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Resilience
Give the market its due. Stocks took a real punch midweek, with the Dow shedding roughly 900 points Wednesday on fears of fresh strikes on Iran. And then they got right back up.

Thursday delivered a powerful rebound... the Dow surging more than 920 points once the strikes were called off and a peace deal moved into view, with chip leaders like Micron and AMD out front. 

Friday capped it with history: SpaceX completed the largest IPO ever, raising about 75 billion dollars and closing near 161 dollars, up roughly 19% on its first day at a valuation north of 2 trillion. 

By the closing bell, the major averages had erased Wednesday's damage and finished the week green. 
A market that recovers that fast from a geopolitical scare is telling you something about its underlying strength.

-Greg

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