ok maybe lotta ppl noticing this but this guy joe has been pointing out a lot of breakouts and potential breakouts on commodity stocks

https://www.youtube.com/watch?v=-Iurglvtx-Y&ab_channel=Joe%27sInvestmentExpress


i havent bought any of the coal stocks he talks about in the video about but i did buy IPI - a fertilizer stock that is going insane rn


with the world tyrn to screw each other in energy...commodities could only be getting started


or they could dump tomorrow

The big runs happening in oil and gas stocks right now are more akin to a pyramid scheme / pump and dump than anything else, like let's be real, infinitely dilutive companies like Top Ships and Camber Energy are not going to be doing any better business, but sure they're up a lot from their lows. Also see MARPS, INDO, basically anything trending on StockTwits is a hard avoid lol

And yeah anyone holding calls, even leaps, can get wiped out at a moment's notice on a -5% day just because of bonkers premiums

This post was edited by CheatEngine on Mar 7 2022 04:51pm

lol they are behaving a lot like crypto arent they

however some people are sayin this is the START of a 4-5 year+ long bull run for oil and other commodities...take gold for example...its pretty much been consolidating for over 10 years

im not saying to go 100% commodities but it is something to not forget about at the very least haha

just dont buy shit oil companies and you'll be fine in the next year or so

I invested in GTE at 23 cents in which has now climbed to over 1.56 per share. To the moon on this one for sure. Oil company that's doing well capitalizing it's gains on inflation market. So why not cut your piece of the pie?