Jay Woods argues the market has been shrugging off Middle East tensions because escalations quickly de-escalate. He sees the higher-for-longer oil narrative as the real inflationary issue ahead, but for now the focus is on tech and the SpaceX IPO.
explicit
implicit
RUT
explicit
Metals
USD
Freedom Capital Markets
7.5
Asset Manager
Jay Woods 7.0
Asset Manager
Jay Woods 7.0
6/11/2026 7:11:29 PM
ndx
Focus on tech sector and SpaceX IPO. As long as spending stays, the market stays higher. However, if 10-year breaks above 4.6, it could spell near-term doom for equities.
wti
Oil cannot rally above 100. Downside is probably what we see first.
yields
Bonds haven't moved, trading wrapped around 112. We're wrapped in a very narrow range. Until we break down under 110 or go back up over 113-114, there's not much there.
Tom Sosnoff sees bonds in a narrow range with no clear direction, the Fed unable to raise or lower rates. He views the SpaceX IPO as overhyped and overpriced, with poor risk/reward for holding after the initial pop.
explicit
NDX
RUT
Oil
Metals
USD
Thinkorswim
2.5
Fintech Company
Tom Sosnoff 8.5
Fintech Company
Tom Sosnoff 8.5
6/11/2026 7:11:29 PM
yields
Bonds haven't moved, trading wrapped around 112. We're wrapped in a very narrow range. Until we break down under 110 or go back up over 113-114, there's not much there.