Futures are green this morning, but can they hold it during today’s session?
Iran and the U.S. are nine days into consecutive strikes. But Tehran is signaling it's open to talks. Oil reversed on that news.
The panic trade is off for now…
But that’s not all.
Chips are trying to bounce after a brutal week.
The semiconductor ETF SMH is up over 2%, Micron leading at 5%. After a nearly 9% drop last week.
Last week's damage is still fresh. The S&P lost 1.6%, the Nasdaq nearly 3%. One green Monday doesn't erase that.
The expected move for this week in the SPX is 130.56.
Don’s going live at 9:20 am ET to break it all doin.
– The TheoTrade Team