Crude is screwed, man.

Maverick74 said:
No. You specifically made reference to "daytrader" and made the comment daytrader bulls (is there such a thing?) are getting hurt. I don't even know what that is. I then followed that up with aren't daytraders by definition agnostic? Meaning they go "long" and "short" at their will and "don't" have a specific bull or bear mindset.
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Ahh, I see the confusion. It is when I typed this...

"Hasn't been a good business-day trading week for the CL bulls. Hmm."

I see how that can be confused with "daytrading". What I meant was, that the past week of trading, in terms of business days, had not been good for the bulls. The previous trading week, comprised of business days, had not been good. I was referring to the period from March 7th to yesterday, March 14th. It is a trading week, in business days.

That was all my fault, I worded badly my intent. A calendar week is not the same as a trading week, so I used "business-days" as a way to mean a trading week. I see my mistake there. I will endeavor to be more clear next time.

I just love using hyphens. :-\
 
I saw this a week or so ago on TWITTER from Javier Blas.

Not only is the U.S. exporting crude oil, but that means less oil to be purchased from overseas.......and......if we are selling overseas, then that means the traditional sellers like the Middle East, Indonesia, Venezuela, Mexico, Russia are losing market share.

C5XmQBnUEAAKPf5.jpg
 
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