💬New thread from Philoinvestor

Iranian Supreme Leader Mojtaba Khamenei sends a message of peace towards the countries of the Gulf - but signals war readiness at the same time. 

Crude sells off at prior resistance and the Economist comes out BULLISH Oil...

The United Arab Emirates leave OPEC. (Article to drop by end of trading week on the dynamics and possible effects of this move) 

Could this piece from last year be eventually playing out as the UAE signals the need to produce MORE? https://www.philoinvestor.com/blog/opec-infighting/

Btw, $105 - $115 is not a level the West needs right now, and Trump is stuck between the midterms, inflationary pressures and holding markets together. 

Japanese FinMin warned of FX intervention as the USD/JPY crossed 160 confidently while Crude prices are pushing inflationary pressures on Japan.

The pair swiftly dumped 3 figures!  

Japan is short energy, and an energy crisis as the Yen is fading is the worst thing that could happen. (Crude becomes more expensive)

This is one of the reasons I previously signalled Takaichi could be soon cornered… Her Abenomics-style push to save Japan was just fireworks and nothing of substance. Ultimately, the outcome will depend on energy markets, the war re-starting or fading, the Japanese economy and the USD/JPY. 

The crystal ball is fuzzy, but it’s still working! 🔮

Philoinvestors know I’ve been short USD/JPY around the 159 - 160 level. 

I saw the green candle yesterday at around 160.5 and thought: intervention soon. Next day and here we are. Note that the pair is now finding support at the Weekly 30MA. 

GOOG came out with blowout results yesterday and is up 7% while META is down 7% after their own results signalling EVEN more Capex. You know my views on Mark… 

Working on a Part of Zooming out on AI as Semis break out, and demand for infrastructure seemingly has no end. I guess we’ll see about that and how everyone will be caught off guard. This is an historical time in markets and will be referenced 20 years from now.

Look out for the piece. 

In Part 1 we touched on the Google Complex and the non-Google complex. Note that AMZN and GOOG investments into Anthropic and the OpenAI - Microsoft divorce are part of the game theory we explained. https://www.philoinvestor.com/blog/zooming-out-on-ai-part-1/