Day 6 of the Winter Olympics surely delivered some emotional moments. Italian skier Federica Brignone staged a remarkable comeback, winning gold in the women’s super-G just weeks after returning from a serious leg injury that sidelined her for much of the previous year. Elsewhere, Australia’s Cooper Woods pulled off a stunning upset in men’s freestyle moguls, defeating Canada’s legendary Mikael Kingsbury on a tiebreaker.
A major controversy overshadowed the sliding events when Ukrainian skeleton athlete Vladyslav Heraskevych was excluded from competition after refusing to abandon his plan to wear a helmet honoring athletes killed since Russia’s invasion of Ukraine.
Later in the day, attention turned to Chloe Kim’s bid for a historic third consecutive women’s halfpipe snowboarding gold, the debut of NHL players in men’s hockey for the United States and Canada, and Italian short-track star Arianna Fontana chasing a record 13th Olympic medal.
Trade analysis
In this high-liquidity market prices fluctuate with daily medal hauls, injuries or sentiment spikes. The key edge is separating hype from indicators like remaining events (77 left of 116) and historical dominance.
Bullish (YES) signals for Norway:
- Sweeping early cross-country and biathlon golds
- Strong in upcoming Nordic combined and ski jumping
- Record 16 golds in 2022, favored in cold-weather sports
Bullish (YES) signals for US:
- Momentum in freestyle
- NHL boost in hockey, potential multi-golds
- Broad talent in snowboarding and alpine
A disciplined strategy is to fade hype-driven rallies, buying NO on surging underdogs like Italy during buzz peaks while holding YES on Norway post-key wins. Size positions conservatively as weather or upsets loom, then reassess after hockey and skating. Our base case is that Norway prevails this year.