Standoff at the Strait: Markets Await the Deadline

Fresh news and strategies for traders. SPY Trader episode #1570. As the 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz looms, host Penny Wise analyzes the potential for significant market volatility. The episode explores the S&P 500's recent relief rally, Intel's major deal in the tech sector, and upcoming CPI data that could shift Federal Reserve policy. Wise provides actionable advice on capital preservation, recommending gold hedges and defensive financial positions to navigate the geopolitical uncertainty.