Stewart Fitzell @defense_investor: "𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗮𝗻𝗱 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗨𝗽𝗱𝗮𝘁𝗲: 𝗢𝗶𝗹..."

Ireland

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗮𝗻𝗱 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗨𝗽𝗱𝗮𝘁𝗲: 𝗢𝗶𝗹 𝗦𝗵𝗼𝗰𝗸 𝗖𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗧𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 Energy markets opened the week with sharp volatility as the war between the United States / Israel and Iran escalated. Over the weekend Donald Trump called for Iran’s unconditional surrender, while Iranian leaders rejected negotiations. Oil reacted immediately when trading opened on Sunday night, briefly spiking toward $119 before pulling back as markets reacted to reports that the International Energy Agency and G7 governments are considering a coordinated release of strategic oil reserves if supply disruptions worsen. The last time this occurred was in 2022 following the Russian invasion of Ukraine, when reserves were released to stabilise global energy markets. However, disruption to flows through the Strait of Hormuz, which carries roughly 20% of global oil supply, means the potential shock could be larger than in 2022. 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗨𝗽𝗱𝗮𝘁𝗲 With the situation developing rapidly last week, I made tactical trades on Friday to reduce downside risk while positioning for higher oil prices. These included exposure to Brent crude oil ( $BRNT.L (WisdomTree Brent Crude Oil) ) and energy companies $SHEL.L (Shell PLC) , $BP.L (BP) , $XOM (Exxon-Mobil) and $CVX . I also increased the portfolio’s gold allocation and reopened a silver position as markets moved into a risk-off environment. I am also holding 14% portfolio value in cash ready to deploy. These trades are tactical and short term. I’m monitoring developments closely to decide when to exit these positions and rotate either into cash or back into equities. Some stocks are beginning to move into oversold territory, which may create opportunities to redeploy profits if markets pull back further this week. For now the key variable remains the duration of the disruption to global energy markets. Regards, Stewart ⚠️ Risk Warnings: Copy Trading does not amount to investment advice | Your capital is at risk | The value if your investments may go up or down. | Past performance is not indicative of future results.

Not investment advice. The author may have financial interests in the mentioned instruments.