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Source document· March 27, 2026
Nasdaq plunged over 2% as Middle East tensions rattled Wall Street
View original at seekingalpha.comNasdaq plunged over 2% as Middle East tensions rattled Wall Street [Showing Business Investment Options on a Digital Computer Screen] HStocks Wall Street’s major market averages closed lower on Friday as U.S…
What we drew from this source
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Talks with Tehran are going very well
60% confidenceThe reported U.S. proposal to end the conflict is one-sided and unfair
60% confidenceThe semiconductor sector had a less bad week than the S&P or the Nasdaq, closing well above the lows put in the week of 9 March. The indices all made new cycle lows today. The reversal, when it comes, will be violent, but there will be time to catch it when it happens. Patience is the name of this game.
60% confidenceThe S&P 500 breaking below 6,500 suggests stocks want to go lower and may be headed towards a 10% correction at 6,280. This may be one of the most attractive entry points for new money since Liberation Day.
60% confidence