Tweet By Poly This is an excerpt from this week’s premium update from the The Financial Tap, which is dedicated to helping people learn to grow into successful investors by providing cycle research on multiple markets delivered twice weekly. Now offering monthly & quarterly subscriptions with 30 day refund. Promo code ZEN saves 10%. The train wreck that […]

Tweet By Poly  Crude oil inventories skyrocketed in an announcement today and it sent crude crashing by as much as $3 at the lows of the session.  This was the largest weekly increase since September and it puts inventories at an all-time high.  The announcement was further evidence that a combination of higher supply and […]

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Tweet A reader asked me what’s my take on crude. As of now we’re oversold but could continue down to where I’ve deemed a decent amount of support in the $29.50-30 range. The other scenario has crude rallying up to the $34-34.50 level where it would run into significant resistance. Bottom line: We are oversold but […]