All investors know the adage to “buy high and sell low” but few adhere to it. We can see this with record volume to start July trading coming mostly from retail investors as the S&P reaches another all time high. Perhaps I have been in the futures industry too long because when things are “too […]
Friday’s choppy action was unsurprising as the refined products exhausted themselves on Wednesday and Thursday. After a quiet start to the week, RBOB gasoline shot up 13 cents and up HO 10 cents while Brent Crude popped $4. Interestingly, June WTI closed DOWN for the week as we saw the June Brent/WTI spreads widen to over $8. Last […]