional case occurs.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.