Lizzy Burden

Oil is up $100 per barrel... Exxon Mobil, Chevron and Occidental are all in the green. The closure of the Strait of Hormuz and subsequent production cuts by Middle Eastern nations are creating a historic supply shock. US-based energy producers will capture massive margin expansion from triple-digit crude prices without facing the geopolitical production and shipping risks of OPEC nations. LONG A sudden diplomatic resolution or massive coordinated SPR release could rapidly deflate the geopolitical risk premium in crude prices.

Novo Nordisk agreeing to sell its drugs [on the Hims platform]... Traders are looking optimistic that it will [get over the line]. Securing a partnership to sell highly coveted, branded GLP-1 weight-loss drugs directly addresses previous supply and copycat concerns, providing a massive catalyst for user acquisition, retention, and revenue growth for the telehealth platform. LONG Regulatory scrutiny over telehealth prescriptions or supply chain bottlenecks from Novo Nordisk could hinder the rollout.

Oil is up $100 per barrel... Exxon Mobil, Chevron and Occidental are all in the green. The closure of the Strait of Hormuz and subsequent production cuts by Middle Eastern nations are creating a historic supply shock. US-based energy producers will capture massive margin expansion from triple-digit crude prices without facing the geopolitical production and shipping risks of OPEC nations. LONG A sudden diplomatic resolution or massive coordinated SPR release could rapidly deflate the geopolitical risk premium in crude prices.

Oil is up $100 per barrel... Exxon Mobil, Chevron and Occidental are all in the green. The closure of the Strait of Hormuz and subsequent production cuts by Middle Eastern nations are creating a historic supply shock. US-based energy producers will capture massive margin expansion from triple-digit crude prices without facing the geopolitical production and shipping risks of OPEC nations. LONG A sudden diplomatic resolution or massive coordinated SPR release could rapidly deflate the geopolitical risk premium in crude prices.

The UK Chancellor has a £22bn windfall and will slash Gilt issuance to the lowest level in three years. Reduced supply of government bonds (Gilts) naturally supports their price and suppresses yields. Fiscal stability combined with lower issuance is generally supportive of the domestic currency (GBP) relative to economies with blowing-out deficits. LONG British Pound (FXB) or UK Equities (EWU) on fiscal stability. The energy shock (UK is an energy importer) outweighs the fiscal benefit.

Netflix's bid for Warner Bros is facing intense scrutiny and potential blocking. If the Netflix deal fails due to regulatory/political pressure, Paramount's (PARA) rival bid for Warner Bros becomes the leading alternative. LONG Paramount (PARA) as an arbitrage play on the Netflix deal failure. Warner Bros decides to stay independent or finds a third suitor; Paramount's own financials deteriorate.