Oil still good so far.. slightly above my mark of the sweet spot of $52.50, so I think it is still quite bullish for now.
Next week, will be short trading week for market but I guess it should be stable for Oil for now.

Gotta to wait till more reports of production levels from OPEC to really know for sure if
they are really cutting back or just talk only.

bull is struggling, but oil bull still the stronger one, are they looking at 56-58, or even 60 for this round?

Back off 1% again.
It's going no where. Got one more week to go.

crude isn't looking all that good.

the $ is weak, index lost 2.5% in last 10 days.

when it rises again, pressure on crude price.

and we'll see rig count in the next hr...

Still hanging around here between $51 and $53.
The range is getting smaller..

I'm in cash and waiting.

broad market as well....hanging...

do you think correction is on its way? waiting for trump's on board?....

There's a chatter on the wall street now.
Buy the Election, Sell the Inauguration.

We don't know the future directions. However, should there is a good bargain discount, will be an opportunity.
Good positioning in cash and patience waiting..

Crude Oil inventories rose 2.35M barrels

looks like going for 50 again.

no concrete evidence of promised opec cuts, still all talk only.

while usa rig counts keeps rising.

didn't short enough last night.


broader market... seems going nowhere, no catalyst...

Watch out, Oil up 2% despite bearish news..
Still holding here. Probably will wait till next week to play.

Trump taking oath tonight..

trump oath feel good factor.

weak $.

opec "r u cutting or not" meeting over weekend.

rig count later tonight.

hard to see what's next...!

hmm...

BREAKING: Oil prices hold gains as US rig count rises by 29, posting 11th increase in 12 weeks

Doesn't seem to have any care about it

when is it? still not yet staRT talk shit? this new president?

WTI net-long position rises to highest since June 2014: CFTC

OPEC and Friends Agree on Way to Monitor Oil Cut to End Glut

Saudi Arabia, Algeria and Kuwait have already made deeper cuts than required, while Russia has been able to reduce supply faster than


but wti is down 1.6%.

will opec & friends cut harder and faster still as north america rig count rises?

The more they cut production the more US rigs increase.As a consequence, oil prices will be suppressed by that circumstance.
It is like there is a ceiling.
I strongly suspect that this sector might be sluggish this year.

so bullish....still....fascinating.

u mean crude?

i think it is nervous... 52, 53, 52, 53...

whole market is like in a daze, nothing moving much for days now.

only GOOG is moving up!

oh, i mean broad market.