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Caution to the wind. The min-max of the $VIX over last 10 years is 20.69 in 2013 (79% above current levels). $SPX $SPY $DIA $DJIA $QQQ $IWM
OIL BULLS ARE BETTING ON RED DOTS APPEARING IN THE FIRST QUADRANT $OIL #OIL #OPEC #OOTT $USO $CL $XLE $WTI #WTI $SPX $SPY
It appears that Icahn may have capitulated at the turn.
Remember when you buy or sell #crude #oil, you are competing with people who have devoted a good portion of their lives to the same endeavor
A first-rate #crude #oil model predicts; a second-rate model forbids & a third-rate model explains after the fact
#OPEC has very little to lose by freezing #crude #oil production when they are already close to maxing out capacity
#crude #oil market my remain imbalanced longer but ultimately end users will pay the piper for producers not replenishing depleting reserves
Two traders, one long $twtr and the other short #oil, go to happy hour this evening....who pays?
$Oil Price Target Update: -$55/bbl (assumes $DXY around $95) $xle $uso #oott #OPEC #wti #brent $CL_F #CL_F #crudeoil
Ways of seeing, and assessing, #oil breakeven costs #Brent #WTI #OPEC #OOTT @RBS @MerrillLynch @natixis #EOG
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