Should I jump in now with the news coming from the hormuz situation?
I’ve been watching oil pretty closely the past few days, especially with all the headlines around the Strait of Hormuz and potential supply disruptions. Debating whether I want to drop a few thousand in before it takes off again to $140 a barrel It feels like the market is starting to price in a worst-case scenario, and some WTI-linked stocks have already begun moving.
At the same time, there’s a lot of conflicting information coming out, and I’m not sure how much of the narrative is accurate vs. politically driven noise. Some sources are downplaying the risk, others are suggesting things could escalate quickly. That uncertainty makes it hard to tell whether this is the beginning of a larger move or if we’re already near a short-term top driven by hype.
For those of you who have traded energy or geopolitical events before:
Is this the kind of situation where momentum typically continues, or does it fade once the initial news spike passes?
Are you looking at majors (XOM, CVX), upstream plays, or more leveraged smaller caps for this type of move?
I’m trying to figure out whether this is a legitimate opportunity or just FOMO kicking in after the initial run.
Appreciate any insight from people who’ve navigated it thus far