Market volatility is heating up amid escalating tensions in the Middle East, and savvy investors are taking note.
Last week, the S&P 500 closed below its balance range bottom, dipping about 1% on Monday before a choppy ride: gaps down followed by higher closes on Tuesday and beyond.
Friday’s payroll data hammered home the weakness—February revisions showed a shocking -92K jobs (vs. consensus +55K), pushing markets into backwardation and signaling broader economic strain. Crude oil surged to ~$90/barrel last week and is climbing higher early this week (hitting $101.8 in futures).
With 80% of supply flowing through the Strait of Hormuz, any disruption could send prices soaring—resolving only when stability returns.
Market breadth tells a mixed story: Top 50 stocks are below their 50-day SMA in the S&P 500, while equal-weight indices fare slightly better amid this reversal.
In uncertain times like these, protecting and growing your wealth requires expert navigation. As a seasoned wealth manager, I help clients improve or build resilient portfolios that weather geopolitical shocks and capitalize on opportunities. Ready to safeguard your investments?
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Regards,
Mario
