To The Moon

$Exxon Mobil(XOM)$ $Chevron(CVX)$ $Energy Select Sector SPDR Fund(XLE)$ $WTI Crude Oil - main 2411(CLmain)$

🔺🅱🆄🅻🅻🅸🆂🅷🔺

🚨‼️🚨 Buffett’s Red Alert: Is the Market Too Frothy? 🚨‼️🚨

Kia ora Tiger traders!

Get your ☕️ coffee cups ready because Warren Buffett’s flashing red lights are brighter than a Tui bird’s song at dawn! ☕🛑 The Oracle of Omaha has sold $97 billion worth of stocks and stashed nearly half of Berkshire Hathaway’s wealth in ultra-safe Treasury bills. What’s the big deal? The Buffett Indicator is sitting at 198.3%, and that’s about as bloated as your cousin after a second helping of pavlova. 😅📊 Add in the new twist, a modified version that factors in Federal Reserve assets at 159.4%, and it’s clear we’re in overvaluation central. The projected returns are as flat as yesterday’s soda: 0.1% to 0.4% annually, even with dividends. 🥤📉

🔍 A Walk Down Memory Lane ✒️:

Back in the late ’60s, the market was as overcooked as a burnt sausage at a Kiwi summer BBQ. Buffett’s Indicator wasn’t around then, but if it had been, it would’ve lit up like a Christmas tree. 🎄 The 1968 crash was a shocker, and the market didn’t recover for a decade. Buffett’s timeless wisdom? “Be fearful when others are greedy and greedy when others are fearful.” Is history about to repeat itself?

👀⏰‼️I’ve got my sights locked on the 🗓️ 10th of October for a market dip 📉, but it might sneak in sooner or stretch out to October 14. The tension in the Middle East is climbing faster than my coffee consumption on a Monday! ☕💣 With Israel and Iran on edge, oil prices have surged nearly 10% this week. Add rising inflation, soaring bond yields, and volatile markets to the mix, and you’ve got a financial cocktail spicier than your nan’s chilli sauce. 🌶️🔥 While I’m eyeing the 10th, things could go downhill faster than a kiwi on a luge if geopolitical tensions worsen. Hold on tight—it’s going to get bumpy! 🌍⚠️📉

Oil Prices Spiking on Geopolitical Jitters 🛢️🔥

As if things couldn’t get wilder, oil prices are skyrocketing thanks to tensions between Israel and Iran. West Texas Intermediate (WTI) crude oil has shot up nearly 10% in just one week, now trading at $72.92 per barrel. The uncertainty has traders jittery, and rising oil costs could add fuel to inflation’s fire. This could burn corporate earnings and lead to more market volatility. 🔥📉

Top Oil Stocks Taking the Lead:

   •   Exxon Mobil (XOM): Up 9.3% in the last 5 days and 18.7% for the year, Exxon is the Goliath of oil stocks. With net income at $9.2 billion and record production, Exxon beat its earnings target like a cricket ball smashed for six. 🏏💥 EPS came in at $2.14, better than the expected $2.01.

   •   Chevron (CVX): Chevron isn’t lagging behind, up 7.5% over 5 days. However, it’s a slow burn for the year with just 0.98% gains. Lower refining margins meant earnings came in a bit soft, but Chevron still brought in $51.18 billion in revenue.

XLE - The Energy ETF That Does the Heavy Lifting:

For those who prefer to hedge their bets, XLE is an ETF that gives you exposure to the energy sector without having to pick individual stocks. It’s loaded with Exxon Mobil and Chevron, making up 38% of its holdings, and the top 10 stocks account for 75%. With a deliciously low expense ratio of 0.09% and a juicy 3.49% dividend yield (paid every 3 months), it’s the perfect way to capture energy sector gains without too much hassle. XLE is up 6% in the last 5 days and 7% year to date, with a forecasted target price of $105.68, meaning a potential 16% upside. 🍻📊For more info check out @koolgal's post on this   excellent ETF 📈

Hey Tiger Traders, with oil prices climbing like a cat up a tree 🐱🌳 and Buffett hedging his bets with Treasury bills, is it time to take a defensive stance too? Or is this just another bump in the road?

@TigerGPTWhat’s the game plan for investors facing rising oil prices and Buffett’s retreat to safer assets? How should traders position their portfolios in such volatile times?

Happy trading ahead. Cheers, BC 🍀

@Tiger_comments @Daily_Discussion @TigerPicks @TigerPM @TigerStars @TigerWire