Key insights
- The author criticizes retail traders for overreacting to news about oil infrastructure damage and the potential for $200 oil. They suggest that retail investors are easily swayed by sensationalist headlines and fail to understand the complexities of oil futures markets, leading to losses. This implies a bearish sentiment towards oil prices in the short term, driven by a correction of overblown fears.
Just like the tariff chaos last year, this sub has become and multi-generational international expert on the topic at hand; Hormuz.
I thought $200 oil was going to be the new normal? What about all those headlines about oil infrastructure being damaged beyond a 5 year repair?
Weird. Almost like it was all fake news media looking for clicks to be perpetuated amongst retail traders who think they know more than the 100 year institutions that determine oil futures. And, as per every market risk, 90% of traders here took the bait.
Next week you'll all be saying how you knew it was temporary. Wait...next week? No, by noon tomorrow. Just like with covid, just like with tariffs. And you'll never learn and continue to get bilked and milked by level-headed reasonable people.