Every year we see an extended trend, going into late December, that extends just a bit too much, and then completely unwinds once the new year begins and the big portfolio...
This post has been made public after the trade was closed and is no longer active. All information shared is for educational purposes only and does not constitute financial advice.
Prospect Capital Corporation $PSEC CEO John F. Barry III made another splash, this time with a massive $8.58 million buy. He reported this 2,000,000 share purchase in a Form 4 filing on Friday.
Crude oil is setting up for a big move, and almost nobody is paying attention. In fact, sentiment in the energy trade couldn’t be more bearish right now. Everyone hates it, everyone.
Here's the replay and chartbook from the December 27 Weekly Strategy Session. We made this week's video a recording rather than a live session due to holiday travel. I expect to be back to the regular schedule next week.