[Chart courtesy of MarketWatch.com] Stocks pushed higher early on, even though trading stayed pretty choppy. The move built on yesterday’s big comeback as oil prices finally cooled off and traders kept a close watch on the escalating conflict with Iran. After a strong run, crude took a sharp dive today on expectations that several countries might tap their emergency oil …
Early Sell-Off Fades – Bulls Fight Back Amid Middle East Chaos
[Chart courtesy of MarketWatch.com] Stocks opened deep in the red as U.S. oil futures smashed through $100 a barrel (hitting over $119 overnight—the highest since 2022), sparking fresh fears of a stagflation scenario with rising inflation and slowing growth. The spike came after major Middle East producers slashed output due to the ongoing closure of the Strait of Hormuz. Kuwait …
ETF Tracker Newsletter For March 6, 2026
ETF Tracker StatSheet You can view the latest version here. WEAK JOBS REPORT + OIL SPIKE – STOCKS SLIDE, MAG 7 HOLDS FIRM [Chart courtesy of MarketWatch.com] Stocks opened lower and stayed soft all day, adding to their weekly losses as oil prices spiked higher and traders digested a surprisingly weak February jobs report. Nonfarm payrolls dropped by -92,000 …
Early Weakness Turns Ugly – Late Bounce Trims Losses
[Chart courtesy of MarketWatch.com] Stocks resumed their slide after yesterday’s brief breather, as fresh worries about the Iran conflict flared up again and sent oil prices surging. West Texas Intermediate crude futures topped $80 a barrel in the afternoon—the highest since July 2024—after Iran claimed it hit an oil tanker with a missile. Iranian Foreign Minister Abbas Araghchi added fuel …
From Yesterday’s Red To Today’s Bounce – Relief Rally Underway
[Chart courtesy of MarketWatch.com] The major indexes shook off yesterday’s volatility and opened strong, building on a broad rebound as traders focused on the latest U.S.-Israel-Iran developments while letting some of the growth-scare fears from last week fade into the background. Treasury Secretary Bessent said today the U.S. is gearing up for “a series of announcements” to keep oil flowing …
Iran Tensions Spike Oil – Stocks Tank Early, Then Trim Losses
[Chart courtesy of MarketWatch.com] U.S. stocks got slammed right out of the gate, wiping out Monday’s comeback as oil prices spiked again and traders started fretting that the U.S.-Iran conflict could drag on longer than expected. The Dow was down about 1,200 points (around 2.5%) at one point, while the S&P 500 and Nasdaq each slipped roughly 2.2%. Brent crude …