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Iran Parliament Speaker Offers Market Strategy: 'Short if they pump, long if they dump'
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Iran Parliament Speaker's Market Advice: 'Short if they pump, long if they dump'
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CNBC TV18
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30-03-2026, 06:45
Iran Parliament Speaker's Market Advice: 'Short if they pump, long if they dump'
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Mohammad-Bagher Ghalibaf, Iran's Parliament speaker, criticized US pre-market posts on 'X' as profit-taking setups.
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Ghalibaf advised investors to 'Do the opposite: If they pump it, short it. If they dump it, go long.'
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His comments come amidst the fifth week of the US-Iran conflict, with no de-escalation in sight.
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Last week, Trump's announcement of a five-day pause on attacking Iran's energy infrastructure caused a brief market rally.
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Despite the rally, markets sold off, oil prices rose, and bond yields hardened, with Wall Street indices entering correction territory.
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