Just want to share with you my idea. If you read my past post I'm in "safe area" because market is really extend.
For a quick reference I've crossed 3 graphs : Sp500 | Oil | Natural Gas
Let's compare 2018 with today. I strongly believe that 2018 is only a "small version" of the 2020-2021 Economical LunaParKovid Frenzy.
I was really surprise to discover that Natural Gas was Pumped at very start of market dump in 2018. Those pump (both today and 2018) are strictly related to beliefs on debate going on how natural gas is a “bridge fuel” that can help pave the way for the U.S. to reduce carbon emissions and renewable.
Main problem is the Dump after the "FOMO storm"! Storm in both sense : literal because IDA and Nicholas Hurricane push prices up. FOMO Storm because Fear of Missing Out take aboard all type of small retails looking for easy cash (and empty pockets at least).
However, the only thing I see now is only a FOMO. Stay alert this can finish worst than you can image. Doesn't matter if Cramer say....if Hurricane doing... if China making... We are in an high volatility market. Be careful, don't chase your dream, don't chase FOMO. Just use your brain.
This is not a financial advice. Only ideas. If you are happy with this post, please consider to donate something on my Paypal.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.