Oil Plunges Below $95 As The Dow Surges 1,300 In A Worldwide Rally After Ceasefire With Iran

Oil Plunges Below $95 As The Dow Surges 1,300 In A Worldwide Rally After Ceasefire With Iran

The S&P 500 leaped 2.5% after Trump announced a two-week ceasefire with Iran, less than 90 minutes before a deadline Trump had set for it to open the Strait of Hormuz.

Wall Street Bought the Ceasefire. Now Oil’s Back Over $100

In this conversation with Todd “Bubba” Horwitz of Bubba Trading, we discuss the Iran ceasefire, why the market treated it as a win, and why Todd believes that reaction may not last. He explains why he is still short oil, gold, and equities as a trader, why he sees this rally as a dead cat […]