Tuesday, April 12, 2016

FAILURE TO LAUNCH: A World Drowning In Oil

Eight weeks of short-covering on mega-volume to go nowhere. Stocks, Oil? Both...

ZH: April 12, 2016
Doha Deal Hopium Sparks Biggest Short Squeeze In 2 Months

Don't worry, the status quo hinges on this disaster...
U.S. Oil ETF
The ETF embeds the rollover losses incurred by futures speculators, which have been astronomical due to the glut...




Much ado about nowhere since December 31st...



Granted, institutions weren't sitting around this whole time, they understood this is the LAST CHANCE to get out...

Price / volume:







Countdown to Doha...