The war issue between Iran and Israel today…

The war issue between Iran and Israel today… is creating a big adjustment platform, why did they raise it yesterday? Lol You said you would lower it again anyway… Lol All the Dow Nasdaq is out, and the exchange rate is soaring. I’m worried that a bigger crisis than I thought is around the corner

The index seems to be recovering quickly as strong low-priced buying flows in, making up for the shock of the Consumer Price Index the day before. Technology’s Nasdaq led the gains.

What’s interesting is that the megacap of the Magnificent 7 leads the market and proves itself that the old government is a master government. This is a significant change in the stock market as the market prepares for the possibility of prolonged high interest rates.

Small and medium-sized stocks, which are forced to bear a relatively large debt burden at high interest rates, appear to be completely shunned today. On the contrary, investors are focusing on low-cost buying on megacap companies that have strong pricing power, strong finances, and strong profitability.

In particular, Apple’s rise is particularly noticeable. We have suggested the possibility that Apple will announce its “edge AI” strategy ahead of the WWDC in June. Today’s rebound is worth watching, given that Apple is trying to rebound from its historical low compared to the index.

Although Magnificent 7 is changing the mood of the market, the broader market remains sluggish. There are only three sectors that closed higher than the index, but even that is very poor, and in fact, only technology, especially megacaps, has risen.

Whether the market will make a real recovery remains to be seen. Whether today’s recovery is a dead-cat bounce or a sign of recovery from solid low-priced buying is now likely to be told by the earnings season.