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Why a Historic Peace Deal Just Triggered a Massive Tech Rally
Description
The Monday session closed green. Here is why: a historic U.S.-Iran peace framework to reopen the Strait of Hormuz sparked a massive risk-on relief rally, crashing crude oil by 5% and squeezing short-sellers.
🚀 Winner: Technology, led by a massive rotation into mega-cap growth, semiconductor giants, and SpaceX (+18.6%). 📉 Loser: Energy, which took a direct hit as WTI crude plummeted to a three-month low near $80.
🔔 The Look Ahead: Keep all eyes on SpaceX (SPCX) tomorrow as its options list for the first time, alongside the high-stakes kickoff of Kevin Warsh's debut FOMC meeting.
Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.