The creator reduced his position in MicroStrategy (MSTR) due to a quick retracement, but sees potential for further gains if it retraces again and BTC also retraces.
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WATCH THIS BEFORE OIL PRICES COLLAPSE...
The creator discusses the potential impact of the Iran war ending on oil prices and airline stocks. He suggests shorting oil ETFs like USO or going long on inverse ETFs like SCO if the war is indeed over, as oil prices are expected to drop. Conversely, he sees potential in airline stocks like American Airlines and Southwest, which have been negatively impacted by high oil prices, as they could recover if oil prices fall. He also mentions a short position on MSTR, influenced by potential Bitcoin retracement.
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Southwest Airlines is considered a good long-term investment at current price levels, despite potential short-term volatility.
American Airlines could be a buy on the dip if oil prices are likely to drop, as lower oil costs would reduce their expenses.
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