I’m Betting on a Complete Breakout of Oil to New Ranges

Which would, subsequently, provide the tinder needed to ignite a furious rally in my sole position, $WLK. Why am I in just one stock, retardo style? By having just one position, I firmly place myself into a diabolical idiot box, where I’ll either perish inside of ten thousand fires of mishap, or escape alive and to the amazement of all those in attendance.

I do it for the people, at my own risk of dishevelment.

Also, $WLK main input costs are natural gas. When you look at their chemical business and compare it to competitors, like $HUN, who rely on oil, you begin to realize that fastly rising crude prices not only help them, in an arbitrage sort of way, but it breaks their competitors into pieces — enabling the atmosphere to become rich with win and share price grand in its obsequious climb towards greater heights.

Crude is higher by 1.5% — paving the way for a slow paced climb in equities, especially oil.

Amongst the leaders are $CHK, $REN, $NBR and a multitude of steel stocks. One could say the Trump trade is back on today.

Diving lower are retail stocks, led by $NWY, $TLYS, $EXPR, $JWN, $ZUMZ and $ANF. This is an industry in panic. Stay away.