$SPDR S&P 500 ETF Trust(SPY)$ Interesting. There was a comment from one of Trump's GOP representatives about Iran having a choice to make over the coming weeks. So the rally from 630 was based on the expectation that the Strait would open by the end of April. All the major banks had estimated a global recession was certain by year-end if it wasn't opened by June. Now the market is rallying, AI is hot. But does the Strait closing really not affect the economy? During rallies, there might be a need to adjust allocations in retail and 401k accounts. It seems retail is going along with it, which works for them. I'm looking at 830 by year-end.
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