Rome wasn’t built overnight, you know. The oil trade is going to be an arduous one. Many men will be ruined in scandal; lives will be lost.
In the meantime, as men of substance and conviction, we will make our livelihoods amongst the pirates and the fish, long oil tanker stocks. The deeper the oil ditch is dug, the better it is for FRO, TNK, NNA, TLP and NAT.
After such a magnanimous week, I am expecting the market to reverse lower today. I am not betting on it, as I am 95% long. However, given the circumstances, one would assume profits will be taken.
Nonetheless, the jobs numbers were perfect and wage growth was stymied at just 1.7%, which means inflation is running at less than the Fed’s target of 2%. That means, ladies and gents, there is absolutely no way they can begin an insidious programme to destroy the US economy through rate hikes. ZIRP is here to stay.
You should get long some homebuilders.
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Go Long Fantex! Alshon Jeffery IPO! LETS GOOOO lol
Does anyone actually believe the Fed was going to raise rates?
BZH.
man of the week award:
http://espn.go.com/nfl/story/_/id/12140365/ex-miami-dolphins-fullback-rob-konrad-swims-9-miles-fall
imho the job number was a little too strong for wall st. ‘s liking which is why bonds & stocks are weak .
Whats the case for homebuilders?
Low Rates & good jobs #?
Im serious, im learning and have a hockey puck for a brain, Sir fly!
POOF!
YOUR BULLSHIT HOMOSEXUAL RALLY IS OVER
This market is crazy.
Well you got your turn-around!
Got some $UWTI at 3.31 for a gamblin’ play.
was thinking about it
thanks for stopping me
Thanks for the giggles.
I know it’s already too early, but I don’t know where this “fade Bruce” retardedness came from(that cowboy guy) people doing that would have lost like 90% of the time.
“In the meantime, as men of substance and conviction, we will make our livelihoods amongst the pirates and the fish, long oil tanker stocks. The deeper the oil ditch is dug, the better it is for FRO, TNK, NNA, TLP and NAT.”
Your last blogpost stated that “…short oil will be losing trades over the next 6 months.”
If short oil’s a losing trade, then those oil tanker plays are also a losing trade. They’re dependent on each other. Without oil going lower, the contango is going to compress. Even with falling crude, the contango is compressing..
So what is the trade here? When does the long tanker trade become not viable?
set your stops boys..one giddyup in oil and the supercontango play crashes….until then I just keep moving mine up
This the way to play it right fly?
It seems to me the boat companies are managed by fraudulent gangsters. More so than most industries anyways.
The operate term is “in the meantime.”
Oil will not V-shape higher, so you can hedge it by being long tankers.
Catering to the Gaye market with that lead photo?
.
… I thought it was Fly’s subtle way of saying …
get … ah hem … “Short” !!!
.
LOL!
Any thought on playing XLE for an oil (energy) rebound?
what are your thoughts on a tren, npp, hgh, slin stack
Natural gas futures historic historic move higher we see amove above5.5 to 9 . Historic rise higher
Natural gas futures can go up a .50 to a dollar in day. . LNG demand on the ceiling . It will help and lead oil