I'm seeing some things in USO that make a speculative call position, one I don't mind if it goes against me, look very attractive considering the potential gain.
Again, this is a speculative position, the trend in oil has been horrible, but I've been watching since a recent gap that is starting to look like an exhaustion gap.
I'll have charts up 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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