You guys better understand supply and demand on oil prior to
guessing a bottom. Huge imbalance as I've stated many times.
Make sure you have EVIDENCE of a reversal. Huge
contango in place currently for those who now how to prosper from
it. Buy front month and sell out months but you must be able
to STORE IT
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
You guys better understand supply
Any suggestions to go long on an oil index fund ...
Posted by steve on 20th of Apr 2020 at 01:13 pm
You guys better understand supply and demand on oil prior to guessing a bottom. Huge imbalance as I've stated many times. Make sure you have EVIDENCE of a reversal. Huge contango in place currently for those who now how to prosper from it. Buy front month and sell out months but you must be able to STORE IT