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Monday, June 23rd
“From where does creativity spring?
In my experience: drugs, alcohol and chaos.
In any case: order, sameness, habit and conformity have, since the beginning of time, created but one thing:
Suffering.”
– John Mcafee
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Markets Today
🌏 Asia-Pacific: Mixed
🇪🇺 Europe: Down
🇺🇸 United States: Up
🛢️ Oil: Down
⚡Crypto: Up
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Major Market Events
- U.S. strikes Iran. Will this be the start of a larger war or a nothingburger?
- Supertankers making a U-Turn. Super tankers are reversing course and not entering the Strait of Hormuz
- Trump says “Drill!” Trump has posted on X telling the DOE to drill, and then posts that they “better keep oil prices down.” Does he know a Hormuz closure is coming?
🤔 My Thoughts
Here we go! The markets just won’t be denied. I’m going to skip the review of what happened this weekend because we all know. But what I’m looking at are the tanker stocks. If the Strait of Hormuz closes, then tanker rates will go up. This will be good for profits of companies like:
$DHT, $STNG, $KEX, $CPLP, $INSW
Keep an eye out!
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These Stocks Could Be Days Away from Exploding!
Wall Street’s already positioning into some of this week’s biggest breakout opportunities — thanks to a predictable pattern most traders never even notice.
It’s called the Cash Calendar, and it just lit up green on a few tickers that could move fast once earnings drop.
Click to join Alex Reid is LIVE right now as he breaks down the exact setup!
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To Better Trading,
Alex Reid