My SeeItMarket Article – Crude Oil Forecast: Timing the Next Big Trade

by | Apr 17, 2020 | Public Blog

Clients got my oil short thesis last Friday despite OPEC’s historic meeting to cut production which many believed to be bullish. I followed up with my detailed analysis last Saturday for clients which was reprinted below by SeeItMarket on Wednesday.

Today, crude hit my $17 handle – a 19 year low.

The front-month contract in West Texas Intermediate, the New York-traded benchmark for U.S. oil, plunged to as low as $17.31 per barrel Friday — marking a bottom since 2001 — as it headed for delivery. The contract settled at $18.27, down 8% on the day and 18.5% on the week. Investing.com

Crude is now down 36% in the two weeks since that April 3 peak – which we also caught in my live trading room. Since hitting $63.27 a barrel in early January, US crude has lost a stunning 71% of its value.
Want to know when, why, and how I trade Oil and Oil&Gas companies next?

Crude Oil Forecast: Timing the Next Big Trade

 

About Your Captain

Samantha LaDuc is the Founder of LaDucTrading.com and the CIO at LaDuc Capital LLC. As a Macro-to-Micro analyst and professional options trader, Samantha leverages her insights on volatility and money rotation to make her historic market-timing calls. With a backdrop of Macro, Intermarket, Quant, Fundamental, Sentiment and Technical Analysis, she provides risk-defined option trades for clients. Her focus is dedicated to identifying reversal and continuation patterns across global equities, currencies, commodities and interest rates.

Retail and Institutional (RIA/HF/PM) clients gain access to her unique perspective and unparalleled transparency. Tactical trades for stocks, options and futures that cover multiple time-frames are deployed directly from her Brokerage-Triggered Trade Alerts with live commentary provided from her Live Trading Room and in-depth analysis delivered in her prescient research.

LaDuc Trading/LaDuc Capital LLC Is Not a Financial Advisor, RIA or Broker/Dealer.  Trading Stocks, Options, Futures and Forex includes significant financial risk. We teach and inform. You enter trades at your own risk. Learn more.

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