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We had a dramatic turnaround in stocks today when oil would spike to $120 overnight plunge to the mid-80s in the afternoon after President Trump said just before the close,

the war is very complete, pretty much.

Okay, Wallshe was getting very antsy about the war with Iran, so buyers lapped it up when the White House signaled that they

want to wind this thing down. A day ago, we were talking unconditional surrender. This afternoon,

the president was crafting a one-sided, separate piece.

Unfortunately, it might not be a decision the United States can make on its own.

You need to get the Iranian someone on board.

It won't be truly safe to buy stocks until the strait of Hermuz is open to traffic.

There could be no missiles coming at the tankers.

There could be no more attacks on oil infrastructure, desalilization plants. If that happens, we are going to go higher. It would allow us to build on the rally that

occurred from the bottom today with the Dow ultimately gaining 239 points as if the advancing

0.83 percent and the NASDAQ jumping 1.38%. But despite the extremely bullish colors with oil cascading lower,

it's possible we may not be out of the woods.

Look, it's a tall order for the war to be over.

But if you want stocks to go higher, you better hope it is.

That's because every short, sharp run in oil prices takes a wrecking ball to the stock market.

I can tick off the declines of stocks when oil goes up more than 100%.

But trust me, when I say that every time the S&P 500 is full and 20% or more,

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