A rally in US markets and Australia should be taken lightly by investors. All we need to see is a higher oil price, the US central bank talking of rate hikes or big tech companies showing margin pressure, and markets would be in a tailspin, falling up to 30% from recent highs. It all depends on how the Iran conflict continues from this point.

Watchlist: Albemarle, Myer, IperionX

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