Global tensions have spiked, but don't let disinformation drive your investment choices -- especially when it comes to recent Middle East headlines.
News of the last 24 hours created a huge swing in the market from overnight futures to close -- so here's my advice.
Let's dissect these two concepts that explain why we're rallying like we are now.
I see no choice but to continue to look for new buys.
The most interesting market dynamic right now is that bad news, such as a possible war with Iran, mainly is used as an opportunity to put cash to work.
Apparently, unless the Iranian military simply does not train on their weapons, which I do not believe, the exercise was one of saving face... for now.
Many are expecting some sort of retaliation as a possible trade catalyst, and the inclination will be to buy any spike down.
The stock market's reaction yesterday to the Soleimani attack and even more so to the tweet storm from Washington astonished me.
We handicap the potential impact of responses that could range from military actions by Iran and its surrogates to cyberattacks against the U.S. and its allies.
The market seems to be collectively whistling past the threat of an Iran strike -- here's what's probably going on.