2024-04-15 00:59:43 ET
Summary
- Last week's stock market selling was likely due to participants cashing out to pay taxes, causing indiscriminate selling.
- The fear of geopolitical tensions with Iran contributed to a "buyer's strike" and halted buying activity.
- The market rallied on Thursday due to anticipation of a strong earnings quarter and a strengthening GDP, suggesting a positive outlook for the market.
Yes, I am specifically avoiding the geopolitical thing everyone else is focused on
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Time To Go Shopping, The Tax Pay Sell-Off Is Over