🚨 UPDATE: ENERGY TRADE STILL RUNNING — AND I’M NOT SELLING
On February 2nd, I told you to buy OIH and XLE.
Since then:
→ OIH: +14%
→ XLE: +10%
→ Crude oil: 7-month highs
And in my view — this move isn’t over.
Here’s why.
THE REAL DRIVER: GEOPOLITICS + SUPPLY RISK
This weekend, the U.S. and Israel launched major strikes on Iran.
Iran is now retaliating across the Middle East.
What matters isn’t the headlines.
It’s what this does to oil supply.
About 20% of global oil moves through the Strait of Hormuz every day — the narrow route between Iran and the Arabian Peninsula.
Iran controls one side of it.
If that flow gets disrupted — even partially — global supply tightens immediately.
Iran has already declared U.S. assets in the region “legitimate targets.”
Airports across Gulf states are shutting down.
1,400+ flights canceled.
That’s not noise.
That’s risk entering the system.
OIL WAS ALREADY MOVING
Crude was rising even before the escalation:
From about $61 in early February → to $67 heading into the weekend.
The geopolitical risk premium was underpriced for weeks.
That’s why I said this wasn’t a short-term trade.
This is structural positioning.
Energy moves fast when supply risk appears.
And right now, supply risk is growing — not fading.
I’m still holding.
If I make new moves, I’ll share them.
#IranConfirmsKhameneiIsDead #USIsraelStrikeIran #TrumpStateoftheUnion $SOL
