Thought of the day: How many don't understand they own #cyclical equities? And the cycle peaked out in 2022 for 90% and contagion is the order of the day in 2023? #natgas #lumber #coal #oil #uranium #ironore #tin #nickel
#cyclical means you exit as the cycle matures .....that was 2022 if not 2021 for 80% of #commodities. Then 60% will experience a 55-75% fall in spot prices. Then one revisits in 2H 2023 or 2024 for reentry. If one holds through the cycle they don't understand what they own.
In short stupidity holds
#Natgas stocks post the $10 peak.....bottom < $2
#Coal stocks post the $450 plus ton peaks.....bottom < $130
#Natgas stocks post the $10 peak.....bottom < $2
#Coal stocks post the $450 plus ton peaks.....bottom < $130
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