"1011 Insider Whale" Agent: Recommends Reducing Stock Exposure in the Near Term but Bullish on Crude Oil

Odaily News The "1011 Insider Whale" agent Garrett Jin posted, stating that the closure of the Strait of Hormuz has entered its 16th day. Since February 27th, oil prices have accumulated a gain of approximately 45%, with Brent crude oil prices rising above $103. Currently, there are still no signs of a ceasefire. The Strategic Petroleum Reserve (SPR) may only be able to cover about 12% to 15% of the supply gap. The recommended near-term trading strategy is to be bullish on crude oil and reduce stock exposure, especially assets in energy net-importing economies such as Japan, South Korea, and Europe. Simultaneously, in an environment where interest rates, the US dollar, and oil prices are all rising, overall market liquidity is tightening. Investors should maintain cash positions, shorten duration, and remain vigilant.