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STL
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If you are wondering why WTI Futures sold off today in the afternoon even without lies from #WhiteHouse, it was because it was the expiry of current contract into new contract where thieves , sorry ETF managers, bang the close and roll into new one.
First chart shows the spread between current and new one... as an owner of #USO you pay this what they call "slippage" as they roll into new contract.
It is usually around 3% toll... so in a year like 36% or more... remember "regulators" were so upset about Libor and 0.01% move ... but never proved any coordination.. well this one makes billions for ETF managers and they are all blind to it.
Rotten to the core.


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Trump is playing 3d chess.
The plan is simple. OIL → $200.
This will knock Crypto and Stocks down 40%.
Send gas prices to $10.
Cut Real Estate in half.
And while everyone is panicking, we get generational entries.
Then he ends the war, we begin the greatest bull market in history, and he takes credit for all of it.
Trust the process.
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Y’all, my daughter recently received a $100k settlement check and her boyfriend simply asked her if she could hold the bills down for a little while so he could leave his job and focus on getting his real estate license. She told that man no, said she’s not taking care of a grown man that isn’t her husband. Mind you, this same man has been taking care of my daughter and her THREE kids for the past two years while my daughter hasn’t worked or brought in a single dollar of income. Not rent, not lights, not food, not nothing. I’m on my daughter’s bank account so I can help her manage things, and when I saw her fumble a man that’s been holding her and them kids down, I stepped in. I Zelled him $5k because that was the max it would let me send, told him to leave her and come stay with me until his new place is ready because I refuse to sit back and watch a good man get drained, disrespected, and discarded once the money hit. Of course my daughter found out and lost her mind, but I’ll be damned if I watch her damage a man who did everything right and got treated like he was disposable once she got a check.
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