Port Strikes, Apple's Weak Demand And War In The Middle East
Added 2024-10-02 12:53:49 +0000 UTC0:00 Intro
0:47 The Wind: Port Strikes
2:00 The Wind: Apple's Weak Demand
3:10 The Wind: Israel vs. Iran
7:35 Morning Brief: Day Trading The Gaps
10:15 Nasdaq: Back To Trend
Comments
It has less to do with oil production than it does with transport. The Straights of Hormuz represent a natural shipping chokepoint for the Persian Gulf, just as Bab-el-Mandeb strait is a chokepoint for the Red Sea. Iran has already been documented as hitting oil tankers and oil terminals in 1987 with Chinese made Silkworm missiles. UAE and Saudi Arabia are on the Persian Gulf side of the straights, so if they can't get their oil out because Iran is shooting down their tankers, then it doesn't matter how much oil they produce. This is why the oil market reacted this morning to the news of hostilities.
J Hamilton
2024-10-02 21:51:46 +0000 UTCHello Maverick, I hope all is well with you and this message finds you happy and healthy. Keep up the great work , love you, brother. Happy and profitable trading you all!
Ryan Botiller
2024-10-02 17:12:16 +0000 UTCThank you
Thomas White
2024-10-02 16:13:10 +0000 UTCLiar. Iran produces 3 million barrels a day. Saudi producers make 11 million barrels a day. The USA makes 12.3 million barrels a day. That would make Iran nothing. The uae production is at 7 million barrels per day. You don’t know shit about the oil market.
Anthony Young
2024-10-02 15:45:15 +0000 UTCThanks Mav. 🙋♀️
Llama Mama
2024-10-02 15:04:28 +0000 UTCMav!!!
Stavros Deriziotis
2024-10-02 14:36:27 +0000 UTCmeh…
Tony Crabtree
2024-10-02 13:49:35 +0000 UTCthanks Mav
Aaron
2024-10-02 13:33:03 +0000 UTCThe cuisinart is beginning to spin up . . . don't get your fingers caught in there folks. Be well, Mav.
DrRussphd
2024-10-02 13:22:19 +0000 UTCthanks 4 the NQ analysis MAv, feel better
J
2024-10-02 13:21:12 +0000 UTCAlways appreciate you Mav.
RM
2024-10-02 13:08:42 +0000 UTC
