INVESTORS CONVINCED OF IRAN DEAL BUT OBLIVIOUS TO POWER STRUGGLE, NEW APPLE OPPORTUNITY, AMAZON DEEPER IN AI
By Nigam Arora
To gain an edge, this is what you need to know today.
Power Struggle In Iran
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows the stock market continues to levitate well above the magnet.
- The chart shows that volume yesterday was even lower on a micro pullback. This indicates that investors do not want to sell. As a member of The Arora Report, you were already ahead of the curve. In yesterday’s Morning Capsule before the stock market opened, we wrote:
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The momo crowd is afflicted with extreme FOMO (fear of missing out).
April 21, 2026