SUNDAY UPDATE: FACE FACTS, OIL IS STUCK

“As clear as the “fun-dur-mentals” in crude oil!”

Couldn’t be clearer, right? … well maybe not … oil can’t decide what to do, and I

don’t see anything on the horizon to change that … at least not this week … but if

you know oil, then you know it can go anywhere, and the drivers of oil can be

literally anything … most likely it tracks stocks this week and/or China news

… nothing new under the sun.

The “Traders Course” [TC] is finished, and will be available in a couple of days

… sometime this week it will be released … the crude oil algorithms are part of it,

of course, and if I say so myself they are excellent … it would be nice, though, if

crude could stop this “pump & dump” cycle we’ve been in, and start trending

somewhere, but I’m not hopeful.

Directly below, the WTI Crude Oil 20 Day Range MA for this week.

click on chart to enlarge

Onto the week at hand… until then mi amigos … Onward & Upward!!

Have a great rest of your weekend everybody!

-vegas

IT’S THE SAME OLD STORY IN OIL

“I’m not sayin’ it’s aliens, but it’s ALIENS!”

How do you get a $2 range in oil when there’s nothing going on in the oil biz to

change anything? … EASY PEEZEE, follow the stock market on its roller coaster

ride off of the “China trade deal” and Trump tweets … and you thought this was

hard … silly rabbit, tricks are for kids! … aaaaaaaaaand, nothing new under the

sun.

Until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OIL SEES THE $51 HANDLE

“How I view crude oil, almost every day now!”

World oil demand cut again today by the IEA, by 100,000 barrels … doesn’t sound

like much, but it’s the trend that matters here, not the actual number … and with

every thug & dictator worldwide “pumping & dumping”, you tell me where price

has to go? … well for now, it sure ain’t higher. And that’s the story, being repeated

day after day … and if stocks go down on China bullshit, expect oil to get hit with

it … nothing new under the sun.

Until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OIL “PUMPS & DUMPS”

“Aliens with oil is the only answer!”

Crude “pumps & dumps” today, on the bogus ChiCom headline that hit markets

right before Lunch in New York … so what else is new? … rocketing skyward

above $58, then going “Thelma & Louise” down near $57 … never underestimate

the power of oil to go anywhere the hell it wants … this market is like a runaway

freight train, where nobody knows where it will stop and turn around.

But, here we are around $57 … nothing new under the sun.

Until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas