As if the Gulf coast does not have enough to worry about. It appears there is another hurricane, now category 2 in strength, that is potentially headed to the Gulf of Mexico. Here’s the latest forecast:
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As for oil, the commodity is jumping, up over 2% on the day. I know it’s an unpopular trade right now, but I loaded up on some energy this morning via $ERX. I’m even tempted to go long Natural gas here via UGAZ.
If you enjoy the content at iBankCoin, please follow us on TwitterI took some $ERX this morning with plans to donate profits to JJ's fund: https://t.co/636m6AEaWF
— Cajun (@RaginCajun) August 31, 2017
How’d you hold up through Harvey? Everyone okay?
Yep. We made it out ok. Pops too in Houston.