"1011 Insider Whale" agent: Suggests reducing stock exposure recently but remains bullish on crude oil

Odaily reported that Garrett Jin, the agent of "1011 Insider Whale," stated that the closure of the Strait of Hormuz has entered its 16th day. Since February 27, oil prices have risen by approximately 45%, with Brent crude oil prices exceeding $103, and there are still no signs of a ceasefire. The Strategic Petroleum Reserve (SPR) may only be able to compensate for about 12% to 15% of the supply gap. The recommended trading strategy in the near term is to go long on crude oil and reduce equity exposure, especially assets in energy net-importing economies such as Japan, South Korea, and Europe. Meanwhile, as interest rates, the US dollar, and oil prices rise simultaneously, overall market liquidity is tightening. Investors should maintain cash positions, shorten duration, and remain vigilant.