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Tuesday, December 31, 2019

OIL & CRYPTO END YEAR ON A SOUR NOTE

“When all your friends trade either crypto or crude oil!”

Well, not much to say about either space, here at year end … dull as dishwater
comes to mind … fact is IVIX [Intraday Volatility] has been taken out back of the
barn and shot in the head, and left for dead … and up and until that comes back
to life, anyone who trades either of these is going to be either very lucky or very
disappointed … my guess is disappointed, cuz even if you get lucky, the costs to
trade each, especially crypto, are going to make any meager gains look not so
good.

I wish I had better news, but I’m a trader not an analyst … it is what it is until IVIX
comes back, and until then stay away … no blog tomorrow cuz it’s New Year’s
Day … until Thursday mi amigos … Onward & Upward!! 

Have a safe & joyous New Year’s Eve everybody!

-vegas


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