Short Oil May be Imminent
Unless major political shifts happen, shorting oil may be a good idea.
It's had a recent high at $75, and an April 2020 low of $4.15.
That leaves a lot of room to short. It's had a fantastic run upwards for this year.
Additional stimulus and COVID relief checks are not coming.
True unemployment levels range around 20%-40%, with many not reporting job loss and even 30-50-year-olds living at home with aging Mom and Dad.
That's not me...I have to make money...let's do this. FYI, this is not financial advice, follow your own advising but socially share ideas.
What oil stocks do you prefer? Please comment and share your ideas below.
It's had a recent high at $75, and an April 2020 low of $4.15.
That leaves a lot of room to short. It's had a fantastic run upwards for this year.
Additional stimulus and COVID relief checks are not coming.
True unemployment levels range around 20%-40%, with many not reporting job loss and even 30-50-year-olds living at home with aging Mom and Dad.
That's not me...I have to make money...let's do this. FYI, this is not financial advice, follow your own advising but socially share ideas.
What oil stocks do you prefer? Please comment and share your ideas below.
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