Sunday, December 4, 2016

Weekly round-up - oil market, oil stocks and more

So we got this crazy week in oil market. WTI closed week above 50$. OPEC cartel agreed to cut production size. By decreasing supply, price of commodity increases. This is what happened this week. Of course still a lot of speculations if all oil producing countries will follow the agreement after the meeting in Vienna.

So the oil stocks were in play this week and I think it will be in the spotlight next week.

I was trading $LEI $CRC and $SGY. Does anybody else traded these stocks? Do you still hold any of those stocks?

As well this week I made huge profit shorting $OCUL and it was one of my biggest gainer. As well I totally missed $HTBX which crash down during after market hours.

I made video as well, if interested watch the video about this week trading: https://youtu.be/-tHLVctvMGE



Submitted December 04, 2016 at 01:50PM by vytasmike http://ift.tt/2h2QA3w

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