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Hormuz fuels Strenght in Energy stocks, Technology picking up again

'2026-07-10'
Now Playing Hormuz fuels Strenght in Energy stocks, Technology picking up again

Interesting Sector Strenght Confuguration:

sector_strenght While during the corrective phase, since the ides of June, Defensives where dominating, now we see an unusual pickup by two sectors which are untypical to correlate: Technology and Energy. While it seems that Strait of Hormuz is closed, voices become louder stating that it will not open again throughout 2026…

The biggest enigma in this context is the Oil price itself: crude After a shart rise starting before the most recent escalation (Insider trading once again?), now it has resumed its downtrend. And this in the context of historical low Crude Inventories combined with a demand outlook in sharp rise crude_inventories

Who or what is oil prices driving down? However, Energy stocks are on the rise again and exhibit statistically good buying-patterns

darkpool_tech

Darkpool Flows into Technology

Yesterdays massive Darkpool Inflows in Tehnology , combined with an extreme amount of bullish patterns in Tech-stocks, signals optimism ahead of the upcoming Earnings Season for Software leading over Semiconductors currently tech_industries

Technology - Intra Sector Strenght