Route 1200 Update 1.0
With the short term target (almost) reached I would take the money off the table. Chart 1. S&P 500
Global Macro Perspectives
With the short term target (almost) reached I would take the money off the table. Chart 1. S&P 500
Contango in crude oil futures increased in the last few days, making the roll trade attractive again. This is a clear sign that there is excess supply over demand and that the demand and price expectations are high. Profitable roll trade will bring additional money to the markets making oil price harder to decline. Chart […]