Markets will Chop Thru Friday (Patreon)

h/t Sanjay for the image

Iran fired a barrage of nearly 200 ballistic missiles at Israel on Tuesday, U.S. State Department spokesman Matthew Miller told reporters, in what Tehran said was retaliation for the recent killings of top Hezbollah and Hamas officials.

Rumor has it Iran will want to avoid a hot war with Israel - similar to the saber-rattling a few months back. They need to show they will hit back, although perhaps not hitting back too hard. We shall see if this repeats.

In the meantime, markets will be choppy until we see some deescalation.

Tensions are high. I get that. I kindly ask that we maintain a focus on constructive dialogue and refrain from discussing religious themes. I’m sharing this information to provide insight into some market forecasting.