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Bullish Market Analysis Apr 13, 2026

Market Summary — Post market — 2026-04-13

  • equity market opened the week with significant headwinds amid geopolitical tensions following the collapse of U.S.-Iran ceasefire talks and the Trump administration’s declaration of a port blockade, including the Strait of Hormuz
  • Early losses were deepened by softer-than-expected earnings at Goldman Sachs and rising crude oil prices (WTI up 7.1% to $103.46/bbl overnight)
  • However, a pronounced reversal unfolded as the session progressed: broadening strength, a pullback in oil (WTI settling at $98.97), and renewed diplomatic hope—sparked by reports of a potential in-person meeting with Iran before the ceasefire expires—reversed early losses
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