Interested to see where the market goes for the remainder of this month and going forward, i know it sounds like beating a dead horse…but we have multiple factors leading into the fall months. If the dxy does retreat substantially there is a reality where the next two months we see a very strong rally to the upside for all asset classes. The…

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An important note regarding oil and gasoline…the strategic reserves releases are coming to an end very soon and the best quality forms of these reserves where it makes more optimal for gasoline to be made by refiners is already been used up…as we approach the cpi data next week we should show slowing and downtrend with energy costs down…but I… Read more

Update;

oil

Currently have XOM puts for friday and july 29th. If the energy market sells off hard tomorrow. I will look to sell all my short positions including my gush put as well. I expect a possible touch of 79-80 on xom. But i would take profits in the 82 dollar mark for xom. I will look to enter drip puts for december as a high risk play at…

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