No. of Recommendations: 5
Prior to today’s massive rally in oil prices traders poured a record $977 million into levered short oil ETF, SCO.
Someone got advance notice that Trump was going to wind up this little “excursion” in 2-3 weeks, so they piled into an ultra short oil fund, expecting oil to go down.
WTIC up 10% today.
Boy, somebody’s gotta be pissed today.
But that’s what you get when you buy your ticket on the sleigh ride to hell.
Inevitably, incontrovertibly, eventually…..everything Trump touches-dies.
Even sharp traders who think they have the inside scoop on what Trump is going to do next…..
Is anyone in Trump’s cabinet on suicide watch yet?
