The Strait of Hormuz reopened on Friday, indicating that negotiations with Iran are going well. The news sent the S&P 500 up 1.1%, the Nasdaq up 1.4% and the Dow Jones up 1.8%, and each closed the week at all-time highs.
But that optimism did not last long.
Stocks started to fall this morning when traffic came to a halt again after the US seized an Iranian cargo ship in the Gulf of Oman. Crude oil prices rose in response, with WTI trading (West Texas Intermediate crude oil(Oil reaches nearly $90 and Brent crude reaches nearly $95.
Fortunately, we have very good profits in the pipeline – and you can’t ignore good profits.
Furthermore, my fundamentally outperforming stocks have been much stronger than usual lately. I keep checking my pulse to make sure I’m not dreaming.
To explain what’s going on, I asked special guest Paul Hickey from Bespoke Investment Group to join me on Navellier Market Buzz this week. We discuss his “Triple Play” stocks, his “Bespoke 50” stocks that beat the market, and explain whether 2026 can be like 1999, the best-performing year in which many of my portfolios rose more than 100%.
Click the image below to watch now.
If you haven’t done so already, Click here To subscribe to my YouTube channel. To learn more about Paul, Go here.
In addition to grades in Stock grader (Subscription required) Updated this week! Click here to connect your stock And see how they were rated.
The hidden power behind the market
Now, much of the strength seen last week was driven by an easing of geopolitical tensions.
But this is only part of the story.
Some stocks were already moving higher, which is usually the first clue that a pattern is forming.
The problem? Most investors never see them until it’s too late.
This is exactly what our TradeSmith signals system is designed to do.
It scans thousands of stocks every day, and identifies these patterns as they form – so you can act on them before It becomes clear to everyone.
In a fast-moving market like this, this kind of advantage can make a big difference.
This Wednesday, April 22, at 10 AM ET, TradeSmith will be hosting a free live event to show you exactly how signals work. You can click here to register now.
I highly encourage you to make time for this valuable event. You’ll also be able to try the system for yourself!
sincerely,
Louis Navellier
editor, Market 360
