A motive of the financial industry is to blur the lines between investor and trader... to make investors feel guilty for taking control of their portfolios. After all, Wall Street firms ares the experts with YOUR money. How dare you question them?
"While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it’s time to assume the role of proud parents — offering advice and love, but not daily nagging."
"I think the federal government is going to have to do something about this because, basically, the potholes need to get fixed the traffic lights need to work."
After 5 straight weeks of builds, API reports that crude inventories drew down more than expected in the last week (-3.72mm vs -1.5mm exp), the biggest draw since September.