US Crude Update: First Trade of the Year +18% in 13 Trading Days
Traders & Investors!
Our first trade of the year has just played out as anticipated, calling a crude bear run following the de-escalations in US/Iran tensions, record supply numbers out of the EIS/API and technical sensitivities positioned to the downside.
We have added approximately +18.50% to our directional portfolios and macro allocations in the space of just 13 Trading Days. Adding real alpha across our opportunity set and kicking 2020 off with a bang.
We will be covering our shorts into the $50/bbl buyside liquidity zone and re assessing future positioning from there.
Our initial call
We look forward to continuing to provide market leading analysis to traders & investors alike across the TradingView platform.
Like, subscribe and leave your comments below!
Until next time,
Portier Capital
Macro Strategy & Portfolio Management
Our first trade of the year has just played out as anticipated, calling a crude bear run following the de-escalations in US/Iran tensions, record supply numbers out of the EIS/API and technical sensitivities positioned to the downside.
We have added approximately +18.50% to our directional portfolios and macro allocations in the space of just 13 Trading Days. Adding real alpha across our opportunity set and kicking 2020 off with a bang.
We will be covering our shorts into the $50/bbl buyside liquidity zone and re assessing future positioning from there.
Our initial call
We look forward to continuing to provide market leading analysis to traders & investors alike across the TradingView platform.
Like, subscribe and leave your comments below!
Until next time,
Portier Capital
Macro Strategy & Portfolio Management