Yesterday, Monday, March 9, 2026, Wall Street staged a massive "relief rally" in a session defined by extreme intraday swings. After opening down nearly 1.5% as crude oil futures skyrocketed toward $120 a barrel, the markets reversed course sharply to finish in the green.

📈 Why the Markets Rebounded

The primary catalysts for this remarkable recovery include:

1. G7 Intervention: Finance Ministers and Central Bank Governors held an emergency meeting to signal "managed urgency." By discussing a coordinated release of strategic petroleum reserves (potentially 300M to 400M barrels), they successfully cooled fears of a global energy shock.
2. Geopolitical Assurances: Market sentiment improved significantly following President Trump's announcement that the US Navy will escort commercial vessels through the Strait of Hormuz. This was bolstered by the news that the government will provide political risk insurance and financial guarantees to shipping lines.
3. Oil & VIX Retraction: Crude oil has retreated back below the $100/barrel mark (WTI hit an intraday low near $88), and the VIX has dropped back toward 25 from its morning spike near 30, easing the pressure on equity futures.

Is this a new Put option for stocks?

📉 Active Option Trade Tracker

We have been on a roll with the US 500 challenge on IG and the IBKR XSP/SPY challenge. We have already closed out trades with gains of 1.48% and 1.32% respectively for this month. Following yesterday's wild volatility, our active positions are performing excellently:

• US 500 Short 6150 March 31st Put: +0.63%. Click Here to access trade details.
• XSP Short 615 March 31st Put: +0.67%: Click Here to access trade details.

Strategy Note: We intend to close out these trades when they hit circa 75% of our maximum potential profit.
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Year-to-Date Performance:
- US 500 challenge is now up a whopping 7.55% YTD
- IBKR XSP/SPY challenge is up a nice 5.73%.

This is exceptional outperformance considering the S&P 500 is down 0.72% for the same period.
Navigating this extremely volatile period with these gains proves the resilience of our high-probability approach.

📋 Long-Term Buy Watchlist Update

Yesterday's reversal provided a "V-bottom" look for many of our top targets.

• NVDA (Nvidia): Gained +2.71% ($182.65) following a Morgan Stanley upgrade and renewed AI optimism as the geopolitical "fog" lifted. We like this stock and think it is a buy at these levels.
• AMD (Advanced Micro Devices): A massive standout, surging +5.32% ($202.68) as it reclaimed the key $200 level.
• Oracle (ORCL) reports earnings tonight. This is a long term buy and hold target for us. We will wait for earnings to pass before making an investment.

📅 Market Review for Monday, March 9, 2026

Overview: The day started in "panic mode" with oil-driven inflation fears, but ended in a buying frenzy. The turning point came in the afternoon when headlines suggested a de-escalation in the Middle East, causing crude oil to plummet from its highs back into the $80s per barrel.
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🏛️ FX & Crypto Review

• Bitcoin (BTC): Settled near $68,284.
• EUR/USD: Volatile, but settled near 1.1631 as the Dollar's safe-haven bid evaporated in the afternoon.

📈 Major Indices & Commodities

• S&P 500: Gained +0.83%, closing at 6,796.33.
• Nasdaq Composite: Jumped +1.38%, finishing at 22,696.81.
• Dow Jones Industrial Average: Added +0.50% (+240 points), closing at 47,741.75.
• Gold: Volatile; hit highs near $5,300 before settling around $5,050 as risk appetite returned.
• WTI Crude Oil: Ended the day significantly lower than its intraday peak, settling back in the $80/bbl range.

Strategy Assistance

If you require assistance with trade setup, risk management, or strategy review, please schedule a strategy call.

• PREMIUM Plan Members: Strategy calls are included in your plan.
• All Other Members: Strategy calls can be scheduled at a rate of €100 per half hour.

Happy Investing

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