--- title: "Pre-market thoughts for US stocks on April 20, 2026" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/40040281.md" description: "There seems to be a lot of information today..." datetime: "2026-04-20T13:24:32.000Z" locales: - [en](https://longbridge.com/en/topics/40040281.md) - [zh-CN](https://longbridge.com/zh-CN/topics/40040281.md) - [zh-HK](https://longbridge.com/zh-HK/topics/40040281.md) author: "[每日一波段](https://longbridge.com/en/profiles/26692552.md)" --- # Pre-market thoughts for US stocks on April 20, 2026 There seems to be a lot of information today, but the core is actually just one word Chaos 1\. Geopolitical situation has entered a volatile phase Significant divergence in news surrounding the Strait of Hormuz On one side There are expectations for negotiations which could even begin soon On the other side Iran clearly stated it has not yet decided whether to participate and believes it is still in a state of war Simultaneously The US is internally adjusting its strategy and beginning to consider external advice This indicates the current situation is not easing nor escalating but rather a phase of repeated gamesmanship More critically Some countries have explicitly stated that oil transportation is being affected This shows the shift from expectation to actual impact 2\. Energy logic has reversed again In recent days, the market was trading Resumption of navigation, oil prices falling Now it has become Transportation disruptions, oil prices rebounding Once oil prices rise Inflation expectations will increase and interest rate expectations will tighten Simply put The logic that previously favored tech stocks is starting to weaken 3\. Macro and external environment Policy level is generally stable Focus is on the energy system and technology direction Asian markets are performing strongly overall But the Japan earthquake brings some uncertainty This is an emotional disturbance and will not become the main theme 4\. Technology and industry chain No significant negative factors for the technology direction Signs of recovery in consumer electronics demand Continued investment in the AI direction Computing power demand has not weakened Indicating the main theme has not changed But short-term will be disturbed by macro factors and oil prices 5\. What is the market currently trading? The core logic of today's market has changed From the previous Trading on easing to Trading on uncertainty Futures experienced a surge and then pullback Indicating capital is starting to hesitate 6\. Today's trend judgment Today is more likely to be volatile rather than one-directional The reason is simple Bulls have logic Technology and AI Bears also have logic Oil prices and geopolitics Both sides have their reasons The market won't move smoothly 7\. Key levels Currently in a high-level area Above 6980 to 7150 The 7000 psychological level are strong resistance Below 6950 short-term support 6715 key support 8\. Today's trading approach The most important sentence today Don't predict the direction Just follow Go long Only after a pullback to support is confirmed Don't chase highs Go short Only when a rally is blocked or there's a clear pullback 9\. Key signals to watch First, oil prices If they continue to rise Tech stocks will face pressure Second, leading stocks NVDA TSLA If they weaken The index will struggle to continue its advance Third, volume Rising without volume increase is likely false strength 10\. Stocks to watch today TSLA NVDA MU TSM  MRVL 11\. Summary in one sentence The market today is not a trending market but a high-level oscillation driven by news In terms of trading Go slower Wait for confirmation That's more important than anything The above analysis is for reference only and does not constitute any investment advice. Everyone is welcome to leave comments and discuss. $Microsoft(MSFT.US) $Sandisk(SNDK.US) $SPDR S&P 500(SPY.US) $NVIDIA(NVDA.US) $Tesla(TSLA.US) $Lumentum(LITE.US) $Amazon(AMZN.US) $AMD(AMD.US) $Broadcom(AVGO.US) $Apple(AAPL.US) $Alphabet - C(GOOG.US) ### Related Stocks - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [MRVL.US](https://longbridge.com/en/quote/MRVL.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [07366.HK](https://longbridge.com/en/quote/07366.HK.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md)