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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (186621)4/20/2022 5:37:53 AM
From: Haim R. Branisteanu1 Recommendation

Recommended By
maceng2

  Read Replies (1) | Respond to of 219512
 
Crude oil is poised to fall spectacularly in the near future, based on undisclosed information.

The whole run-up in hydrocarbons is purely financially engineered as a scare tactic.

As an example last month California received all its energy needs from renewable energy

Demand for distillate will fall due to high prices



To: TobagoJack who wrote (186621)4/20/2022 5:54:59 AM
From: sense  Respond to of 219512
 
I continue looking at them...

it's unlikely that a massive logistical realignment will go smoothly...

And I continue to find things worth owning... along with things worthy of a trade...

The article on Goldman's gas call is interesting... as my own call on KOLD was made about the same time as theirs... well before the 27 million traded on Tuesday... about which interesting to note the ADL was down, again, and the NVI up on KOLD.

BOIL dropped from $122 back to $89... on 42.5 million... but ADL ticked UP and the NVI was conspicuously flat.. Apparently, not evryone read Goldman's note... although the ZH comments think it was a conspiracy... but, the chart is pretty unambiguous... gas has done the same thing every time the chart does what it did on Monday...

The energy trade seems it will remain "dynamic" for a while... when other things aren't all that much...