IOC is a core short, one of the best performing so far at a 22% gain. I'm watching it carefully as it has made -7.25% move today alone.
I'm considering taking some of that position off the table and re-opening it at higher levels on a bounce.
I'll let you know when and if I do, but I suspect I will shortly.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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