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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (49958)2/29/2020 9:11:32 AM
From: Goose94Read Replies (1) of 202736
 
Horizons Crude Oil ETF (HUC-T) top pick from Keith Richards on BNN.ca Market Call 2nite Friday Feb 28th @ 1800ET

WTI is range-bound between roughly $50 to $60. Right now it’s at the bottom of the range. Meanwhile, it has entered into the seasonal period (February to May), so we bought a couple of producers and this ETF as a pure play on the commodity. Play to the top of the range at $60 WTI, translating to $14 or so on this ETF.
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