As mentioned in previous posts, if oil prices return to one hundred dollars, it means the geopolitical situation will continue to intensify. Accompanied by the closure of the Strait of Hormuz, the resulting economic losses will only get higher and higher. The higher the oil price, the greater the pressure on the stock market. Iran is well aware it can't win but insists on dragging it out, posing a threat to your economy.
S&P 500 today's level: 6703-6671. The Middle East conflict continues to expand, and if oil prices continue to hold above $100, market risk sentiment will continue to heat up.
Stocks to watch today: (Not intraday)
Tesla: 398-395
$Tesla(TSLA.US)
Micron: 400-397
$Micron Tech(MU.US)
NVIDIA: 178-180
$NVIDIA(NVDA.US)
Broadcom: 328-331
$Broadcom(AVGO.US)
The above analysis is solely my personal thought process and is for reference only.
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