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Energy stocks surge, should we still chase after them? | What is the large cap market waiting for during the fluctuations?

1. The energy sector is booming across the board, even the long-overlooked INDO junk stock has skyrocketed, proving that oil stocks are the focus of the entire market. We recently had a good return on our ambush of oil stocks today, although the upward trend channel is very beautiful, I almost took profits on my energy stock positions today, the most explosive move has ended, and next should be a gentle upward trend, to see if there is an opportunity for a pullback to make some spreads.
2. The index has been hovering in place for a few days, I have also closed out my long position on the large cap from yesterday, it's a situation where we can go in or out, I can't see where it's going, so holding cash is the safest. Let's wait a bit, wait for a clear direction out of the trendlines before re-entering the market.
3. Powell will speak on Friday, I think it could be a turning point, with inflation so high, even the most dovish Fed chairman has turned hawkish, Powell has no reason to speak softly. Using consolidation as a benchmark, if there is an increase on Wednesday and Thursday, I will strategically prepare some short positions. If Wednesday and Thursday are consolidating, then it's an opportunity to buy QQQ straddles. If there is a direct drop, then don't hesitate, it's time to sell off.
4. Now the account only has a little AAPL short options and XOM call options left, everything else is cash. Along with the surge in energy stocks, the account 0.025 million is now 0.076 million today. The video shared some more trading points and details of this 0.025 million showcase account, please take a look, there are too many trolls, it's necessary to clarify.
Energy stocks surge, should we still chase after them? | What is the large cap market waiting for during the fluctuations?
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