Iran Ceasefire Extended: Is This Market Move Legit Or A TRAP?
In a Nutshell
NASDAQ nears all-time highs despite recent war-related pullbacks, with Trump's tweets and positive geopolitical news (Iran ceasefire extended two weeks, Israel-Lebanon rumors, Strait of Hormuz opened) fueling bullish momentum, though overbought conditions prompt intraday short setups on reversal confirmation. SEC scrapped the 25k pattern day trading rule, introducing a new intraday margin system—trade selectively without excessive leverage to avoid becoming exit liquidity. Trim long-term winners like MSFT/META/AMD; watch for escalation risks amid elevated markets, with live sessions at open.
These notes were generated by AI and may contain inaccuracies.
NASDAQ market is chasing all-time highs. QQQ is pennies away from previous all-time highs during normal trading hours (hit 63,580 high, previously 63,450 during aftermarket/overnight at around 640). After almost two months of uncertainty over war escalation, markets pulled back but did not sell off much.
Trump's tweets are influencing the market. NASDAQ shows signs of possible pattern break that LPP team has been waiting for. If markets seem cheap and only going higher, feel free to go long, buy the dip. However, markets are elevated; preparing to short intraday. Trimmed some long-term positions (sold Microsoft, Meta, AMD positions up over 20%). Still uncertainty despite market trying to move past recent events.
US and Iran agreed in principle to extend ceasefire by additional two weeks. Rumor of Israel and Lebanon temporary ceasefire deal lasting one week. Trump permanently opened Strait of Hormuz (noting it was open before). Trump: China is happy; doing it for them and the world. Cannot allow Iran nuclear weapons.
SEC eliminated pattern day trading (PDT) rule (20 years old), replacing with new intraday margin system. No longer requires 25k balance for day trading. Trading more doesn't mean more money. Don't become exit liquidity for institutions. Be selective, avoid margin/leverage, ensure trades meet criteria.
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