Oil surged above $100 per barrel today as the US blockade of Iranian ports entered its second week. FT reported North Sea crude hit record highs while Tehran maintained control over the Strait of Hormuz despite ceasefire agreements. Washington's extended deadline failed to stem the global energy crunch.
Commodity traders lost billions in early war days according to new findings. Firms normally profiting from volatility got caught by sudden price spikes. Carson Block warned AI disruption gives short sellers fresh momentum calling current conditions favorable for bearish bets.
A congressman filed purchases of BP stock last week following Iran strikes raising insider trading questions. The disclosure came as geopolitical uncertainty drove defensive energy positioning. Investors warned the Iran conflict will leave lasting scars on Wall Street with commodity prices and bond yields unlikely to normalize quickly.
ONCO Onconetix SI exploded 66 points to 119% in seven days marking the sharpest surge in US markets. Bears more than doubled positions on the micro cap biotech. ELAB PMGC Holdings added 55 points while CDT CDT Equity climbed 53 points showing concentrated short conviction.
CAR Avis Budget stayed most shorted at 87% unchanged carrying 12 days to cover. TNGX Tango Therapeutics held second despite soaring 70% quarterly.
GLRMK Gulermak CEO added $54.8M last week as Turkish construction grabbed attention. Vietnamese steel chief bought $34M in HPG Hoa Phat Group showing emerging market executive confidence despite volatility.
Chip testers dominated options flow. AEHR Aehr Test Systems led rankings up 249% yearly with RSI hitting 77 showing extreme momentum.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
