<ul data-eligibleForWebStory="true"><li>Commodities faced pressure amid conflict, with oil up 8% and gold testing highs.</li><li>Despite geopolitical tensions, markets remained relatively calm with no major sell-off.</li><li>Market reactions followed a familiar pattern with dip-buyers stepping in after shocks.</li><li>Wall Street's momentum in various assets played a crucial role in maintaining positivity.</li><li>Attention shifts to signals from the Middle East and Washington for next week's market mood.</li><li>Anxiety persists as Israel-Iran tension continues, impacting retail buying and bonds.</li><li>Potential tariffs and oil market instability add to market uncertainties.</li><li>Wall Street's risk traders influenced by momentum signals despite ongoing conflicts.</li><li>Extreme bullish positioning in ETFs raises concerns of market overreaction.</li><li>Positive economic reports keep 'buy the dip' sentiment alive amidst geopolitical events.</li></ul>

Wall Street’s Momentum Machine Faces A Middle East Stress Test

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