BETWEEN THE HEDGES: Stocks Lower into Afternoon on Mideast War Escalation Fears, Surging Oil, Technical Selling, Consumer Discretionary/Medical Equipment Sector Weakness

Friday, July 17, 2026

Stocks Lower into Afternoon on Mideast War Escalation Fears, Surging Oil, Technical Selling, Consumer Discretionary/Medical Equipment Sector Weakness

Posted by Gary .....at 1:45 PM

Overseas Futures:

Nikkei 225 Futures: Indicating +1,140 open in Japan
China A50 Futures: Indicating -126 open in China
KOSPI 200 Futures: Indicating n/a open in South Korea

DAX Futures: Indicating +150 open in Germany

Portfolio:

Higher: On gains in my tech/biotech sector longs, index hedges and emerging market shorts
Disclosed Trades: Covered some of my (IWM)/(QQQ) hedges
Market Exposure: Moved to 75% net long

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