10 August, 2017 Setting up for a drop

Newton would have been a fine predictor of markets, wouldn’t you say, Mr. Livingston?

An interesting historical note is that the father of Sir Isaac Newton was fond of mathematics. I suppose the apple doesn’t fall far from the tree, does it?

So where is oil going from here? Well, one doesn’t have to invent calculus to see the trend is down while the price is up. Indeed, it is just a matter of time before gravity takes over the price of oil and we see it drop in the bucket.

Chalk it up, Mr. Livingston: Buy at $9