Jan. 8 at 3:58 PM
Really like oil and gas down here and such, took a nice slice in
$SM Trades around 3x earnings and sub 1 p/s. Too cheap to ignore.
Possible adversary risk to the energy markets and that risk has a focus specifically around oil and gas.
Aside from a hedge hold, oil and gas getting too cheap for production (US producers) and price control typically steps in as such.
FWIW, I also see oil being a standout star in the commodity show for 2026.
$120BBL been awhile.
$USO $UNG $BOIL $XLE