๐@Wharton just launched a new Quantitative Finance program, whose faculty director David Musto also serves on our Advisory board โ bridging academia and AI innovation in finance.
https://t.co/75yhsLWHlU
#marketcrunch#AI#AlgoTrading
$SPY
price target: 681
time frame: 2 - 4 weeks
On top of yesterday's 2.6% decline, that marks a pullback of 10% in aggregate.
This 10% pullback could lead to a deeper correction if the 200-day moving average fails to stabilize price.
$QQQ, $IGV, and $SOXX will be hit worse.
US Central Command just said:
We hit Iranian radars in Ghoruk and Qeshm Island, and shot down 4 Iranian attack drones heading toward the Strait of Hormuz.
Soโฆ this fragile ceasefire โ is it over or what?
Oman bypass means closure priced as structural. Routing capex follows, insurance follows, term premium follows. https://t.co/qyH9C2GOGU https://t.co/gmxRDXb5tr
BREAKING: India locks in Oman trade gateway as Hormuz crisis worsens
CEPA with Oman activated June 1: duty-free access for 99%+ Indian exports. Oman's ports (Duqm, Salalah) lie outside Strait of Hormuz, a ready alternative for oil and cargo. Timely strategic move.
#India#Oman #HormuzCrisis