While there was a disturbance earlier around the DOE data, crude and copper are now getting clubbed like a baby seal off the day's highs... It appears between Icahn's bubble comments and The Fed's reported impatience, momo trades are being unwound.
While there was a disturbance earlier around the DOE data, crude and copper are now getting clubbed like a baby seal off the day's highs... It appears between Icahn's bubble comments and The Fed's reported impatience, momo trades are being unwound.
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/11312
[3] http://www.zerohedge.com/taxonomy_vtn/term/10861
[4] http://www.zerohedge.com/taxonomy_vtn/term/10166
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/06-overflow/20150624_copper.jpg