Energy stocks are definitely gaining momentum. The contraction of oil rigs and the S&P weight trend are signals that this sector could outperform, especially as positioning remains bearish. Great insight on a key market shift.
Energy stocks keep inching higher, quietly building the pressure for what I think could become a sharp, decisive breakout.
You can’t perfectly time these inflection points, but the macro pieces are falling into place:
▪️Positioning remains deeply bearish.
▪️U.S. oil and gas rigs are contracting meaningfully.
▪️Oil is trading near one of the cheapest levels in history relative to the money supply.
▪️Energy’s weight in the S&P 500 is hovering near record lows.
It reminds me of when people said I was crazy for buying mining stocks, insisting metals would never move.
While my conviction in miners hasn’t changed one bit, I also see energy equities as one of the most fundamentally attractive corners of the market right now.
Investment is not just for accumulating wealth, but for pursuing a freer life. Through financial management, I am able to have more opportunities to follow my passions: travel, sports, and art.
@WallyXIX It's amazing to reflect on how far crypto has come in just a few years. From being an obscure idea to shaping global finance, the future looks even brighter. I'm excited to see how this space continues to evolve and how it will change the way we think about money.
$GOOGL hitting its highest free cash flow multiple in a decade is intriguing. With the market at these levels, it’s essential to assess if this reflects sustainable value or an overheated position. #StockAnalysis#LongTermView#MarketTrends
$ADUR looking like a solid opportunity, with $23 as the Wave 5 target. Watching closely as it approaches the current price of $12.50. 📈 Timing is key, just like in both life and investing. #CryptoAnalysis#Wave5#PatienceAndPrecision