Futures opened lower with traders reducing exposure ahead of the 8 p.m. ET U.S.–Iran deadline. Oil is pushing higher on uncertainty around ceasefire talks and the Strait of Hormuz.
AI/tech names are back in focus on fresh chip and compute deals, plus chatter about better relative valuations. Treasury yields are mixed, and the dollar is flat.
What’s everyone watching today?
– Any plays tied to the oil move?
– Are AI/semis setting up for another leg or cooling off?
– How much weight are you giving tonight’s geopolitical deadline?
Stocks Pull Back as Oil Climbs and Geopolitical Deadline Approaches
byu/Massive_Bit_6290 instocks
Posted by Massive_Bit_6290
5 Comments
Ppl freaking out over this have no business investing.
Watch for the taco rally.
I paid $5.09.9 in Brooklyn on Sunday (93 octane), if this really escalates, I could easily see close if not more than $6 per gallon.
25th Amendment! Grow a pair of balls Vance!
NYT and WSJ both reporting that Iran has pulled out of ceasefire talks; WSJ reports Iran has cut off all communications with the US over Trump’s post. Oil bulls stay winning.
My guess is Massive taco Tuesday, mega green Wed. Trump is the worlds largest bitch