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How to Protect your Wealth by Investing in AI Tech Stocks

Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities

Stock-Markets / Stock Market Crash Apr 19, 2024 - 04:55 AM GMT

By: Nadeem_Walayat

Stock-Markets

Israeli attack on central Iranian cities and probably nuclear facilities is underway which is set to see stock prices drop Friday, a S&P break below 5060 targets 4960, and a break below 4960 targets 4800, that regardless of what comes to pass following Iran falling into the Fourth Reichs trap towards escalation towards ultimately the use of nuclealr weapons. Neverthless delivers an opportunity to accumulate target stocks as many stocks are set to enter their buying ranges such as Microsoft, TSMC, Qualcom, ASMNL, Broadcom, Lam Research and so on as per the spreedsheet.


Basically Iran walked into the Fourth Reichs trap. The Iranian high command is not very intelligent. What was the point when none of their crappy drones ever had much chance? Not intelligent at all. I have to give it to the Fourth Reich, they have played this well. Years of planning has gone into all of this. Maybe skynet is already in charge!

Iran cannot win against a regime armed with 300 nukes that is backed by the worlds sole super power and vassel states such as the UK and EU, largely due to fear of 300 Israeli nukes going off. If Iranians are intelligent they should not retaliate, but they clearly lack intelligence to read the writing on the wall.

Still it delivers a buying opp in target stocks.

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By Nadeem Walayat

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Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

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Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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