Oil prices could still yet drive equities lower, says Capital Wealth's Kevin Simpson

Watch on YouTube ↗  |  April 17, 2026 at 20:29  |  5:04  |  CNBC
Speakers
Kevin Simpson — Investment Committee Member

Summary

Kevin Simpson of Capital Wealth Planning discusses the stock market rally, cautioning that oil prices remain a key risk that could drive equities lower. He shares specific investment moves, including initiating a position in Tempest AI for its healthcare AI potential and selling covered calls on American Express to generate income. Simpson emphasizes monitoring earnings guidance for impacts from higher energy prices.

  • Stock market rally with breadth across major indices like S&P 500, Nasdaq, and Russell.
  • Oil prices identified as a linchpin risk that could negatively impact equities.
  • Initiated a position in Tempest AI due to its AI-driven healthcare database and growth prospects.
  • Sold covered calls on American Express to enhance income while remaining long the stock.
  • Earnings season off to a strong start with reports from Taiwan Semi, Pepsi, and banks.
  • Concerns about higher energy prices trickling into future earnings guidance.
  • Overall foundation for market to trend higher but caution against blind optimism.
  • Highlights the importance of next week's economic reports and earnings for sentiment.
Trade Ideas
Kevin Simpson Investment Committee Member 1:36
Oil prices could drive equities lower.
Oil is the linchpin that could drive equities lower if higher prices trickle into earnings guidance, presenting a key risk to monitor for potential market downside.
WTI MED
Kevin Simpson Investment Committee Member 2:44
Tempest AI has strong growth potential.
Initiated a position in Tempest AI, a precision medicine biotech company leveraging AI in healthcare, due to its large clinical database, revenue guidance of $1.6 billion for 2026, and a contract with Gilead, offering high reward for the risk.
TPST HIGH
Kevin Simpson Investment Committee Member 4:10
Covered calls on AXP generate income.
Sold one-month covered calls on American Express stock at a $360 strike to generate income, enhancing cash flow by an annualized 8% premium, while remaining long the stock and participating in growth up to that strike price.
AXP HIGH
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This CNBC video, published April 17, 2026, features Kevin Simpson discussing WTI, TPST, AXP. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Kevin Simpson  · Tickers: WTI, TPST, AXP