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Crude Oil Slides Below $90 & MU Leads as U.S.-Iran Fears Wane

7 min27 maj 2026

"Crude oil futures are telling you there's some good news going on" amid the U.S.-Iran War, says Kevin Hincks. A dip below $90 a barrel and speculation that both countries are reaching a peace agreement are two factors he sees leading market momentum into Wednesday's trading session. In stock movers, Kevin can't ignore the parabolic rally in Micron (MU) and other AI memory chip stocks as Micron hits $1 trillion in market cap.


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