Happy Wednesday! Wall Street’s fear gauge — The VIX — continues to soar and recently hit a five-month high as Wall Street scrambles to calculate the impact of the war between the U.S. and Iran. Read on to see how to trade the VIX, and turn panic into opportunity.

Also, the market loves a moonshot, but this one may test the limits of gravity as Elon Musk confirms talk of a $1.75 trillion IPO. Here’s all the details, including when the IPO could be coming.

Plus, if you’re looking for a fast-growing global aesthetic medical services company, check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• SPONSORED CONTENT

• MARKET HISTORY

The VIX Is Surging — Here’s How To Profit

Wall Street’s fear gauge — the VIX — just hit a five-month high as Wall Street scrambles to calculate the impact of the war between the U.S. and Iran. The recent surge reflects investors’ uncertainty on how the conflict could affect energy prices, interest rates, and more in both the U.S. and around the world.

Read on to see how to trade the VIX, and learn how to turn panic into opportunity.

SBC Medical Leverages OrangeTwist To Build Global Brand

SBC Medical Group Holdings Inc. (SBC) is in expansion mode in the U.S., Japan and Southeast Asia, and its investment in OrangeTwist is the beginning of that.

Last month, SBC Medical Group completed the investment, which includes a strategic partnership in which the two will cross-sell products and services in the U.S. and Japan. What makes the deal unique is that with SBC on board, OrangeTwist can now expand more rapidly and go after the medspa white space in the U.S.

Furthermore, SBC can replicate the approach across Japan and Southeast Asia, all with the goal of becoming a global leader in the aesthetic cosmetic services market. To learn more about SBC Medical and its deal with OrangeTwist, click here.

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Yesterday: U.S. indexes closed lower Tuesday after a volatile trading session driven by escalating concerns over a prolonged war between the U.S. and Iran. The Dow fell 400 points, recovering significantly from an early 1,200-point plunge, while the S&P 500 and Nasdaq also ended in negative territory, but rebounded to session highs by the close. Investor sentiment improved somewhat after President Trump said the U.S. Navy would escort tankers through the Strait of Hormuz, if necessary, to safeguard global energy flows. Oil finished the day up 4%, retreating from earlier spikes of 10%. In addition, gold prices reversed sharply lower following Monday’s gains, and the CBOE Volatility Index (VIX) — the market’s fear gauge — finished up 10%, its highest level since November.

On Our Radar: Analysts will be paying attention to the ADP employment report, ISM services, S&P Global PMI, and the Federal Reserve’s Beige Book for signals on labor, growth, and policy trends. On the earnings front, all eyes will be on Broadcom (AVGO), Veeva Systems (VEEV) and Okta (OKTA) which all report after the market close today.

Shares of Best Buy (BBY), Target (TGT) and AST SpaceMobile (ASTS) were among the top gainers, while MongoDB (MDB), Micron (MU), Western Digital (WDC), and Sandisk (SNDK) were among the day’s top laggards. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Tuesday.

Check out our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

Oil Alarm: With Iran halting tanker traffic at the Strait of Hormuz — which carries roughly 20% of the World’s oil supply — markets are already pricing in a supply shock, with some analysts calling for oil to surpass $100. Read on for all the insights and what traders are watching next.

Open Door, Closed Profits: Shares of Opendoor continue to tumble despite an earnings beat and easily topping analyst expectations. Find out why Wall Street isn’t buying the profit story.

Death Cross: Palantir’s stock is surging again amid global tensions, but with shares forming a Death Cross, is it a ticking time bomb. Click here to see if it’s time to hold or fold.

$600 Billion: One of Wall Street's most crowded trades just hit a wall, with $600 billion in market value erased from some of the world's largest companies. Discover the 10 stocks leading the global selloff.

Stock Of The Day: Shares of Apollo Global Management have been sliding, but could the freefall finally be over? Here’s what the charts and metrics say.  

AI Continues Gaining Popularity With Retail – Learn How To Take Advantage Of That With This Exclusive Benzinga And Direxion Bootcamp

The AI boom in the retail sector continues unabated, with many retailers pouring billions of dollars into AI to protect their margins, improve their sales and grow their businesses on a global scale. That provides investors with an opportunity to invest in everything from the chips and infrastructure providers to the retailers employing the technology.

Join Direxion's Senior Vice President of Institutional ETF Strategy Shawn Edwards and Gianni Di Poce, analyst at The Mercator LLC., for a high-impact virtual bootcamp to learn why this theme remains front and center. During this bootcamp, traders and investors will gain insight into where momentum may be building and how to use ETFs to capitalize on it.

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On This Day In 1957…

The S&P 500 was officially introduced, creating a broader and more representative benchmark for the U.S. equity market. Developed by Standard & Poor’s, the index tracks the performance of the 500 largest publicly traded companies in the U.S and is now the the primary gauge of the U.S. stock market. Over the decades, the index has changed significantly by adding and removing companies that do not meet its criteria. As of today, roughly 10% of the original 500 companies have remained.

QUOTE OF THE DAY

“The market can stay irrational longer than you can stay solvent.“

— John Maynard Keynes

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