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- Momentum Monday - The War, Panic Headlines, AGI and the Historic Oil Spike...Are You Not Entertained
Momentum Monday - The War, Panic Headlines, AGI and the Historic Oil Spike...Are You Not Entertained
Howard Lindzon
March 09, 2026
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Good morning,
I prepared all weekend for a crash today and all I got was a flat market.
The $VIX closed at 29 on Friday and the media did it’s thing whipping everyone into a frenzy so that when the futures opened last night, the markets were all down 2-3 percent. I thought the $VIX would spike to 40 and I would place a few trades but the lows for the day happened around 10 pm est last night as we were starting the show.
Ivanhoff and I did our show which you can watch below, outlining our plans for the day, the week and also went over all the ways we are thinking about things.
Oil is not back below $100 after spiking to $120 and the $VIX is down to 27.
I did nothing this morning myself.
Enjoy the show…
Welcome back to Momentum Monday!
In today’s episode of Momentum Monday, Ivanhoff and I discuss the following:
Oil Shock and Geopolitical Impact
VIX Spike and Recession Risks
Space and Military Sector Acceleration
Energy and Defense Trading Strategies
Tech Outlook and Semiconductor Potential
Jobs, Inflation, and Rate Cut Outlook
In This Episode, We Cover:
Here are Ivanhoff’s thoughts:
Crude oil has almost doubled in a little over a week since the war in the Middle East started, and the stock market is starting to take it seriously. South Korea, Japan, and Europe are down 15-20% in the past week. Small-caps Russell 2000 (IWM) is down almost 12% since its all-time highs.
Financial markets are currently in a risk-off mode. Sometimes, risk off means a mean reversion. We saw it last week. Leaders went down, laggards jumped. South Korea, Europe, Japan, emerging markets, small caps, semiconductors, healthcare, and industrials broke down. Software showed incredible relative strength all week – either the market believes it overreacted to the downside and is correcting its recent behavior, or trend-following funds were forced to cover their shorts to reduce risk. Not surprisingly, energy and defence stocks also gained last week.
If this correction continues, the next stage is panic selling, when everything goes down fast. This is what creates the opportunities down the road. The phase after that is bullish divergences – when the indexes keep making new lows but select growth stocks make a higher low and build new bases. These would be the future leaders that could double and triple during the next bull run.
And here are the charts discussed:
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