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
23,417 Blog Posts

Watching Oils

I pulled myself out of an early hole and have moderate gains and the usual stocks are climbing with one notable exception: oils are leading.

This is especially notable because they’re undervalued and haven’t moved in two years.

And, this is peak time to own them seasonally.

This trade has been a widow maker so I’m not sold on it yet. But I like the idea and am biased towards it.

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