April 15 Update

Despite all the chaos, the stock market is closing in on all time highs. 

The Nasdaq is up 11 days in a row – every trading day in April.  The chip stocks leading the way. 

Nasdaq up 13.6% from the lows on March 30th.  S&P 500 up 6.7% in April.   

Oil is holding in the $90’s per barrel. 

Bond yields remail up from earlier in the year.

The rally is based on optimism that the Iran war will be resolved soon. 

Peace could be a big economic benefit.