Gold and oil as safe havens and stocks to watch during Iran unrest
This isn’t financial advice, but as the saying goes, every situation brings opportunity. With the ongoing unrest involving Iran, I’ve been looking into how this could impact the markets. From what I’ve found, military and defense stocks could see strong moves.
Reports say advanced military technology was used to jam Starlink and shut down around 90% of the internet, which has made the situation more intense.
Here are some stocks I’m watching on Bitget stocks futures, and why:
Palantir ($PLTR) – Provides military data analysis and intelligence support during high-risk situations.
Lockheed Martin ($LMT) – Makes F-35 fighter jets and missile defense systems used by the U.S. and Israel.
Raytheon ($RTX) – Known for Patriot missile systems and air defense, which are critical in Middle East conflicts.
Elbit Systems ($ESLT) – An Israeli defense company focused on drones and electronic warfare.
If you’re watching other stocks, or trading gold, oil, or other commodities because of the situation, feel free to share. Let’s explore ideas together.
Markets are reacting to mixed Iran news protests have eased and the chance of a US strike seems lower, so oil and gold aren’t running away like they did earlier. That’s kept stocks from tanking too hard and reduced some fear-driven buying. But volatility is still there and supply risks haven’t fully gone away oil can still bounce if tensions flare again. Always trade with stops and stay aware of headlines.
