Crude is screwed, man.

“A lot of the expectation for a recovery in earnings is predicated onoilprices being around $47-$50 a barrel,” said Hugh Johnson, chief investment officer ofHugh Johnson Advisors LLCin Albany,New York.“So if you don’t get those numbers, you don’t get the strong earnings the stock market needs. This is not trivial stuff. It creates a lot of uncertainty and volatility in forecasts.”

http://www.business-standard.com/ar...leave-a-stain-on-earnings-117062500024_1.html

 

Here's Why Energy is the Worst Performing Sector in the S&P 500

https://app.hedgeye.com/insights/60...-performing-sector-in-the-s-p-500?type=policy

 

Are you paid to post links here?

 

Hahaha, how did you know?

 

Oh. I didn't actually think it was funny. You are like dbphoenix. You hijack threads posting links instead of thoughts.

 

You're full of yourself!

 

And there we have it. $5 bounce before X-Mas. And it's still bouncing!

 

Crude nice rally this week. Not sure why all the complaining, this market remains the best to trade intraday day in and day out (get it).

Trading Futures is much better than trading stocks in my “professional” opinion. I am biased and leverage is a two edged sword.

Feeling and thoughts will get you in trouble, trade what you C (L)

 

I think that if a market "fits" you - trade it and never mind anyone else' opinion. All markets have cycles and their own unique idiosyncrasies - rock on.

 

I have been watching CL now for a few weeks... DAMM, so much better moves than ES or NQ... I have you guys to thank for it, I probably never would have looked at CL otherwise.