Pure Storage, Par, Imax, Getty Images, Kyndryl... - Mar 28

The Story

Shares of several midcap names slipped as U.S.-Iran tensions pushed oil above $100 a barrel, prompting an afternoon selloff in risk assets. Names called out in the report include $PSTG (Pure Storage), $PAR (PAR Technology), $IMAX (IMAX), $GETY (Getty Images), and $KD (Kyndryl), with losses noted heading into the long weekend, as of Friday, March 27.

Why It Matters For Your Portfolio

• Oil Back Above $100, Pressure On Growth: Oil topping $100 a barrel can raise input costs and stoke inflation worries, which often hurts multiple sectors including technology and services, and can put pressure on $PSTG margins.
• Risk-On Stocks Hit In Afternoon: The report notes an afternoon session decline, meaning short-term traders and momentum names like $IMAX and $GETY may see elevated volatility heading into the next session.
• Event Risk From Geopolitics: Escalating U.S.-Iran tensions are cited as the catalyst, a macro risk that can broaden market weakness beyond the listed names, including $PAR and $KD exposure to discretionary and enterprise spending.
• Timing, As Of Friday, March 27: Markets were closed Saturday, so the moves referenced are from the last trading day, which matters if you are rebalancing or adjusting exposure before Monday.

The Trade

This is a risk-off signal for short-term traders and momentum-focused growth investors who track volatility in names like $PSTG, $IMAX, $GETY, $PAR, and $KD. Watch oil prices, headlines on U.S.-Iran relations, and the next corporate catalysts such as upcoming earnings or guidance updates for these companies. Manage position sizing and stops given the geopolitical-driven volatility, and monitor how these names trade when markets reopen after the long weekend.