Just 24 hours ago, we witnessed extreme fear and panic as the U.S. futures markets opened on Sunday night. After opening: Nasdaq futures down -1.87% S&P 500 futures down -1.5% Russell futures down -2% But when the spot market opened, we saw a strong reversal: Nasdaq up 2.5% from the day's low S&P 500 up 2.1% from the day's low Russell up 3.5% from the day's low And Bitcoin up 7% from the day's low. The market doesn't hate bad news, it hates uncertainty. Khamenei's death didn't cause chaos; it removed ambiguity, and the market reflected that immediately.
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MAD MARKET REVERSAL MADNESS.
Just 24 hours ago, we witnessed extreme fear and panic as the U.S. futures markets opened on Sunday night.
After opening:
Nasdaq futures down -1.87%
S&P 500 futures down -1.5%
Russell futures down -2%
But when the spot market opened,
we saw a strong reversal:
Nasdaq up 2.5% from the day's low
S&P 500 up 2.1% from the day's low
Russell up 3.5% from the day's low
And Bitcoin up 7% from the day's low.
The market doesn't hate bad news,
it hates uncertainty.
Khamenei's death didn't cause chaos; it removed ambiguity, and the market reflected that immediately.