No. of Recommendations: 1
Can someone explain to me why the market is going up like a rocket?
1st gratuitous snarky comment (sorry): Because there are more buyers than sellers.
Does the "why" matter?
Ken Fisher says that the market takes into account all known information. My guess is that the market sees the outcome of the Iran situation to be beneficial to the US. And to the world in general. There's a bunch of substacks where people go into this in depth.
People in general, and more specifically rich people, love making money more than they love hating some guy. IMHO
Just keep in mind: "Everything is a lie."
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FWIW, I'm looking for a pullback so I can load up on SSO again.
