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Hormuz Reopening Caps SPX Upside
Quiet
Little coverage in S&P 500 in the 7 days to 21 October.
Judged on the 7-day share of S&P 500 coverage to 21 October
Updated 21 October 2026
The argument: Investors are conditioned to buy dips, but the upside is limited due to expectations of Hormuz reopening.
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The argument and its evidence
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Earlier coverage
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Barchart · Published 17 Apr 2026
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In coverage record: 17 Apr 2026
“Investors have become conditioned to buy every dip. The outlook is binary: either Hormuz reopens soon, or it doesn’t. With equity markets already assuming Hormuz will reopen soon, the upside is perhaps limited.”
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