$SPY

Unpopular thesis. Trump pumping $SPY to 732 and the rest of the market up wasn't reckless. It was insulation. War with Iran resumes? -3% pullback to 710. Things get ugly? -5% to 695. Operations end? Right back to ATH within weeks. He built the cushion before he needed it. Whether that was the plan or just luck doesn't matter. The result is the same. There's no version of this that crashes the tape from here. Strikes could resume this week. Market's at all time highs anyway. Tell me what level breaks the bull case. $SPX #SP500