Posted on 03/08/2026 6:14:32 PM PDT by Mariner
title says it all
(Excerpt) Read more at finance.yahoo.com ...
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Yeah, it’s going to be an ugly day tomorrow. And maybe an ugly week, too.
“...due to the war with Iran”
Hey AP, there is no “war” WITH Iran. Their military is being crushed once and for all. But AP and Iran have one thing in common, anti-Americanism.
Buy oil futures?
We shall see what happens. The price is up too high on housing.
They over built on new housing too.
Alaskan oil should have been sent there from the time the pipeline was built.
What is your definition of "war?"
May be a bit late.
Probably better wait until the end of the week, and maybe buy some QQQ calls if they’ve sunk quite a bit.
Oh noes!!
“Plunges” and “Soars”, all in the same sentence!
It’s Armageddon. The world has never seen such rhetoric before. Clearly, we won’t survive this at all. I mean, this HUGH!!
And series, too.
some days the Bears try to push the market, some days the Bulls try to push the market
nothing fundamental has changed since last week
No way, not now.
I bought a bunch CVX the week before Maduro was captured and I’m loving that stock now.
There are plenty of others to buy however.
Irrational that the US markets would be down since via oil and industries the US is a chief beneficiary of the Iran war. It’s Asia and to a lesser extent EUR which will have higher energy costs and are the losers here.
US markets should end up tomorrow.
“US market futures are down 2 to 3.5%.”
ONE percent
It’s been ugly since even this war began with Iran.
The volatility in the tech stocks alone is nauseating at times.
Real Estate, EFTs, and Energy/Utilities are doing well however.
There will be some buying opportunities this week.
“nothing fundamental has changed since last week”
Oil at $108 is a fundamental change.
Iraq, Quatar, Kuwait, and Saudis have reduced production as storage is filling up. If the ships don’t move for another week most of those wells will have to shut down. No shipping jams up the whole system.
$120 tomorrow would not be surprising.
Fundamental change.
I’m not a big fan of modern lingo. As I see it, this conflict with Iran is not a kinetic action or a series of surgical strikes. It’s a war.
“It’s Asia and to a lesser extent EUR which will have higher energy costs and are the losers here.”
The price of any given grade of crude is the same in Houston as it is in London or Shanghai.
S&P -1.93%
Dow -1.95%
Nasdaq -2.32%
Russell -3.55%
All futures.
“What is your definition of “war?”
This is more of a one-sided slaughter; And it is beautiful.
Nikkei -7.16%
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