Sell SPY by Jun 7, 2026.

What are your thoughts about today? It feels kind of crazy that crude jumped to 120, yet the S&P and tech have already bounced back. I understand that oil is now around 92, but that’s still very high, and there’s no clear reason why it couldn’t go up even further. It just feels like there’s too much blind optimism and that the market is running on hopes and hype.