Let’s keep an eye on the oil companies!

Figure 1 shows the data I’ve shown you many times, and crude oil inventories in 24 years are renewing ALL TIME LOW except for 22 years.

The decrease in crude oil inventories means that demand is strong and supply is low, and if a recession is imminent, demand should have been weak.

but,
1) Demand was good as of last Wednesday,
2) ExxonMobil CEO said demand is good,
3) Gasoline demand is up 4.7% compared to last week.

According to UNWIND of YEN CARRY TRADE, crude oil was also indiscriminately and unfairly SEL-OFF, and its status was that I knew the position of the hedge fund manager I shared in advance (ALL TIME LOW since 2016), so I was able to respond steadily.

Figure 2.
When YEN CARRY TRADE becomes UNWIND, the most influential company is INFOECH, the semiconductor company because when YEN CARRY TRADE becomes YEN CARRY TRADE,

• Short-term yen, short-term energy, short-term volatility
• It has benefited the most from LONG TECH and LONG AI, and we can see that the 24-year semiconductor sector accounts for the largest share of the SP500.
• On the contrary, the energy sector is only 4%.

In addition to YEN CARRY TRADE, crude oil was unjustified on the grounds that the unemployment rate was 4.3%, but if ISM SERVICE came out high and crude oil inventories continued to fall in the future, there is a high probability that energy will benefit greatly.

BRENT oil prices have now made a positive turnaround!
Way to go! 🙂
innocent