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Thursday, November 7, 2019

OIL’S HALF ASS RALLY OFF STOCKS

“My message to the oil market!”

Today looks and feels like a half-assed attempt at a rally in oil … a pretty slow
crawl up on some “China trade deal” news, which has been priced in about 97
times already … the fact we’re still in the $57 handle says a lot, and none of it is
good … right now, this market is seeing falling VIX and trading action sucks
… algorithm or no, I’d leave it the hell alone until it figures out what to do and how
to break this $5 range we’ve been in for months.

Until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas


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