Yearly A up in SPX is 2362. I don't see anything stopping us from getting there.
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The ACD Method
- Thread starter sbrowne126
- Start date
Interesting interview with Robert Raymond on oil. I always enjoy listening to his analysis.
Firefox is not showing the link for some reason. IE does. Let me try this:
Sorry, still not coming up on firefox. Ask Baron about it. If you open in any other browser like Edge or Explorer it comes up fine.
Do
Doesn't show up in Safari either.
Sorry, still not coming up on firefox. Ask Baron about it. If you open in any other browser like Edge or Explorer it comes up fine.
Doesn't show up in Safari either.
Do
Doesn't show up in Safari either.
It shows up on internet explorer and edge. You can go to cnbc.com/fastmoney and scroll down to Robert Raymond. He basically makes the case for 60+ oil by April. He talks about the OPEC cuts and the WTI Difs to medium and sour grades tightening. Eventually this will work it's way to the lighter stuff (WTI, LLS). The forward curves are getting really tight and WTI is not even downticking on the gasoline surplus. Oil is coiling in a tight range. When it breaks out, it will probably run $10 in a straight line.
It shows up on internet explorer and edge. You can go to cnbc.com/fastmoney and scroll down to Robert Raymond. He basically makes the case for 60+ oil by April. He talks about the OPEC cuts and the WTI Difs to medium and sour grades tightening. Eventually this will work it's way to the lighter stuff (WTI, LLS). The forward curves are getting really tight and WTI is not even downticking on the gasoline surplus. Oil is coiling in a tight range. When it breaks out, it will probably run $10 in a straight line.
Yes, I track the COT reports weekly. It's funny, the shorts increased their position by 50% the previous week which got me excited and this last report they came completely off. LOL. This is why oil is coiling. On the one hand fundamentals are very bullish. One the positioning side, everyone is already long. The result? The OVX at record lows at 25 and daily ranges in CL non existent. We really need to see the bears pile in at some point to break out of this range.