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

Odaily "1011 Insider Whale" agent Garrett Jin posted, stating that the closure of the Strait of Hormuz has entered its 16th day. Since February 27, oil prices have accumulated a rise of approximately 45%, with Brent crude oil prices climbing above $103. Currently, there are still no signs of a ceasefire. Strategic Petroleum Reserves (SPR) may only be able to cover about 12% to 15% of the supply gap. The suggested 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.