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
23,417 Blog Posts

IS IT TIME TO ROTATE HEAVILY INTO A VAT OF OIL?

Yes.

Seasonal trends command my attention. We have Brent above $85 — wars looming all over the place, and Joe Fucking Biden mucking everything up. I read the fucking Houthis of all people took possession hypersonic missiles. If true, spot rates for tankers are about to explode higher. I think it’s fair to say, given the recent run in tech, a rotation into basic materials would be welcomed by all — especially since it is by far the most undervalued segment of the market.

I’m already in but will accentuate my basic material holdings before the bell.

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