Ghabour: U.S.-Iran Memorandum Lifts Dark Cloud Over Stock Market

Eddie Gabor sees the Iran peace deal as removing the biggest inflationary overhang, allowing oil to fall and the Fed to turn dovish. He expects a broadening market rally beyond tech into small caps, homebuilders, financials, and healthcare. He favors equal-weight S&P (RSP), semiconductors, and software over Mag 7, predicting higher highs by year-end despite summer volatility.

Yields down , medium term, interviewee explicit

explicit

NDX cautious up , medium term, interviewee implicit

implicit

RUT up

Oil down , short term, interviewee explicit

explicit

Metals

USD

RSP up

Key Advisors Wealth Management 6.0
Wealth Manager
Eddie Gabor 6.0

Ghabour: U.S.-Iran Memorandum Lifts Dark Cloud Over Stock Market

US stocks; WTI

ndx

Tech will still lead due to beta and flows, but Mag 7 may lag; prefers semiconductors and software. Overall market expected to make higher highs.

rut

Small caps are making new highs again today.

5 calls

+2

no reliable edge (random outcomes)

6/2/2026 8:30:37 PM	short term cautious down	5 days later	-1.32%	+0.66%
3/16/2026 8:00:06 PM	short term down	6 days later	-1.02%	+1.02%
3/4/2026 3:01:11 AM	short term up	5 days later	-1.45%	-1.45%
1/14/2026 1:00:59 AM	medium term up	20 days later	-1.87%	-1.87%
12/23/2025 1:00:55 AM	medium term up	20 days later	+3.34%	+3.34%

Show all 5 rut results

wti

Oil could be in the low 70s by the end of this week if things continue to progress.

1 calls

-21

consistently off direction or weak follow-through

3/16/2026 8:00:06 PM	short term cautious up	6 days later	-8.40%	-4.20%

yields

The 10-year yield and long end of the curve are starting to come down, which means maybe we've hit peak rates here in the near term.

1 calls

+7

slightly better than random

6/2/2026 8:30:37 PM	short term up	5 days later	+1.36%	+1.36%

Asks about the significance of the Iran peace deal framework and whether the market is overpricing peace given past false starts.

Alex Coffey
Eddie Gabor

Trust signals until they change; oil market already priced in peace by staying below $100. Expect volatility until signatures, but direction is positive. Oil could fall to low $70s this week.

The Iran conflict was the biggest dark cloud due to inflationary pressure. With oil and fuel prices falling, rate hikes are off the table. Growth is strong, inflation decelerating, and rate cut conversations may start by year-end.
Eddie Gabor

Expects a choppy summer but not a major correction if Fed is dovish. Market will continue making higher highs; buying dips has been rewarded.

Still expect some normal summer volatility, but a dovish Fed tone could prevent a big correction.
Asks about the timing of Kevin Warsh's first Fed meeting and expected tone.

Alex Coffey
Eddie Gabor

Peace deal takes pressure off Warsh; a dovish tone would be extremely bullish. Only a hawkish surprise could derail the rally.

Warsh is known as a hawk on balance sheet reduction, but with oil dropping, he can afford a dovish tone. Markets get choppy with new Fed chairs as they interpret his words.
Asks about expected market broadening if peace resolution holds.

Alex Coffey
Eddie Gabor

Expects broadening as 10-year yield falls, opening interest-rate-sensitive areas: homebuilders, small caps, industrials, financials. Added RSP (equal-weight S&P) for broader exposure.

Tech still leads due to beta and flows, but defensive healthcare added for balance. Small caps making new highs is a positive sign. Narrow markets often precede corrections.
Asks why favor equal-weight RSP over cap-weighted S&P 500 for broadening.

Alex Coffey
Eddie Gabor

Mag 7 may lag; prefers semiconductors and software over Mag 7. Underweight Mag 7, overweight semis and software ETFs. Swap SPY for RSP.

Software is a contrarian play that could catch a bid in H2 2026. This strategy captures broadening while staying concentrated in tech areas expected to outperform.

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