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contango

This tag is associated with 3 posts

D&D Note (6.15.2020) ~ Markets Gap Down On Open Then Rally Into Close With Help From The FED ~ #StockMarket #FED

D&D Note (6.15.2020) ~ Markets Gap Down On Open Then Rally Into Close With Help From The FED ~ Overnight futures brought markets to gap down upon open today with the S&P 500 beginning the day at 2965. We saw a steady rally from the lows throughout the day to get back into the green … Continue reading

D&D Note (5.15.2020) ~ Oil Rally Lifts Stocks Off Lows ~ #StockMarket #OilRally

D&D Note (5.15.2020) ~ Oil Rally Lifts Stocks Off Lows ~ Equity markets opened the day gapping down into the red, however midday Oil began to rally which then pulled stocks off their lows for the day. The rally in Oil has nearly pulled the futures contracts out of contango. In the final minutes of … Continue reading

D&D Note (4.21.2020) ~ Collapse of Oil Drags Market Down ~ #StockMarket #RiskOff

D&D Note (4.21.2020) ~ Collapse of Oil Drags Market Down ~ Today is the final day of the May contract for WTI Oil and while we’ve see the May contract rally 126% from yesterdays collapse it is still only at $10. The June contract has lost 36% of its value to around $13 and that … Continue reading