Energy broadly speaking looks like it can put n a pop tpo the upside, this is a short term trade and speculative.
SCO worked out, but there was no decent set up that was low risk so I just stuck with the open position rather than add, however XLE is the Energy sector, not just oil, it's made a head fake move, it's going positive, it looks decent for either a long leveraged ETF or a call.
MORE so than EVER, speculative positions.
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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