Gold Miners, Nuclear, Homebuilders: 3 Trades That Could Bounce After Trump's Hormuz Deal

Following Trump's announcement of a deal with Iran that reopens the Strait of Hormuz, crude oil fell to $80/barrel. However, three sectors remain significantly underperforming since the February conflict began: gold miners (down 17-18%), nuclear/uranium companies (down 15%), and homebuilders (down 9.7%). These sectors were hit by dual pressures—lower commodity prices and higher interest rates driven by inflation concerns—and may recover if the ceasefire holds and yields decline.