Thursday, June 8, 2023

Two Decades Waiting For WTI To "Break Out" -- June 8, 2023

Locator: 44881WTI.
Locator: 44881MKT.

The Great Reset: March, 2023.

Despite being in / being near a recession. Link here

If you don't feel we're in a bull market, it might be because you're overweight in oil. 


Oil: "utilities" or "cigarette companies" -- 

  • either way, lousy investments going forward;
  • do not take that out of context; 
  • will still generate huge returns for pros and nimble traders, but for amateur investors, other areas much more exciting 
  • phasedown inevitable
  • re-arranging chairs on the Titanic

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