Market Remains Bullish Despite Iran Situation

The market is holding steady as oil prices hover around $90, while gold and silver are poised to continue their upward trend through late August. The Iran situation may seem concerning, but the US maintains its blockade on Iranian oil exports, which has led to a stable equilibrium in the global oil market.

InvestingPro, a tool used for market research, shows that Scott Ferguson's portfolio is performing well, with names like Seagate and Talen Energy Corp making recent additions. Carvana was also brought to attention due to its presence in Ferguson's portfolio.

The key levels for various assets are as follows: gold has resistance around $4,423, while silver broke through the important $66 level; U.S. stocks, including Nasdaq futures and the DRAM ETF, have upward momentum; Bitcoin is range-bound but showing signs of a potential breakout; and Ethereum and XRP are also on watch.