When buckeye makes a prediction........immediately expect the opposite. Seriously. You cant make this up. Buckeye mocks my comments on historical precedent of "oil/energy stocks rising during the summer" and....within a day of mocking, crude oil begins it's move up (~16% so far) off it's June lows. Many of the energy stocks up ~10% over the last 5 weeks. Energy sector is the trade that just pays you to be patient (shhhhh. every year) during the summer.
You bought puts back in June didn't you buckeye? I think I'll add your predictions as one of my chart indicators.
http://www.cnbc.com/2017/07/26/oil-prices-ease-but-near-8-week-highs-on-lower-us-stocks.html
With that said, and now the media reporting this recent move up........I wouldn't be surprised to see it pause or pull back in price a little.....but lets go to the expert first for his insight: Buckeye? What's your prediction?
You bought puts back in June didn't you buckeye? I think I'll add your predictions as one of my chart indicators.
http://www.cnbc.com/2017/07/26/oil-prices-ease-but-near-8-week-highs-on-lower-us-stocks.html
With that said, and now the media reporting this recent move up........I wouldn't be surprised to see it pause or pull back in price a little.....but lets go to the expert first for his insight: Buckeye? What's your prediction?