Chevron is expected to decline as the geopolitical risk premium in oil prices is removed.
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The ceasefire just dropped. 🚨 Trump just announced a 2-week suspension of all attacks on Iran. D
Mr M TradesNew
The creator discusses a potential geopolitical ceasefire between the US and Iran, noting that a successful deal could lead to a significant drop in oil prices and a broad market rally. He outlines a tactical playbook for the market open, highlighting sectors likely to benefit from lower oil prices versus those that may face headwinds.
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Expect energy stocks like XOM to face downward pressure as the war premium in oil prices unwinds.
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