📰 June 20 Market Playbook: Iran Escalates, Oil Surges, Trump Slams Powell & Triple Witching Day
$Energy Select Sector SPDR Fund(XLE)$
$iShares 20+ Year Treasury Bond ETF(TLT)$
Markets enter Friday on high alert. The overnight missile strike by Iran on Israel has stirred global risk markets — oil is rallying, defense stocks are popping, and tech is taking a breather.
Meanwhile, Trump reignites pressure on Fed Chair Jerome Powell, calling him "dumb" and “destructive”and even teasing that he might replace him after the election.
What does this mean for your trades today?
🔥 Key Drivers for Today
1. Iran-Israel Conflict
Safe havens and energy stocks in demand
QQQ could underperform amid geopolitical jitters
2. Oil Spike
WTI up nearly 5% intraday
Look to XLE, CVX, and XOM for momentum plays
3. Trump Attacks Powell
Political pressure on the Fed may add fuel to rate path speculation
Long-term bond volatility ahead — TLT, XLF worth monitoring
4. Triple Witching: Volatility Incoming?
Today also marks Triple Witching — the quarterly event when stock index futures, stock index options, and single-stock options all expire simultaneously. This convergence often fuels spikes in volume, volatility, and unpredictable intraday swings, especially into the final hour of trading. It's a day where algos and institutions rebalance — so tread carefully, especially if you're trading breakouts or fading moves.
🎯 Tactical Trade Setups
SPY (S&P 500 ETF)
📈 Bullish on dips if oil rally fades and safe-haven bids cool by midday
🔻 Hedge with short-term puts if escalation intensifies
QQQ (Nasdaq‑100 ETF)
⚠️ Vulnerable to high rates + geopolitical fears
🧠 Trade idea: Put spreads targeting semis, mega-cap tech
XLE (Energy ETF)
💥 Oil surge = upside breakout zone
🛢️ Long call spreads, especially if WTI holds above $88
LMT (Lockheed Martin)
🛡️ Defense bid on real-time conflict headlines
📦 Pair with tight call spreads to manage IV
🧠 What to Make of Trump vs Powell
Trump's aggressive tone toward the Fed won’t move markets today, but it sets the stage for long-term policy risk.
If markets believe PPowel's independence is threatened, it could shift yield curve expectations.
Tactical View:
Monitor TLT or EDV for bond volatility
Bank stocks like $JPM and $XLF benefit short-term from policy uncertainty
🗣️ Trump Quote:
“Jerome Powell is one of the dumbest and most destructive people I've ever seen... he cost us trillions.”
📌 Summary
SPY Neutral to Bullish Buy dips if oil fades
QQQ Bearish Put spreads on tech weakness
XLE Bullish Long calls on breakout
LMT Bullish Defense rally continuation
TLT Neutral Optional hedge on Powell noise
🧭 Final Take
Volatility is here, and geopolitical events are in the driver's seat. Stay nimble, size positions defensively, and don't ignore how Trump's shadow over Powell could reshape the rate narrative into the election.
#SPY #QQQ #XLE #LMT #Oil #Fed #TrumpVsPowell #TigerTrade
I'm not a financial advisor. Trade wisely, Comrades!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Mess0M·06-20Incredible insights! Always on point!1Report
- SiliconTracker·06-20Thanks for sharing.1Report