Trades with cats wrote:fehro,
you are looking at reality, I am talking about the Unicorn number the Saudi's need to fund the grand plan. Trump needs 40 oil if people are to actually have any benefit from tax cuts before the November elections. Hedge funds are not adding to their longs, so you know they are nervous.
yup.. add all those electric cars about to come on line by the big manufactures.. oil long term will be toast.
Just One city, yup just 1 ... in China has more electric buses than all of America’s biggest cities have buses
If 16,359 buses sounds like a lot, that’s because it is. As shared by our friend and contributor Tim Dixon on EV Obsession, that’s approximately 3 times as many buses as New York City has in its fleet (all buses), and nearly 8 times the total Los Angeles has (see chart on right).
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New to me, ETF GVIP or in English Goldman VIP fund that follows the top 50 hedge fund holdings. Supposedly like the S&P 500 on steroids. So short this, short oil, go long the dollar and long 10 year treasuries and you have faded the hedge funds. All joking aside this may be a better canary than the FANGS index.
Continuing my short story (SPXS), I realized I put my stop loss in wrong and it didn't execute. Then it ran back up to breakeven (good) and I got a little greedy. Now I'm slightly underwater and hoping Trump dumps the market at 2:00. Not sure this ride has been worth it. Ha!
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