The Ukraine/Russia thing was never gonna run long term.Oil selling off bigly.
If you are ahead of the curve, find another target. Dont play catchup. it rarely works out.Words of wisdom from a YouTuber I watch: "Never buy a stock that's already made a move".
Cool, now I'm only 2% down on it.GOOGL +5%
Lot of people jumped the gun and there’s volatility. Oil will probably stay on an upward trend long term with the war going on, but people also forgot we have some fucking huge stockpiles all over the place to ease these shocks. I’d be a lot more worried about it in Europe where they might actually run out sometime this year.Oil selling off bigly.
There are also very long term macros at play. Specifically for USO. I took a starter short yesterday. I will post chart and entry later when I’m done feeding the kiddo.Lot of people jumped the gun and there’s volatility. Oil will probably stay on an upward trend long term with the war going on, but people also forgot we have some fucking huge stockpiles all over the place to ease these shocks. I’d be a lot more worried about it in Europe where they might actually run out sometime this year.
Oil selling off bigly.
Lot of people jumped the gun and there’s volatility. Oil will probably stay on an upward trend long term with the war going on, but people also forgot we have some fucking huge stockpiles all over the place to ease these shocks. I’d be a lot more worried about it in Europe where they might actually run out sometime this year.
There are also very long term macros at play. Specifically for USO. I took a starter short yesterday. I will post chart and entry later when I’m done feeding the kiddo.