Asks if oil will continue to set the tone for markets today.
Diane
Kevin Green
Believes oil will set market tone due to options expiration, lack of economic data, and weekend geopolitical risks on oil/gas infrastructure.
Asks about impact of potential sanctions rollback on elevated crude prices.
Diane
Kevin Green
Estimates vary widely on Iranian crude availability (30M-170M barrels), providing only short-term relief if strikes continue on refining capacity and land storage.
Asks about volatility expectations for triple witching.
Diane
Kevin Green
Expects significant volume and volatility from triple witching with E-mini S&P 500, Nasdaq 100, and Russell contracts expiring.
Asks about FedEx earnings highlights given elevated fuel prices.
Diane
Kevin Green
FedEx beat expectations with $5.25 EPS vs $4.09 expected, showing resilience to fuel costs through expense cuts and fuel surcharges.
Asks for key S&P 500 levels to watch.
Diane
Kevin Green
Upside 6670, downside 6500 with 6550 as key inflection point. Breaking 6500 could lead to 6000 over time.