AI infrastructure bottlenecks may extend capex cycle
- $ACN still looks like a patience trade. The setup keeps flirting with a breakout, but the name has not given clean follow-through yet. Stay selective until the trigger actually hits. 1
📌 X Insight Update[x_fin] (2026/05/12 22:54)
- $XLE and $XOP have massively underperformed even with oil futures elevated for 70+ days. The tape appears to be pricing in demand destruction, a full Strait reopening, or regulatory action; absent those, the setup points to a delayed but sizable catch-up trade in oil equities.