Stock Market Crash Coming? Iran Deal Collapses & Demand Hits Lowest Since 2008
In a Nutshell
Markets are dropping amid Iran's rejection of Trump's deal, surging foreclosures from high taxes/insurance/debt, and appliance demand at Great Financial Crisis lows, signaling broader economic weakness despite AI/semiconductor gains. Geopolitical risks, oil spikes, high inflation, no 2026 rate cuts, and a new deadly virus raise crash fears, though the speaker closed a profitable SNDQ short trade and eyes earnings from Irene, CoreWeave, etc. Free live trading session tomorrow if video hits 500 likes; join LPP for updates and avoid overleverage.
These notes were generated by AI and may contain inaccuracies.
Markets are dropping fast. Is this a nice dip or buying opportunity, or is the top officially in? Markets trading lower today, NASDAQ rejected after hitting new all-time highs.
Trump announced a deal between Iran and US for the sixth week in a row. Today, confirmation that Iran rejected Trump's deal as unrealistic. Not good for markets, causing sell-off. Foreclosure filings jumped to six-year highs due to rising property taxes, insurance costs, and debt straining US homeowners. Not good for the housing market.
Whirlpool CFO says appliance demand at lowest since the Great Financial Crisis. Few companies in AI or semiconductor space thriving, but everything else lagging due to lack of demand and low consumer sentiment. Stock market not a representation of how average American is doing or the economy. No rate cuts projected for 2026. Oil prices surging. Highest inflation in last two years. Geopolitical risks rising, yet markets at all-time highs.
Virus Concerns
Heard of virus currently infecting a few people? Three people died already. Like the whole COVID pandemic all over again as markets trade at all-time highs. Will it drive markets lower if shutdown occurs? Then will Federal Reserve jump in, print money, inject into markets, and aggressively cut rates?
Paying close attention to market. Irene, Cororeweave, Open, Coinbase, Affirm, and Soundhound reporting earnings today after markets close. Closed position on SNDQ (inverse ETF of SanDisk) to play it safe, as markets more bullish than bearish. If part of LPP team, saw this trade and got updates. Made $7,800 on the day, fully closed out.
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