$MRO, $COP, and $RDSA are printing — but the real Strait of Hormuz trade everyone's sleeping on is $OURA
With WTI at $97 and the Strait of Hormuz still shut, social sentiment is split between panic-selling and YOLO-buying. As usual.
Let's set the scene: WTI crude is at $97/barrel, Brent briefly kissed $100, Iran's new Supreme Leader is treating the Strait of Hormuz like his personal toll booth, and the Dow dropped 739 points in a single session. CNBC's Jim Cramer is telling retail investors to 'sit on their hands,' which — based on Reddit's reaction — is basically a bat signal to do the opposite.
The three tickers dominating social chatter right now are $MRO, $COP, and $PLTR — and the narratives couldn't be more different. YouTube finance is screaming energy plays as Iran's Strait closure chokes ~20% of global LNG supply (shoutout to Qatar's now-offline infrastructure). Reddit's r/wallstreetbets is less interested in geopolitics and more focused on $PLTR, which somehow gained ~1.25% on a bloodbath day after announcing an Nvidia defense AI partnership — a flex so audacious even the bears tipped their hats. Meanwhile X/Twitter is convinced $COP is the cleanest way to ride $200 oil scenarios that Goldman Sachs apparently isn't ruling out.
The Pentagon spending $11.3 billion in six days while simultaneously running low on air defense missiles is the kind of macro backdrop that makes 'sit on your hands' feel less like advice and more like a personality trait.