062: Tracy, @ChiGrl – Pairing Technicals & Fundamentals, and The Life of a Hardcore Crude Oil Trader
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The Banks' Untransparent Approach to Oil Debt
The banks are trying to hide how much debt exposure that they have to these markets because they want to save their stock price. So I think they're afraid to sort of expose that. And then you have summer driving season where you have demand. Demand is normally up during summer driving season. With those two happenings together, that could create a nice little spark to at least have some recovery in the price of oil. But it's all depending. We've got to see what happens in April.
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