Quote (dro94 @ Sep 30 2024 04:33pm)
China can be short term, as with HK. Have you seen the gains in the past week? lol
Another area I've been thinking of is in the export of LNG. If there is further turmoil in the Middle East with LNG deliveries being held up and rerouted through costlier trade routes, then the wholesale price will skyrocket. I don't think the same really applies to oil because forecasted production is expected to overshoot demand in 2025.
Yeah true China has been seriously impressive
I have such a small position in bidu, that’s my only Chinese position but honestly I think I’m just gonna get rid of it on this bounce
I have played BOIL a few times but I feel like with nat gas u have to be in and out. I think I’ve missed the move