ouch
Re: ouch
How low can sentiment get? Hard to objectively measure sentiment.
https://twitter.com/Josh_Young_1/status/1743398537260368365
According to this chart hedge funds are less long right now than the start of covid. Quite remarkable.
Maybe we need to see a few more big name oil bulls like Doomberg change their short term view to know we are at a bottom.
https://twitter.com/Josh_Young_1/status/1743398537260368365
According to this chart hedge funds are less long right now than the start of covid. Quite remarkable.
Maybe we need to see a few more big name oil bulls like Doomberg change their short term view to know we are at a bottom.
Re: ouch
Yeah I definitely remember a lot of negativity in the uranium space in 2022 and 2023. Everyone thought the 2021 surge was going to be the big one and many that bought the top were very angry. Now everyone wants in after everything has doubled. I am glad I was able to accumulate at the cheaper prices. Maybe we are entering an accumulation phase in oil names now? All the people who were “t bill and chill” the last two years at what point are they getting in?