
Ep. 835: A New 2020 Book with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Unpredictable Oil Drop
I've seen in the headlines there's been some hedge funds that have had not the greatest returns this year and a lot of people are bemoaning the price of oil which is kind of funny you would think oil drops everyone should be happy but apparently there's so many budgets and programs and social programs tie to high oil around the world. Nobody was predicting this at all but then there's one trading strategy that seemed to do exceptionally well during this unpredictable run huh? And I tried following all you have to do is shorten someplace up around 190 and enjoy the ride yeah. But how many people know five six seven months ago we're talking about a 50 percent crater in oilYou just nobody was
Transcript
Play full episode