Energy Surges as Tech Takes a Reality Check
Fresh news and strategies for traders. SPY Trader episode #1708. On August 31, 2026, the markets faced a correction driven by rising oil prices over $90 and fatigue in AI stocks like NVIDIA. With Fed Chair Kevin Warsh signaling a potential September rate hike and Treasury yields climbing, the focus shifts toward energy, gold, and largecap value stocks to hedge against geopolitical tensions and inflationary pressures.
The skinny
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