Iran Threatens Oil Embargo & NFLX BEATS Earnings

The stock market saw another flurry of headlines and earnings today as traders saw markets hit a new low on the week. NFLX & TSLA after the bell wasn't enough to keep investors focused on the poor bank earnings and global conflict already leading to talks of embargos. Although the war tensions seemed to have an effect on the market, the yields again hit record highs and continued their ascent despite gold & the dollar catching a bid. This all points to the interesting phenomena occurring and offers a good reminder as the what brought the markets down in the first place. Earnings season is still the markets last hope but for now, it looks like the story in bonds isn't over yet. After this brief market recap, I go over a few oil trades and the trade I made on VKTX stock. Jerome Powell will be speaking tomorrow and we will see if he contributes to higher yields or helps slow them down.
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