$10.05, I can’t look away from this $WTI train wreck
Plus EV Analytics@PlusEVAnalytics·20 Nis$10.05, I can’t look away from this $WTI train wreckÇevir English1040
MH@NotThatTricky·20 Nis@PlusEVAnalytics The contract that's actually trading is $22. Most of this move is due to people rolling to the next month future.Çevir English1010
MH@NotThatTricky·20 Nis@PlusEVAnalytics See also: twitter.com/TheStalwart/st…ÇevirJoe Weisenthal@TheStalwartRetail investors plowed a ton of money into $USO -- a popular oil futures ETF -- right before this crash bloomberg.com/news/articles/… via @kgreifeld English1000
NecessaryPaper@NecessaryPaper·20 Nis@NotThatTricky @PlusEVAnalytics rip twitter.com/awealthofcs/st…ÇevirBen Carlson@awealthofcsI'm sure there's a good explanation for this I just can't figure out what it is at the moment USO (oil price ETF) is down 72% this year but has added $2 billion (!) in AUM since the start of the year0000