Market Maker Are Traders Front-Running Trump’s Announcements?
Mar 29, 2026
They unpack the surge in oil prices and the risk of $200 crude. They explore why stocks and bonds can fall together and what that means for balanced portfolios. They dig into geopolitical threats like the Strait of Hormuz and how diplomacy and tactics move markets. They examine suspicious large trades placed just before a Trump headline and whether algorithms or positioning could explain them.
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Steady Oil Rally From $100 Support
- Oil gained steadily from $100 to about $112 across the week as the Hormuz situation created sustained upside rather than pure intraday spikes.
- Piers Curran notes $100 acted as a strong support and the market moved steadily after mid-week, not just in wild intraday gyrations.
Avoid Shorting Oil Into Geopolitical Weekends
- Avoid being short oil into weekends because geopolitical events can trigger large gap moves when markets are closed.
- Piers Curran warns a weekend strike or surprise could open crude much higher Monday, making short positions very risky.
When 60/40 Breaks Down
- Stocks and bonds can both fall when inflation risk and economic risk rise simultaneously, breaking the usual 60/40 hedge.
- Piers Curran compares the current setup to 2022 where rising energy prices pushed inflation expectations and yields higher, hurting both asset classes.