iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,846 Blog Posts

Markets Are Poised to Turn Higher; Do You Have the Balls to Buy Crude Here?

Simple yes or no question. You’re all internet tough guys. You see the markets want higher.

Do you have the balls to buy crude up here, or will you fade it? There isn’t a right answer. It can go either way, obviously.

But I’d argue for higher prices, since the crisis hasn’t been resolved and Trump is talking greasy, as if they’re ready to donate American blood for the cause of protecting Saudi interests.

I’m having a later morning, so after I properly view markets I’ll offer my take.

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One comment

  1. cancel19

    The retaliation is coming. Crude stays up.

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