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Stocks sold off as oil prices surged, with gas prices hitting 2024 highs and oil breaking $80 a barrel—up 45% since December. This spike, driven by the closed Strait of Hormuz, mirrors the 1973–1975 oil shock that triggered stagflation and a 49.9% drop in the S&P 500. Currently, $SPY is 2.42% from its highs, chopping in a downside channel with key support at $676. Tensions remain high as the war with Iran could last through September, costing the U.S. roughly $1 billion a day. Adding to the pressure, new White House rules restricting global AI chip shipments sent Nvidia and AMD lower. All eyes are now on tomorrow’s jobs report, where a deviation from the expected 59k jobs could spark massive volatility. With so much volatility in the headlines, having a clear game plan is essential. Hit subscribe to get our daily market analysis and risk management strategies delivered straight to your feed. Let's get out there and crush it this week and in 2026!

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0:00 Big Implications for Tomorrow
05:42 Favorite Setups & Predictions

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