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Market moving very well right now. Financials got a wee boost from NTRS and WFC today (if you don’t know those symbols look em up because its part of your job). Oil has cracked for the time being. The action I saw in the DUG yesterday was telling. However, I did not post about it last night due to me being tired from a really exhausting 9 games of basketball. Well what happened yesterday was that the DUG was making new highs into the close all the way till the bell and afterhours, but the USO was NOT making new lows and in fact bounced off its lows. Someone knew something.

USO First Time A Cracking

I love the action so far in the markets. I would expect us to be higher today at the close than where we are right now. If Oil is truly breaking down money will flow from there to something else in the general markets which will spark short covering for the idiots who have held short this week betting against me.

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