TraderS | 缺德道人|Jul 13, 2026 04:05
This week might be a tough one for the markets, likely influenced by safe-haven demand due to the war. After the overnight session opened, gold, silver, and stocks all took a dive. Adding to that, the positive news from SK Hynix's listing has run its course, and with no new themes to sustain momentum, last week's recovery in the AI storage concept has now turned into a full-blown 'Great Escape' scenario.
As of now, the U.S.-Iran situation hasn’t shown signs of easing like it usually does by early Monday morning, and oil prices have surged alongside U.S. Treasury yields at the open. If tensions remain high before the U.S. market opens tonight, coupled with the CPI data release tomorrow night driving safe-haven demand, Monday’s U.S. market might not look too good.
The only silver lining is that oil prices have been trending downward overall since June, so the CPI data might come in looking favorable. If that’s the case, the market could start recovering as early as Tuesday.
Also, this Tuesday, Waller will testify in the House, and on Wednesday, he’ll testify in the Senate. If he adopts a slightly more dovish tone during his testimonies, the market might feel more encouraged—or at the very least, he shouldn’t stir up more trouble. Otherwise, it’ll be tough for the market to handle so many consecutive blows in just one week.
In summary, the best-case scenario this week is a dip on Monday followed by a recovery on Tuesday. But if things don’t go as ideally, the earliest rebound might have to wait until after Waller’s Senate testimony on Wednesday. Let’s wait and see.
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