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VIDEO: A Flurry of Moving Market Storylines and Today’s Trades

Oil prices are down, but where they settle out compared to January and February will matter

Chris Versace·Mar 23, 2026, 5:46 PM EDT

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US-MARKETS-ECONOMY

Following our early morning trades, I had several media interviews today and I spent some time with the investment team at SuRo Capital  (SSSS) . It made for a hectic day, especially given the uncooperative weather in New York City today, but I can now share some of these clips with you and the conversations about the market, oil, our decision to close out our ProShares Short S&P 500 ETF  (SH)  position, add a new one in Applied Materials AMAT today, and a few other topics. I’ll have more on my conversations with SuRo later this week.

Schwab Network

"What we're seeing today is the market getting a sigh of relief," says Chris Versace, referencing headlines on President Trump and Iran offering room for a technical bounce. He walks investors through his firm's investment strategies from when the strikes on Iran first occurred through Monday morning's Truth Social post from Trump pointing to a five-day ceasefire. Chris also has stocks on his shopping list amid the positive price action, from American Express  (AXP)  and Applied Materials  (AMAT)  to Palantir  (PLTR) .

Click here to watch Chris’s conversation with the Schwab Network

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