I want to buy Oil, what is the symbol, exchange and contract?

Discussion in 'Commodity Futures' started by TradeTune, Apr 20, 2020.

  1. xandman

    xandman

    Bone,

    Is there a general meaning to a very straight curve? In spite of the madness in the front month, it seems producers and consumers are in equilibrium long term.

    upload_2020-4-20_12-35-55.png
     
    #51     Apr 20, 2020
  2. FrankInLa

    FrankInLa

    Bone is one of them. Real market wizards. More like tools, not a single ever made it upstairs after the music stopped playing. Selling "education" is now the name of the game.

     
    #52     Apr 20, 2020
  3. bone

    bone

    Generally speaking it portends plenty of supply.

     
    #53     Apr 20, 2020
    xandman likes this.
  4. trader99

    trader99

    USO trades even very differently from the June contract. June is down and USO is up(intraday from the open not from Friday's close).
     
    #54     Apr 20, 2020
  5. bone

    bone

    Yaaaasssssss.
     
    #55     Apr 20, 2020
  6. Overnight

    Overnight

    Just saw a print in May for $0.19. Interesting times.
     
    #56     Apr 20, 2020
  7. Edmond

    Edmond

    Now .001
     
    #57     Apr 20, 2020
    Nobert and bone like this.
  8. Overnight

    Overnight

    Whoops, just saw a print at $0.01.

    A penny! Buy the barrel, dispose of the oil and recycle the metal!
     
    #58     Apr 20, 2020
    trader99 and bone like this.
  9. FrankInLa

    FrankInLa

    :banghead::banghead::banghead:

    @Baron, can you please shoot me immediately or if you can't aim from a safe distance of 6 feet away can you at least close my account and profile please. I feel too ashamed and low for myself to be part of this kindergarten.
     
    #59     Apr 20, 2020
  10. Overnight

    Overnight

    BAM! Negative! Wheeee!
     
    #60     Apr 20, 2020