ET
Current stance: Sell. Recent intraday price drift and low volume suggest low‑conviction profit taking rather than a new fundamental development. Watch volume and key technical levels for confirmation.
Recent proof-backed thesis calls
Recent calls focus on crypto- and macro-driven themes — including Coinbase earnings expectations, Bitcoin’s correlation with tech stocks, and quantum threats to crypto infrastructure — that informed a view to sell ET via an ET‑led basket due to accelerating fundamental pressure.
Commentary argues Qatar and the UAE are better positioned than in prior decades to withstand a potential Strait of Hormuz disruption, partly because of increased non-Hormuz flexibility (e.g., more US LNG export capacity) and higher recent revenues/investment at home. The piece implies a geopolitics-driven energy shock risk where US LNG and non-Gulf supply/logistics may be relative beneficiaries, while Hormuz-exposed crude/LNG flows and fuel-sensitive sectors face downside.
Three back-to-back conversations on markets and crypto infrastructure. At 12pm ET, Steve Ehrlich speaks with John Todaro about expectations for Coinbase earnings, Gemini’s strategic pivot, whether Bitcoin is being caught in the “anything but tech” trade, and whether miners like CLSK, WULF, and CORZ deserve a re-rating. They’ll also touch on how CLARITY could affect Circle. At 12:45pm ET, Steve sits down with Zach Pandl of Grayscale to discuss his chart showing Bitcoin trading in lockstep with te
Latest market-close explanation
Research note: Price drifted slightly lower (-0.85%) on ~9.5% lighter volume with no company news, suggesting low-conviction profit-taking. Key things to watch: natural gas/crude moves, weather and pipeline flow data, corporate announcements (distributions, earnings, FERC/regulatory items, M&A), and whether downside volume increases or a recovery above today’s high (~$19.06) on rising volume confirms range continuation. Near-term support ~ $18.50; resistance ~$19.00–19.10.
No market-close explanation is available for `ET` on 2026-07-24 because usable price history was not available. Reason: no_market_data.
Current stance
Recommendation: sell. The sell call is based on a view that fundamental acceleration pressures the ET-led basket (confidence 0.60). The immediate price action showed a slight decline (~-0.85%) on lighter volume, consistent with low-conviction selling or passive rebalancing.
- sell via Fundamental acceleration pressures ET-led basket from https://www.youtube.com/channel/UCWiiMnsnw5Isc2PP1to9nNw (confidence 0.60)
- buy via Tactical long US LNG exporters on Hormuz-risk premium + supply-security narrative from https://www.youtube.com/channel/UCIALMKvObZNtJ6AmdCLP7Lg (confidence 0.55)
Top authors on this asset
Active and historical ticker theses
Active play: "Coinbase Earnings, Bitcoin vs Tech, and Crypto’s Quantum Threat" — thesis: Fundamental acceleration pressures ET-led basket. The episode includes three back-to-back conversations on markets and crypto infrastructure featuring guests from Coinbase, Grayscale, Ethereum research, and academic experts.
Unlock full asset monitoring
Monitor macro energy drivers and corporate catalysts. If you want trade alerts or deeper strategy, check the linked episode and research sources for the ET-led basket rationale.