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[E38] Whipsaw in markets is crazy. Before Trump's 'war will end soon' announcement, markets were at peak fear with massive skew up. All it took was one de-escalation sign for markets to rip. Now disappointment might kick in and if markets tank again with oil ripping, time to add longs as skew will be up again. Trump reaction function to calm markets is at oil around $95-100.
commentary · 2026-04-07