Rocko58

Rocko58

No news is bad news for the bulls with US options expiring on Monday.

Rocko58 Updated 

Here's my prediction through next week after current hurricane threats recede. ( A kind reminder that nothing I communicate should be considered investment advice )

Rocko58

Still tracking percentage correlation and going short through August.

Rocko58

Short drop in rig count amid lackluster China news make me think we are heading for the downs unless we get some good news. Or maybe we can hold out for another prolonged bomb cyclone event.

Rocko58

Percentages from CL to HO suggests to me that there's more room to drop.

Rocko58

Fundamentals are showing, lots are watching short, end of year approaching, Fed & EIA + API today + "...geez, did you see what just happened..." = sit back and wait and watch. Everything telling me to buy, especially peers, but thinking a lucrative lower bottom could be trending (even if past EOY.) End of year, Christmas Rally, emotions are there to go higher,...