The oil market now reminds me of when prices were around $30 in March 2020. Plenty of people who never looked at oil were going long oil futures, not realising what could happen to the roll. A few weeks later prices traded negative, with a $50+ contango for WTI a day before expiry. They looked at oil futures like equity, not understanding the impact of futures roll. This time is similar, plenty of people shorting the oil market thinking the Strait of Hormuz will eventually reopen and things will go back to normal. Many are trying to call the top. Without realising they might have to roll their shorts at $30, $50, $70+ backwardation?
@LDBBasketball@FULLKORTRAINING Congrats Keyaun!! Thoroughly enjoyed watching you play in high school. Good luck in the next step of your career. Remember, you have big fans in Missouri!!
@PHSVikingBBall Congrats on the good win!! Keep working, we’re watching!! As for Glendale, you know how us “old” Vikings feel about those guys!! Go get’em!!!
@RL_Hoops@Chris_2026_23 Great synopsis of your basketball talents Chris!! So proud of how you represent yourself and darn proud of the fact that you are a Blue Springs South Jaguar!! LET’S GOOOOOO!!!