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War escalating again...
20-25% of world's petroleum and liquid oil passes through Strait of Hormuz - CLOSED
7% to 12% of total global seaborne-traded petroleum and crude oil passes through the Bab el-Mandeb Strait daily - CLOSED
Which means :
Oil prices higher⬆️
Gas prices higher ⬆️
Inflation higher ⬆️
& Stocks lower ⬇️
We are doomed.
War escalating again...
20-25% of world's petroleum and liquid oil passes through Strait of Hormuz - CLOSED
7% to 12% of total global seaborne-traded petroleum and crude oil passes through the Bab el-Mandeb Strait daily - CLOSED
Which means :
Oil prices higher⬆️
Gas prices higher ⬆️
Inflation higher⬆️
Stocks down⬇️
Rate hikes?
Guys, I really think we are getting ahead of ourselves.
Datacenter stocks $IREN $NBIS $CRWV may have price-wise bottomed.
Stocks like $DGXX $KEEL $HIVE $CLSK may not have and may still bleed over the next few months slowly grinding lower.
Price-based capitulation may be almost over, now its Time-based capitulation.
Retailers will get bored holding these stocks as they will do nothing over the next few months and they will move to other narratives.
Then, all of a sudden Datacenter stocks will give 5x-10x and everyone will miss the move.
If you have conviction on this sector, better to DCA over next few months and sit patiently.
"money is made by sitting, not trading"
~ Jesse Liv
$IREN $NBIS $CRWV $CLSK $WULF $CIFR
Don't chase.
We sold off violently, this is just a violent bounce, things are going to cool off and bleed for at least next couple of months.
Don't chase green candles.
Stay rational.
Slowly DCA.
If there was ever a doubt, remove it.
One trade that is going to benefit from any or all of these:
AI, Agentic payments, Robotics, Robinhood chain adoption $HOOD .. and many more, you name it.
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