Key insights
- The post expresses concern about market volatility driven by unreliable news regarding the Iran-US conflict, specifically impacting energy stocks. It questions the rationality of selling off energy stocks based on flimsy information and highlights the potential for further market swings depending on Trump's upcoming statements. This uncertainty creates a bearish sentiment for energy stocks and the broader market due to geopolitical risks.
I know the energy stocks are dipping today based on what (in my opinion) is very thin news of questionable reliability. A Trump tweet? Statements from the Iranian government they later deny making? It’s crazy those swing the market by 1k points (like it did yesterday).
What if Trump comes out tonight and says the US is sending ground troops into Iran? Or at Iran’s borders to “protect its neighbors?” Perhaps the US will “take” Kharg island?
Trump hasn’t given any “official” statements / speeches since the start of this war. Just impromptu remarks and “truth” posts.
How is selling off energy stocks the right move at this time? I probably have some ADHD myself, but the swings in the market based on tiny shreds of “news” is irrational is it not?