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"Fool Me Thrice?" - WTI Crude Nears $38, Up Over 10% In 28 Hours
Presented with little comment.. aside to note that every rip from a dip is greeted by the mainstream stock enthusiasts as a balls-deep buying opportunity in every oil & gas stock... only to be grossly disappointed a day or two later...
Stocks flip-flopped from USDJPY to crude as correlation-algo-in-chief...
But did stops just get run?
And credit is continuing to collapse as stocks bounce...
"Fool Me Thrice?"
Charts: Bloomberg
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What ever the FED wants...needs...or just out declares must happen... The Algos are blind to reality.
Sell Calls at 39?
Sell Calls at 41.50?
they were bought feb and march at 36.
Decisions ..decisions...
RIPS
"Oil Slickers just Pump 'n Dump"
I'm buying at $25, then war...
works till isn't doesn't...how exactly is the FED going to create demand for plummeting commodities? Well there is always war...
Dead (empty) barrel bounce
There is a glut of oil at the end of today, tomorrow, the end of the week and the end of the month/year. Trade on that!
Whatever the Fed wants it gets. For now.
This is news? Replace "oil" with "silver" or "gold" and the same game gets played over and over again.
-Argenta
Back-door bailout of HY via Fed push, similar to the back-door bailout of Glencore two months back.
The Jew will always be made whole, if necessary by the taxpayers. Always.
No Jew ever loses, ever.
Until ash to ash, so dust to dust!
There is a reason only Jews are permitted on the Fed, IMF and World Bank, except for a few tokens. Intermediating the world's tax dollars thru Jewish middlemen is the largest source of income for the Jew.
I thought it was their wordsmith abilities and mediocre humor, SVENGALI SCHMUCKS!
Well, the only fundamental that cant be manipulated, is I guess, if the fed hikes at a pace of a snail, death will still ALWAYS prevail.
Well, the only fundamental that cant be manipulated, is I guess, if the fed hikes at a pace of a snail, death will still ALWAYS prevail.
Qiqiqiqiqi.... Who's the loser that short position today??
Energy is the place these days for the textbook pump and dump.
Well you had CHS calling for a tradeable bottom in oil yesterday and then Oilprice.com was pimping the "oil glut isn't real" story.
So what you get is algos pimpin crude.
It's all BULLSHIT.