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BREAKING: G7 AGREES TO NOT SAVE THE OIL MARKET....

Ricky GutierrezMarch 9, 20269m
In a Nutshell

Markets sold off sharply after attacks on Iran and Venezuela refineries spiked Brent oil to $120/barrel and wiped $900B from US stocks, but recovered nearly to breakeven on G7 rumors of releasing reserves—only for G7 to agree against it, keeping oil bullish amid uncertainty (US oil at $99/barrel). LPP team profited shorting MSTR and inverse oil ETFs like MSTZ on the pullback, reentering shorts patiently. Key advice: stay calculated, avoid leverage in uncertainty, cash out when in doubt; join LPP live trading for $110 lifetime access.

AI-Generated Notes

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Ricky from Techwood Solutions discusses recent market movements. Markets aggressively sold off overnight, especially oil futures which hit highs of nearly $120 per barrel for Brent oil. NASDAQ was down 2.5% in Sunday's stock talk. Markets consolidated and showed support signs. After attacks on Venezuela and Iran, markets recover by Monday open. QQQ hit lows of 583. Markets are now nearly break even with an amazing recovery.

LPP Team Trades

LPP team took profits on shorts like MSTR (down 3-4%). Ricky reentered short on MSTR via MSTZ, bought the dip after it gapped down, took a small position, up $900 so far. Reversal is just starting. Emphasizes patience and intentional trading: when in doubt, cash out.

Panic from weekend attacks: huge refinery in Iran blown up, produces 20-30% of supply, limiting oil reserves while demand stays steady, causing prices to skyrocket. $900 billion wiped from US stock market initially, now nearly break even. US oil prices dropped to $99 per barrel.

President Trump: "oil prices will drop rapidly when the Iran nuclear threat is over. A very small price to pay."

Trump's tweet influenced markets despite personal disagreement with its power.

G7 considered releasing emergency oil reserves, causing market recovery and oil prices to drop below $100. United States Oil Fund gapped up then pulled back. However, G7 agreed not to release oil reserves just yet, per G7 official. Markets remain irrational and eager to recover; oil hasn't hit previous highs due to uncertainty.

Oil Watch List

Created watch list in LPP live trading for oil-correlated stocks (go up when oil rises) and inverse ETFs (up when oil falls). Overall direction still bullish for oil with uncertainty.

NASDAQ approaching old support now acting as resistance. Negative catalysts from Middle East attacks persist, impacting pump prices. Markets dropped due to Iran attacks, recovered on G7 reserves idea, but held back reserves—yet still pumping. Markets greedy, could see higher highs. Ask: are negative catalysts gone or better? If no, avoid aggressive buying.

Shorting oil too early; money made on correction from G7 idea via inverse ETF. Markets traded sideways past 2-3 months; hard to bet against. Advice:

  • Stay patient, calculated.
  • Take advantage of opportunities.
  • Don't use leverage in uncertainty.
  • When in doubt, cash out.

Live trading every morning at market open. Current sale: $110/day, one-time payment, lifetime access (members from 2018 still active). Second link in description to sign up.

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