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0 pointstomc19855y ago0 comments

Idunno, my oil ETF shares are still up 40% from March so.....

OIL closing was bullshit, though

0 comments

It’s hard to find an equity that’s not up 40% since March lol —- the S&P is up 43% so that’s technically, shockingly a market underperform, and a bunch of tech companies are up 200% or more.

tomc1985OP5y ago

Yeah, though my outlook on oil is longer-term than current market trends. Don't worry I loaded up on tech stocks too

arcticbull5y ago

I'm long oil too. There were a lot of great deals to be had back in March.

arawde5y ago

That's what you get with an ETF consisting of futures contracts...

j / k navigate · click thread line to collapse

0 pointstomc19855y ago0 comments

Idunno, my oil ETF shares are still up 40% from March so.....

OIL closing was bullshit, though

0 comments

arcticbull5y ago

It’s hard to find an equity that’s not up 40% since March lol —- the S&P is up 43% so that’s technically, shockingly a market underperform, and a bunch of tech companies are up 200% or more.

tomc1985OP5y ago

Yeah, though my outlook on oil is longer-term than current market trends. Don't worry I loaded up on tech stocks too

arcticbull5y ago

I'm long oil too. There were a lot of great deals to be had back in March.

arawde5y ago

That's what you get with an ETF consisting of futures contracts...

j / k navigate · click thread line to collapse