Well, there was an overnight freakout on the Israel attack of Iran.
I suppose if you tilt your head at the right angle and squint funny, you could kinda make the argument that that’s bad for asset prices and that you should…
But if you look back at all the event risk panics, going back to Covid, they have all been long entry points.
We’ve already seen prices recover most of the losses. Bitcoin has even turned green on the day.
While war is always a tragedy, this kind of knee-jerk panic selling is a blessing to bulls because it washes out sellers and gins up bearish sentiment, clearing the decks for the next push higher.
I expect higher closes across the board next week.
Buy Mortimer, buy!