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Wednesday, April 15, 2020

OIL FUTURES SEE THE TEENS

“Oil CFD’s back at 2 ½ cent spread! … now you’re talkin’!”

Gulp! … WTI crude oil futures in the TEENS! … for the OIL CFD’s, they aren’t
based off the front month, but an average of the 2nd & 3rd futures contracts
from front month, and those are quite a bit higher at around $5 - $6 higher at
present … but no matter, with an OIL CFD either @ PRIMEXBT OR TURNKEY,
you’re gonna get about a 2 ½ cent total cost per barrel, and with ranges easily
over $1.50+, some days exceeding $3.

For now, I’d go with PRIMEXBT simply cuz you can name your volume size and
the margins are somewhat lower … that’s a bonus for small accounts, and of
course all gains are earned and held in your account in BTC, the world’s most
valuable currency.

Over in cryptoland, again today not much going on, with BTC in a very tight $200
range for the day so far, and everything slipping slightly from overnight closes.
Nothing to report here.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas


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