Oil Bear has to factor into this equation as well... which we have...
Can’t believe the spread on Brent vs WTI. I am thinking of going long WTI and shorting Brent for some good old mean reversion.
Oil Bear has to factor into this equation as well... which we have...
Can’t believe the spread on Brent vs WTI. I am thinking of going long WTI and shorting Brent for some good old mean reversion.
A little Convergence Arbitrage ala LTCM ... You are a true capitalist! I like it!
In order for there to be more significant pullback or a bear market, we would have to see Gold on a bull tear. ----And right now, there is no evidence of rush to safety.
Oil Bear has to factor into this equation as well... which we have...
Overnight could get interesting
I haven't been long for a while. I look to be a buyer soon.I guess the 30% monthly drop in crude oil was also a nice little pullback.
Oil prices do not have correlation to ESOil Bear has to factor into this equation as well... which we have...
By the way - @volente_00 :
Any predictions on volatility?
I would very much like this volatility to stick for a while. I assume most other day traders agree.