War · NASDAQ Composite Index (1990)
The Gulf War sent the NASDAQ Composite sliding 23.7% from 433.42 to 330.8 over six months of 1990. Step into the simulator to replay each daily decision point, face 9 critical inflection moments, and receive an AI coach review of your historical reasoning.
144 daily bars · 25 decision points · 1990-04 to 1990-10 · Stocks
Key facts
This window spans 207 days with a peak-to-trough drawdown of 30.7% and a 12.3% run-up.
- Max drawdown
- −30.7%
- Max run-up
- +12.3%
- Duration
- 207 days
- Largest single-day move
- −4.2%
- Bars
- 144 Daily bars
- Decision points
- 25
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
In the spring of 1990, the NASDAQ Composite Index traded around 433.42 as investors navigated the early tremors of what would become the Gulf Crisis. The invasion of Kuwait in August and the subsequent international response introduced a new dimension of geopolitical risk to equity markets. This six-month replay places you at the center of those daily decisions, where headlines could swing sentiment by several percentage points overnight.
The index ultimately fell 23.7% to 330.8, with a maximum drawdown of 30.7% and a largest single-day swing of 4.2%. Across 144 daily bars spanning April to October, the market compressed months of escalating tension into discrete trading sessions. With 25 decision points available and 9 flagged as critical inflection moments, the scenario forces you to confront the same uncertainty that defined every investor's calendar during this era.
What this replay ultimately teaches is not whether to buy or sell in wartime, but how to manage risk when fundamentals become secondary to geopolitical headlines. The 30.7% maximum drawdown reminds us that a single prolonged downturn can erase months of gains, while the 4.2% single-bar moves test your ability to avoid reactive decisions under pressure. Navigating 9 critical moments across this period sharpens the discipline of distinguishing signal from noise—a skill that remains essential for any market participant facing uncertainty.
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