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Friday, December 27, 2019

GENERALLY SPEAKING, HOLIDAY MARKETS SUCK

“When a trader gives up, walks out into the snow, and tries to die!”

Not much to cheer about if you’re trying to trade crypto or crude oil this week,
and today sees PRIMEXBT bid/offer crude oil spreads blow out to 6 cents a
barrel … “Yup, I was all over ‘em like hot sauce in chili”! … I realize it’s Holiday
time, and markets are thin, but this shit is ridiculous … I mean, oil is dead
anyway, with IVIX going “Thelma & Louise” “bigly & yuge”, but still.

Crypto meanwhile, BTC specifically, simply meandering around 7200 - 7300 and
its range this week hasn't been anything to write home to Mom about … both
spaces getting wrung out to dry, and if you attempt to trade in this you’re nuts.

Outta here early … can’t stand watching paint dry … blog update on Sunday
… until then mi amigos … Onward & Upward!! 

Have a great weekend everybody!

-vegas


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