The heat is coming out of sharemarkets as the Middle East standoff continues. As oil rises above US$110, stocks are under pressure, especially airlines. Falling up to 40% this year, some analysts are saying they're a 'high risk, high value' proposition. We also preview what to watch out for when four of the 'magnificent seven' report tomorrow.

Watchlist: Qantas Airways, Seagate Technology, Westgold Resources

Check out these stocks: www.moomoo.com/quote