Thinking WTI new range is probably 60-75$
The shale band is no longer a relevant fundamental talking point. New talking points create a range: Fed/ECB/PBC creating liquidity restrictions on inflation, which creates the top of a range. Opec creates a soft supply support range at top of previous permian band.
This means that central banks will aggressively tighten with oil over 75 and opec will vaguely tighten supply with volatile dips into the previous range.
Many OPEC nations suffer a lot of inflation if dollar goes up so they don't want oil to go up too much so they will prob maximize revenue in this range.
Guess that means also targeting short on EUR/USD, but forex is for gay british people who think having a 7 story house is a good thing. Not that I'm triggered by the London housing market, but I am. AND NYC in general. Thank you for coming to my TED talk.
Short RUB eur????
#Tom ford
#Cara Delevigne
#coconut oil is not a food.
This means that central banks will aggressively tighten with oil over 75 and opec will vaguely tighten supply with volatile dips into the previous range.
Many OPEC nations suffer a lot of inflation if dollar goes up so they don't want oil to go up too much so they will prob maximize revenue in this range.
Guess that means also targeting short on EUR/USD, but forex is for gay british people who think having a 7 story house is a good thing. Not that I'm triggered by the London housing market, but I am. AND NYC in general. Thank you for coming to my TED talk.
Short RUB eur????
#Tom ford
#Cara Delevigne
#coconut oil is not a food.
Comment:
synthetic shares designed to trade against a brokers own clients expire in four hours after they are created.
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3.47% inflation- q2? before cooling. potential 2.4% longer term then beginning third quarter if no +25 basis points into consumer spending season?
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+25 basis points in january 22 over tightening? weird situation. what would cause a big dip spring 22?
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Maybe monetary policy done up to fiscal policy and election narrative manipulation through inflation/dnc/covid variations. booster shot not necessary but good for option speculation.
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Trump/Biden party planning something weird for midterms. CNN sucks too bad to watch to find out what. :(
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New voting bill probably trash on purpose.
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China uncertain despite rising GDP. Beta weighted probably safer to stay long US equities depending on currency, still think euro overvalued as demand for oil will increase as prices cool.
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Dips in SPY determined by currency risk? ECB decisions causing euro cash outflows from US equities more important than fed talk ironically.
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DNC trading against fed. likely no good outcome for fed action. wonder if anyone in dNC has large positions like pelosis apple options a while ago.