Oil

Posted: February 6, 2016 in Uncategorized

The other day I was checking the inflows in oil ETF.

Specially in the US there seems to be  a frenzy in the investors to enter the oil trade as they think it is so low it can go only up.

As crowded trades do not work…oil is still far from the bottom ($20-$26, or lower in panic).

 

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s