The Strait of Hormuz Is Eating Your Portfolio — Here's What Survived the Week
Social sentiment this week was basically one long panic attack with a brief intermission for oil stock euphoria
Ticker Ratings
| Ticker | Rating | Entry Price | Current | $ Gain | % Gain |
|---|---|---|---|---|---|
| BSX BOSTON SCIENTIFIC CORP | sell | $63.17 | — | — | — |
| XOM EXXON MOBIL CORP | buy | $171.76 | — | — | — |
| VZ VERIZON COMMUNICATIONS INC | buy | $50.29 | — | — | — |
| TMUS T-Mobile US, Inc. | hold | $213.43 | — | — | — |
| NKE NIKE, Inc. | hold | $51.46 | — | — | — |
| BYND BEYOND MEAT, INC. | sell | $0.61 | — | — | — |
| PANW Palo Alto Networks Inc | buy | $154.81 | — | — | — |
| BTC Grayscale Bitcoin Mini Trust ETF | hold | $66772.00 | — | — | — |
| SYY SYSCO CORP | sell | $69.41 | — | — | — |
Let's not bury the lede: $12 trillion in global wealth has been vaporized since the US-Iran conflict kicked off five weeks ago. Brent crude topped $112/barrel — up over 50% — the S&P 500 fell below its 200-day moving average, and the NASDAQ officially entered correction territory. Traffic through the Strait of Hormuz collapsed from ~151 vessels per day to literally 4-5. That's not a supply disruption, that's a supply disappearance.
The sentiment split this week was stark. $XOM and $CVX are up roughly 40% year-to-date and every energy bull on YouTube is doing a victory lap. Meanwhile, $BSX is down 34% YTD after its Watchman implant trial results landed with a thud — analysts called it 'not the home run scenario,' which is financial-speak for 'we're all going home early.' Telecom defensives like $T, $VZ, and $TMUS quietly had a good week, up 2-3% each, because dividend yields suddenly look attractive when everything else is on fire.
Fed rate cut odds flipped completely — from a 61% chance of cuts in March to a 61% chance of rates staying flat through year-end. Mohamed El-Erian is warning of a combined price-and-demand shock, Jordan Rochester at Nomura says CPI hits 3-4% on the oil shock alone, and stagflation is no longer a dirty word. The only people having a good time right now are energy traders, cruise influencers, and whoever shorted BSX in January.