Gotta love ZERO RISK in the SP500 = $$$

recession2016 said:
crude oil is near the bottom of a long term wedge

i went long CL here, if crude bounces so will ES
More...

looks like Saudi will keep pumping until they see some serious BK, shakeout, defaults.. etc in the US shale/deep water drilling industry.

surprised no real consolidation there has happened yet? I think thats what everyone is waiting for at this point....including crude traders, crude prices, opec members, bond market...

similar in the UK with miners....market looking for consolidation/shakeouts to finally take place

this all may hang over the markets for a while
 
Last edited:
Pricechange said:
looks like Saudi will keep pumping until they see some serious BK, shakeout, defaults.. etc in the US shale/deep water drilling industry.

surprised no real consolidation there has happened yet? I think thats what everyone is waiting for at this point....including crude traders, crude prices, opec members, bond market...

similar in the UK with miners....market looking for consolidation/shakeouts to finally take place

this all may hang over the markets for a while
More...

that's all noise

some short covering is going to happen soon, it's not going to just fall straight into 20s
 
You must log in or register to reply here.
Back
Top