and also go long Gold. Both going to rise from the ashes as Friday's job reports forces Fed to remove "patient" wording in mid-march and jack rate hike in June. World markets won't like that as Gold and Tvix ramp higher.
balls. Spy set to tank big time - but don't tell the longs.
but I'd thought I'd let the board know so they can trade accordingly. When you see a $1.50 move just on a Saudi comment, you know Oil is a tight spring ready to release (upward).
Watch U.S. oil inventory drop as old man winter fades and people start driving like mad in warmer weather.
so the question is are you buying GLD, Nugt or some other (Gold etf) or sitting on your hands???
as investors flood in to buy USO, UCO and UWTI before they all double. In the case of UWTI it will probably triple when UCO and USO double in share price. All Aboard.