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ZApr 02, 2026 at 10:13 am
I believe March marked the bottom for the $SPX, and April will mark the top for crude oil in this Iran war cycle. I’m not trying to call the exact day of the bottom, and I never will. March was peak fear for the $SPX, and April will be peak fear for oil.As I’ve said before - March is likely the timing bottom in the Iran war cycle. History shows markets drop fast on geopolitical shocks, then bottom within weeks and recover. S&P 500 is already ~5% down since Feb 28 start of war, right on schedule.
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Jake WujastykApr 02, 2026 at 05:09 am
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