We have the unique distinction of being just about the only thing that is down this am.
SM roaring back, oil up 1%, Bitcoin up, etc., etc., etc.
Looks like another Christmas with coal in the stockings. There’s nothing really left to analyze or say, whether T/A, geopolitical, currency, rates, correlations, or any other normal measure of predictive value. There’s the rig, and the rig alone. PM’s go up when they allow it, and nothing else.
I heard Russell Brand say about himself, “I’m a slow learner” Enough said.