US Market Update Today: Global Stocks and Oil Surge

US market update today shows a period of extreme tension. Businessmen are monitoring the consequences of foreign conflicts. The level of fear is very high in all sectors. Major volatility at the opening bell is anticipated by the investors.

Energy and Metals are affected by Middle East Conflict.

The oil price in the world markets has risen today by more than 12 percent. This leap was after reports of closed shipping routes. There are Japanese and Greek tankers being diverted. As a result, this will be felt by all gas stations in the world.

Gold and silver prices had also made huge profits. Investors are shifting towards secure investments at this time. Within several hours, Gold went up almost 100. In the meantime the silver came up with its price spike.

Futures under Pressure ahead of Monday Opening.

Early this morning, Dow futures went down by more than 500 points. The S&P 500 also shows a 1% decline. This is an indication of early panic by the military news. Nevertheless, the market could stabilize on the open.

Nasdaq is falling by approximately 235 points. This is an indication that tech stocks are starting out cautiously. Analysts are looking forward to a recovery. Majority suspect that the response is a blown-out reaction.

Bitcoin and Crypto Markets are very resilient.

Bitcoin is stable amidst international anarchy. It is currently trading at the vicinity of the $65,000. It is supported at the lower trend line. Thus, the long-term bullish structure is maintained.

Today, XRP is also taking a position at $1.34. Majority of digital assets realize slight losses in a week. Cryptocurrency sentiment is poor and the prices resilient. This may result into a sharp relief rally.

Cargo Disruption in the Strait of Hormuz.

The Strait of Hormuz is now virtually closed down. Fifth of world oil is transported by this route. There are numerous tankers lying at idle in the Gulf. Due to this, the cost of supply chains will be increased.

Analysts are concerned with airline and factory fuel prices. These sectors are very dependent on fixed oil prices. In case the blockage is persistent, inflation may revert. Nevertheless, a very fast solution is anticipated.

Possible Stealth Bull Run Despite Fear in the market.

A back door bull run can occur behind the scenes. There are currently too many investors who are afraid of buying. History records that there is a tendency of bouncing of the markets following war. These are the dip opportunities that are sought by smart money.

The yields and the dollar have to settle down. In case the liquidity is elevated, there will be an increase in the risk assets. This will be a slow process which will develop. Keep an eye on the oil price levelling off.

The Outlook of the Week to come in Trading.

It will be a very volatile week to all traders. The opening of Monday will dictate weeks. Do not panic sell during the first morning fall. Give attention to the long term charts and data.

Media tends to create most of the geopolitical fears. Bad news in the markets tends to be priced in very fast. Be informed of the official news and price action. This is still one of the major US market updates.

• Monitor the level of oil resistance at 75.
• Watch Bitcoin support in the 63.8K.
• Track the Dow for a green open.
• Check silver and gold: price cooling.