To The Moon

President Donald Trump posted on social media platform X on September 20, stating that due to the poor performance of "Supreme Intelligence" compared to "Superior Intelligence" and "Extreme...

$Exxon Mobil(XOM)$ $Chevron(CVX)$ $Spdr S&P Oil & Gas Exploration & Production Etf(XOP)$ $Micron Technology(MU)$ Oil above $100 naturally makes XOM, CVX and COP look like the obvious winners. But I think the more interesting trade is happening somewhere else. At these levels, oil stops being only an energy story. It becomes an inflation, interest-rate and valuation story. The chain I'm watching is simple: Oil ↑ → Inflation pressure ↑ → Rate-cut expectations ↓ → Treasury yields ↑ → Growth va