We are sure you know Iran lobbed a few missiles last night but no casualties. On top of that, a Boeing plane crashed in Iran. We do not know why.
Futures were down 400 but have completely flipped. As we write this, the DOW and S&P are up a wee bit but off the highs of an hour ago…but an amazing turn. OIL is down even with the event. GOLD is up a wee bit.
We gather there are more chapters to write on this event. We are just keeping fingers crossed there continues to be no casualties.
The market has had a few areas bending a little bit before this but most leadership has been firm. The SEMIS were strong yesterday off of raised numbers out of MCHP.
Going a little slower.