Oil Volatility And The Market Impact

Lance Roberts33.98K FollowersFollow5ShareSavePlay(25min)CommentsSummaryThe S&P 500 extended its losing streak to three consecutive weeks, the first such run in roughly a year.We have shifted from a “buy the dip” market to a “sell the rip” environment. If the market breaks the 200-DMA, that will be technically significant.Due to that disruption, crude oil prices and oil volatility spiked from roughly $73 per barrel before the strikes to an intraday peak of $119.50 on March 9, a move of more than 63% in ten days.With oil volatility elevated, it is not a signal to relax. It is a signal that the market is repricing risk in real time and has not reached a conclusion.The Iran conflict continues to weigh on risk appetite. Oil prices remain the key driver for the markets in the near term. Yanleth Rivera/iStock via Getty Images Market Brief – Iran Conflict & Private Credit Rattles Markets The S&P 500 (SPX) extended its losing streak to three consecutive weeks, the first such run in roughly a year. The convergence of geopoliticalThis article was written byLance Roberts33.98K FollowersFollowAfter having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; I have pretty much "been there and done that" at one point or another. I am currently a partner at RIA Advisors in Houston, Texas. The majority of my time is spent analyzing, researching and writing commentary about investing, investor psychology and macro-views of the markets and the economy. My thoughts are not generally mainstream and are often contrarian in nature but I try an use a common sense approach, clear explanations and my “real world” experience in the process. I am a managing partner of RIA Pro, a weekly subscriber based-newsletter that is distributed to individual and professional investors nationwide. The newsletter covers economic, political and market topics as they relate to your money and life. I also write a daily blog which is read by thousands nationwide from individuals to professionals at www.realinvestmentadvice.com.