norsburn

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Last visit Joined 10 months ago
The markets work efficiently 60% of the time, every time.
Markets Allocation
50 % stocks 50 % other
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SPY 100% | 2
norsburn norsburn SPY, D, Short , 7 months ago
SPY: SPY short off Doha flop
83 0 1
SPY, D Short
SPY short off Doha flop
We all know, or should know, that the run up in the markets have been in response to major oil producers flaunting the idea of a production freeze. Well Doha has come and gone and NO DEAL was made. As you can see from this chart the 2 trending green lines from the left to right have a zone I was looking for the SPY ...
norsburn norsburn SPY/USO, W, Short , 7 months ago
SPY/USO: SPY to USO... looks unsustainable
49 1 1
SPY/USO, W Short
SPY to USO... looks unsustainable
Looks like either the market needs to rebalance equities with oil; the question is will Oil rally or with the Market selloff? I say market will sell off with oil as Doha is a bust, and eventually oil will find a base and market will be led into correction from oil over supply.
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