Alphabet is mentioned as a stock that could be leading the market for another day.
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Demented Iran War Headlines & The Bear Market Rally
Apr 2, 2026
The creator recaps a market rebound on Tuesday, March 31st, attributing it to an oversold condition and algorithmic buying, with heavyweights like Nvidia, JP Morgan, and Microsoft leading the gains. While energy stocks saw some selling, it wasn't significant. The rebound was triggered by headlines suggesting Iran was ready to end the war and Trump's potential withdrawal from the region, though the creator questions the lasting impact of these events and emphasizes focusing on market technicals and psychology.
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Tickers discussed in this post
Tesla's rebound is likely a B leg in an inverse ABC pattern, with increased put buying indicating traders expect further declines.
Apple is facing resistance at $255; a close above this level would be bullish, but failure and a drop below the 200-day moving average could initiate a short trade.
The creator plans to play along with the current market rebound, potentially by renting MU (Micron) shares.
Google was among the heavily weighted stocks that saw the most gains during the market rebound.
Microsoft was a heavily weighted stock that experienced significant gains during the market rebound.
JP Morgan was one of the heaviest weighted stocks that saw significant gains during the market rebound.
Nvidia was among the heaviest weighted stocks that gained the most during the market rebound.
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Tracked calls opened from this post
TSLAsell opened Apr 2, 2026
+4.47%