economy
March 13, 2026
Trader Stephen Weiss is Holding His Cash, Says 'This Is Not a Trading Market'
Stephen Weiss, chief investment officer at Short Hills Capital Partners, says this is not the time to be trading the market.
TL;DR
- Stephen Weiss advises against investing cash in the market currently due to uncertainty.
- The Iran conflict and Strait of Hormuz closure have caused oil prices to spike.
- The S&P 500 is on track for its first three-week losing streak in a year.
- Weiss suggests this is not a 'trading market' and is prone to volatility.
- Long-term investors may still find opportunities by buying the right stocks.
- Kevin Simpson highlights that prolonged high oil prices could affect corporate earnings.
- A resolution within two weeks could allow the market to recover.
Continue reading the original article