$NIO deserves a lot more attention at current levels. The setup here is looking extremely compelling, and fundamentals seem utterly strong. Wave 2 should bottom very soon, and wave 3 should take us up above $12. The stock seems massively undervalued, trading at 0.5x P/S. Revenue is expected to grow 52% YoY. High Oilprices are a huge tailwind, as demand for EV's spiked masively, especially in europe. Meanwhile their ADAS is now on track with $TSLA and $XPEV. Additionally their EV lineup is looking very strong recently. There's a reason the USA has 100% tariffs + Hardware ban on chinese cars.

Oil prices fell below $90 a barrel on Tuesday for the first time since August, after US President Donald Trump said that renewed US attacks on Iran were 'highly unlikely'

Oil Prices Fall as Hopes Grow for Middle East De-Escalation Oil prices declined as markets reacted to signs of renewed diplomatic efforts to reduce tensions in the Middle East. Brent crude fell below $98 per barrel after rising nearly 4% in the previous session, while US benchmark WTI traded around $90. Prices remain highly volatile amid uncertainty over the conflict and its impact on global oil supplies. Hopes for a diplomatic breakthrough increased after Qatar’s Emir discussed de-escalation efforts with US President Donald Trump. Iran is reportedly reviewing proposals from mediators regarding its nuclear programme, but significant disagreements remain. Tehran is demanding the removal of the US naval blockade, sanctions relief and the release of frozen assets before fully reopening the Strait of Hormuz, a critical route for global oil shipments.

Oil prices rose Friday as investors weighed the risk of renewed military escalation between the U.S. and Iran following the midterm elections, alongside prospects for a diplomatic breakthrough. Brent crude futures climbed 1.67% to $99.90 per barrel, while WTI futures gained 1.43% to $91.69 per barrel. The moves came as investors assessed whether the conclusion of the U.S. midterm elections could pave the way for renewed actions against Iran, further threatening oil supplies from the Middle East:

Oil prices have fallen sharply this week off the back of a US midterms defeat for the Republicans, which Vice President JD Vance has blamed on the Iran War. Reuters Morning Bid host Mike Dolan explains