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ST Trader

Joined: 10/06/15

Comments by ST Trader
Crude Oil WTI Apr 08, 2020 10:33AM ET
Then you dont understand oil , gas and ditalates
BTC/USD Jul 23, 2019 8:56PM ET
Adoption rate of BTC is around 1%.  It took ten years to get there, doubling each year.  I most likely will continue to double at the same rate.  . So yes, both gold and BTC as fiat currency hedges.. The fair value of BTC is what people will pay.
BTC/USD Jul 19, 2019 2:45PM ET
better to invest in fiat currencies?
BTC/USD Jul 18, 2019 9:07AM ET
Watch for undercut and rally from the 2 July 9745 low
Crude Oil WTI Mar 08, 2017 2:21PM ET
A barrel of oil (42 gallons) makes 22 gallons of gasoline. The gasoline draw down equates to 14.5M barrels of oil. . Seems we really have a net draw down.
Crude Oil WTI Dec 07, 2016 10:45AM ET
Too much oil product to the tune of about 10M barrels.
Crude Oil WTI Dec 07, 2016 10:41AM ET
There is too much oil related product.
Crude Oil WTI Dec 06, 2016 4:10PM ET
Yes,,,the report does not matter, What matters is that none of the agreements will be kept because they are all desperate for cash. What they did do is to talk the price up USD5 plus, for 10-20 days, which a 30 min/b per day is quite a lot of money for having meetings and talking..
Crude Oil WTI Sep 28, 2016 3:46PM ET
32.5 is not a real number. They will produce 40M/day and we are very over supplied
Acacia Com Aug 11, 2016 4:22PM ET
Great earnings today. I hope you have your shares still. Best of luck
TESARO Aug 04, 2016 1:19PM ET
anyone here??
Natural Gas Jun 30, 2016 11:05AM ET
As coal mining continues to decline, more gas will be needed to generate electricity for summer air conditioning. Still keeps some upward pressure on natty
Natural Gas Jun 30, 2016 10:54AM ET
more gas needed to power cooling for the summer...
Natural Gas Jun 07, 2016 2:06PM ET
If everyone is waiting for a short, I will keep my long position that i bought on 1 June
Crude Oil WTI Apr 23, 2016 3:53PM ET
So let's think a little... rigs drop to 23% of what they were are year ago and production drops to 93%. That is not resilience?. What happens when Saudi Arabia decides to use horizontal fracking? . The game changer of shale is how quickly they can move into production and how technology improves the efficiency. . The world still makes 1-2M more barrels per day than demand. Saudi Arabia can increase 1M barrels per day if they want.. The bullish case really comes in a year due to lack of large scale investment.. Nothing goes straight up. There are no myths...
Crude Oil WTI Apr 22, 2016 8:50PM ET
It went up on rumors and short covering. Something like 9 shorts covered for every long position. It was too much too fast. I agree the supply is changing, albeit slowly. For now, there is still an over supply and SA and Russia want to increase production as much as they can. Pundit is right to suggest the 30's will be hit. Longer term, the end of the year, the bias will be up. Not sure to where it will go to, but certainly higher than here
Crude Oil WTI Apr 20, 2016 4:17PM ET
depends on your time frame.. I think down April to May time frame, but not by more than 15%, but up at year end, maybe around $50
Crude Oil WTI Apr 20, 2016 4:16PM ET
I find the same. Not sure whey, but there seems to be a two to five day rise at rollover time.. . I think it needs to go down some from here, maybe 5-10%
Crude Oil WTI Apr 16, 2016 8:04PM ET
Tass is not a trusted source since it is run by Putin's men.. Also, the article was big on talk, especially talk from marginal players.. I expect the meeting to try to create some good sounding words, but no real action At least they can get a few more dollars per barrel for a few weeks.
Crude Oil WTI Apr 15, 2016 2:39PM ET
who is short through the weekend?
Natural Gas Apr 03, 2016 5:01PM ET
..and notice one whole week is ignored.... I think he is taking the drawings that my 7 year old does...
Crude Oil WTI Apr 01, 2016 6:04PM ET
seems more likely to move down to 36.00 area..... I agree with John. If you are so certain, you would be rich.. Events happen and in a single commodity, sometimes charts will mislead you
Crude Oil WTI Apr 01, 2016 9:51AM ET
Is it going to 36.00?
Crude Oil WTI Mar 27, 2016 2:21PM ET
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Crude Oil WTI Mar 24, 2016 2:35PM ET
Good piece JL. For sure production is coming down. The only issue is that the breakeven point now is probably closer to 45 range now after significant efficiency improvements. I doubt though that any bankers will give additional loans to fund new drilling, so when the efficiency improvements get their oil, the spike up could be swift.