Greetings! Welcome to my X account! The purpose of this account is to make connections and share feedback amongst other traders. I don't consider myself an expert but I am miles ahead of the average trader. Shown below will be a snippet of my portfolio history.
@SPYderMomTrades Technicals are not meant to be the sole basis for trading. They only exist as guides for possible moves. One must also be aware and attentive to economic data and geopolitical news.
Very cool seeing the wave of empty tankers heading to the US to pick up some desperately needed crude for Hormuz-starved markets.
All the tankers on the map below are empty VLCCs (~2 million barrel capacity each) currently heading for the US Gulf Coast.
@the_jefferymead@HouseDemocrats Truthfully, high oil prices in 2022-2023 were caused by supply shock after the pandemic and the Russia-Ukraine war. Nothing was ever really the cause of Biden.