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Tuesday, October 29, 2019

OIL LIMPS, THEN RALLIES

“Mr. Burns … I’m convinced this guy runs the crude oil market!”

Well now, VIX dropping along with daily ranges, and nobody really knows what
the hell to do with oil, so they leave it alone, which perpetuates the self fulfilling
prophecy of lower volumes and activity even more … all the while trading in
tighter and tighter ranges in the mid $50’s … nothing new under the sun here
folks, sad to say.

Until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas


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