Alex

pulling an all nighter for a flight in 6 hours… should i try to sleep or just stay awake 🫩

There has been 2 times in history where $oil has traded above $120 per barrel -months before the 2008 Global Financial Crisis - 2020 Covid pandemic Both times prices crashed over 50% within a couple months Another generational trade opportunity is here with the current Iran-USA conflict driving prices to unrealistic and non-sustainable levels once again High oil prices are self-defeating, once you push into the $120+ range, you’re compressing demand and stressing the economy. Unlike equities, oil isn’t designed to compound higher, it’s an input cost, and when it gets too expensive, it kills its own demand. I will be positioning myself accordingly, no need to rush with max leverage. The opportunity will be obvious in hindsight