April 8, 2026

By Nigam Arora

To gain an edge, this is what you need to know today.

Deploy Cash And Reduce Hedges

The remaining hedges are still very profitable.  Consider taking additional profits on hedges, especially on any pullback.  Consider deploying cash, especially on a pullback.

Please see the Arora Protection Band And What To Do Now section below for details.

Market At Resistance Zone

Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the following:

•  The chart shows the stock market has staged a spectacular rally on the news of a ceasefire with Iran.