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Anybody wanna weigh in on the state of the markets right now?

Posted on 6/23/25 at 10:58 am
Posted by LChama
Member since May 2020
3264 posts
Posted on 6/23/25 at 10:58 am
Seems like its held up pretty well under tons of global uncertainty. Got some dry powder in case we dump
Posted by Mr Happy
Member since May 2019
2320 posts
Posted on 6/23/25 at 11:24 am to
I'm no expert so take this with a grain of salt...

I expect at least a small, maybe five percent, correction in the next month. The markets have been booming since the tariff issue ended and I don't think it'll last. I think institutional traders will take their profits and a small international event will be the catalyst (or pretext) for doing so.
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
4223 posts
Posted on 6/23/25 at 11:42 am to
Rates will be cut in the latter half of the year. Tariff deals will be made or a steady-state will be achieved that will not destroy the economy. The Iran situation is overblown by hypersensitive forecasters which will impact the market in the short term but will be fine in the long term. New highs by the end of the year.
Posted by LSUShock
Kansas
Member since Jun 2014
5518 posts
Posted on 6/23/25 at 11:50 am to
quote:

The markets have been booming since the tariff issue ended and I don't think it'll last


Let's see what happens with the reciprocal tariff expiration on July 9th for everyone other than China. Feels like it may get extended considering the recent developments, but I've still been waiting for this update to see how things are impacted.
Posted by Big Scrub TX
Member since Dec 2013
38260 posts
Posted on 6/23/25 at 11:59 am to
Who knows what actually happen with tariffs.

Stocks in general are expensive (how many bull markets do you know that start from a base of 24X?)

Oil will very likely settle back in much lower.
Posted by SmackoverHawg
Member since Oct 2011
30888 posts
Posted on 6/23/25 at 12:22 pm to
quote:

Rates will be cut in the latter half of the year. Tariff deals will be made or a steady-state will be achieved that will not destroy the economy. The Iran situation is overblown by hypersensitive forecasters which will impact the market in the short term but will be fine in the long term. New highs by the end of the year.

Agree. I'm accumulating some cash in cash we get some big swings in the short term, but l'm betting on Trump.
Posted by LChama
Member since May 2020
3264 posts
Posted on 6/23/25 at 12:31 pm to
Why is the iran situation having such a minimal affect? Seems like unrest, uncertainty of boots on ground, oil, chinas oil supply being jeopardized, uncertainty of dirty bomb capabilities… would all be adding to market chaos… if based on how it has reacted in previous years
This post was edited on 6/23/25 at 12:34 pm
Posted by SmackoverHawg
Member since Oct 2011
30888 posts
Posted on 6/23/25 at 12:46 pm to
Trump ordered oil sector to keep prices down, he's watching. Emphasized that supply has not been affected so don't gouge. Seems to be working as priced just dipped below $70 briefly.
Posted by bigjoe1
Member since Jan 2024
1413 posts
Posted on 6/23/25 at 12:46 pm to
There is no appetite for boots on the ground. The only way Iran can block the Strait of Hormuz is with mines or missiles fired from shore and the shelf life of either of those will be measured in minutes. Just really think this crap is going to be contained.
Posted by SmackoverHawg
Member since Oct 2011
30888 posts
Posted on 6/23/25 at 12:48 pm to
And Iran's retaliation will just be for show. Trump is fine with letting them save face, as long as they don't harm one hair on an innocent head.
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
4223 posts
Posted on 6/23/25 at 12:59 pm to
What everyone else said. Iran is a toothless amoeba. Boots on the ground won’t happen.
Posted by Craft
Member since Oct 2019
864 posts
Posted on 6/23/25 at 1:00 pm to
And that’s exactly what happened. A nothing burger, zero casualties and US was made aware before strike. We did operation dindu nothin and they reciprocated
Posted by MrSpock
Member since Sep 2015
5045 posts
Posted on 6/23/25 at 1:03 pm to
Sometimes up. Sometimes down.
Posted by Nole Man
Somewhere In Tennessee!
Member since May 2011
8613 posts
Posted on 6/23/25 at 1:10 pm to
Today is completely not understandable to me.

Iran has now fired missiles towards the US bases and Qatar and Iraq! Putting tens of thousands of US troops at risk!

Article

Putin slammed the U.S. for bombing Iran.

Article

You'd expect extreme volatility today, yet the VIX is declining and the Dow's up 306 currently? Can't understand it.





Posted by Big Scrub TX
Member since Dec 2013
38260 posts
Posted on 6/23/25 at 1:14 pm to
quote:

Trump ordered oil sector to keep prices down, he's watching. Emphasized that supply has not been affected so don't gouge. Seems to be working as priced just dipped below $70 briefly.
Nothing to do with Trump. There's no reason for oil to have gone up in the first place. I predict it settles back into the high 50s - if not lower - within weeks.
Posted by bigjoe1
Member since Jan 2024
1413 posts
Posted on 6/23/25 at 1:14 pm to
At this point, it's like everything is being staged to allow the players to save face.
Posted by Big Scrub TX
Member since Dec 2013
38260 posts
Posted on 6/23/25 at 1:17 pm to
quote:

Can't understand it.


You seem to be working of a "take the past and project it indefinitely into the future" outlook on things. That's a bad way to invest.

Nothing is happening that would be bad for US stocks or bullish for oil. Might be surprising, but it's true.
Posted by Nole Man
Somewhere In Tennessee!
Member since May 2011
8613 posts
Posted on 6/23/25 at 1:31 pm to
quote:

You seem to be working of a "take the past and project it indefinitely into the future" outlook on things. That's a bad way to invest.

Nothing is happening that would be bad for US stocks or bullish for oil. Might be surprising, but it's true.


Uh, I'd think what's happening in the Middle East right now would qualify. Don't know about you, but I'm scared shitless about further US involvement, Russia's possible assistance to Iran, etc.

But..

Regardless, I DCA ever week into a number of ETFs in my non-retirement account and have been doing so for years despite world events. I did roll most of my 401k earlier in the year into some conservative funds because I plan to start drawing soon and didn't want to lose huge chunks. Have had that happen several times over the years and you can't recover at this age. That's turned out to be a prudent move for me.

Posted by Big Scrub TX
Member since Dec 2013
38260 posts
Posted on 6/23/25 at 1:47 pm to
quote:

Uh, I'd think what's happening in the Middle East right now would qualify. Don't know about you, but I'm scared shitless about further US involvement, Russia's possible assistance to Iran, etc.
Well, good thing the markets better understand facts instead of irrational fears. Perhaps this could be a good time for you to interrogate your priors?

quote:

Regardless, I DCA ever week into a number of ETFs in my non-retirement account and have been doing so for years despite world events. I did roll most of my 401k earlier in the year into some conservative funds because I plan to start drawing soon and didn't want to lose huge chunks. Have had that happen several times over the years and you can't recover at this age. That's turned out to be a prudent move for me.
I can quasi-support this given how expensive equities are. But market timing ain't a great strategy in general.
Posted by Nole Man
Somewhere In Tennessee!
Member since May 2011
8613 posts
Posted on 6/23/25 at 5:23 pm to
quote:

At this point, it's like everything is being staged to allow the players to save face.


Yah think?


Thanks Iran!

“I want to thank Iran for giving us early notice, which made it possible for no lives to be lost, and nobody to be injured,” Trump wrote on Truth Social on Monday afternoon.

Markets seem to think so.

After hours

UVIX/$25.99/-1.2803/(-4.69%)



pre market hours active
Pre-market

Yep. Dropping even more this morning.

$24.90/-2.37/(-8.69%) As of Jun-24-20258:20:42AM ET
This post was edited on 6/24/25 at 7:23 am
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