Good morning!
The war continues with the US striking more targets, including Kharg Island, while Iran ups the pressure on the UAE. The Strait of Hormuz remains effectively shut, with only a few Iranian and Chinese ships passing through, leaving around 10 million barrels per day of oil and products stagnant. Saudi Arabia is attempting to redirect most of its exports through the Red Sea, while the IEA has coordinated the biggest stock release ever (400 million barrels). These measures could prove enough only if the conflict ends over the next few days and traffic resumes.
Data-wise, tomorrow we expect the Bank of England, the ECB, and the Bank of Japan to keep their interest rates unchanged. It will be important to see any mention of the war, rising inflation expectations and how they will impact the future trajectory. Next week, both Japan’s and the UK’s inflation prints are expected to soften.
Plan it. Alert it. Slam it.
✅ Read the trades
🔔 Set alerts
🎯 Time your entry
HYPE — Long
$29.99 → Last: $42.3
We TP’d all at 38.5, but some left running to 40+
CL (Oil) — Long
$82 → 97.62
The original bid level did not fill, but many entered a long anyway
BTC/USDT — Long
+4.3%
71K → 74K
LTF Triangle breakoutHYPE+VVV/NEAR+AAVE — Long
+8%
144 → 155
Pair Trade // HYPE n VVV strong
RESOLV/USDT — Short
+40%
0.13 → 0.08
Huge OI surge at the top/exits by some whales.
SHAZ — Long
$18→ Last: $24.87
Stock bounced ~30% after being oversold, which we used as an opportunity to average down at $18 or below
Unlock the full Newsletter
Disclaimer
Wizard of Soho LLC and Weekly Wizdom publish financial information based on research and opinion. We are not investment advisors and do not provide personalized, individualized, or tailored investment advice. Additionally, we do not offer legal advice or information. The publisher does not guarantee the accuracy of the information provided on this page. All statements and expressions presented are based on the author's or paid advertiser's opinion and research. Directly or indirectly, no opinion is an offer or solicitation to buy or sell the securities or financial instruments mentioned.
As news is ever-changing, the opinions included should not be taken as specific advice on the merits of any investment decision. Investors should conduct their own investigation and review of publicly available information to make informed decisions regarding the prospects of any company discussed. Any projections, market outlooks, or estimates herein are forward-looking and inherently unreliable. They are based on assumptions and should not be construed as indicative of actual events.
Contrarily, other events that were not considered may occur and significantly affect the returns or performance of the securities discussed herein. The information provided is based on matters as they exist on the date of preparation and does not consider future dates. As a result, the publisher undertakes no obligation to correct, update, or revise the material in this document or provide any additional information. The publisher, its affiliates, and clients may currently or foreseeably have long or short positions in the securities of the companies mentioned herein. They may therefore profit from fluctuations in securities prices. There is, however, no guarantee that such persons will maintain these positions. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile, or any other means is illegal and punishable.
Neither the publisher nor its affiliates accepts any liability for any direct or consequential loss arising from any use of the information contained herein. By using the website or any affiliated social media account, you consent and agree to this disclaimer and our terms of use.
