This feeding frenzy in energy ETFs means that the more people who buy, the more the price goes up. It’s hard to know where the speculation on rising prices ends and natural demand begins.
But if you look throughout history, whenever there’s been a major bull trend, people will inevitably say it’s a bubble. That may very well be the case with oil, too. But it could also go up another 50%-100% before that happens.
Don’t fight the trend. But have your stop loss in place if the bubble does burst.
Other funds that trade energy futures are:
