Oil: Time to stay out?
Yesterday, I posted an idea, pointing that from a weekly point of view, a small correction was needed.
The market today, found us with a big surprise (almost +3%), thanks to unanticipated actions took by Trump.
Geopolitical risks have increased and I do not think that anyone can anticipate the actions from now on.
Oil obviously will remain "hot" for the next period in time, however, in our limited capacity to "control" or "predict" further actions, would it be a solid decision to remain out of the oil market?
Happy New Year to all and every success in 2020.
The market today, found us with a big surprise (almost +3%), thanks to unanticipated actions took by Trump.
Geopolitical risks have increased and I do not think that anyone can anticipate the actions from now on.
Oil obviously will remain "hot" for the next period in time, however, in our limited capacity to "control" or "predict" further actions, would it be a solid decision to remain out of the oil market?
Happy New Year to all and every success in 2020.
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