Back in September of 2017, I posted here in the blog that Financials were in trouble.  We did experience some increased volatility in the markets, including the largest ever down day of over 1,200 DOW points but as of today, May 11th, 2018 I am posting that financials higher.  In fact, the largest market cap sectors within the market being Tech and now financials will clear the way for new market highs.

So here we are again with a crude rally which started April 10th from $62 as you can see with my time stamped tweets.  Now that we are touching $72 We are seeing every bank calling for higher oil prices with some predictions of $100 from BofA. 

Question, isn't it better to buy low around $62 and Sell high into these bank calls?  Of course it is, because that's what they do.  When their making bullish calls publicly means they're most likely created volatility to lock in hedges and distribute most of the positions.

In short, its too late to be initiating long positions now in crude.

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