A Geopolitical Thought

I heard something interesting this week and I'll be interested to see how the rest of today plays out, but either way I heard this idea that I thought I'd share. There are numerous wars going on right now and for that reason someone said that they noticed that the market was tending towards risk off over the weekend. Today, a Friday, the market is up considerable but it has started turning around. I wonder if it will sell off for the rest of the day. We'll see. I just thought it was an interesting and logical idea considering the current state of affairs in the world.  I think it also gives a little scope into how the geopolitical situation can be turned into ideas in the market.  On that note of ideas, I saw the spike this morning and I think that there are often times when, there are pre-market spikes that equate to sell-offs. That is to say that there is a kind of propping up of the stock in the pre-market when there is low volume and then the floor drops when the bell actually rings.  or maybe if it has gone down a bit then there is a pop into pre-market highs and then there's a drop. OR maybe it is the final day of a longer rally in which there will be a final gasp of buying and when the buying stops the stock drops. Maybe not a ton, but enough to make some money if you're shorting. I think these setups actually all work in the opposite direction as well.  There you have it. That's what I've got for today! Have a great day or night wherever you are! Cheers!

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