FYI: If there was a mercy rule in the financial markets, we may have already called it a year for crude oil. With a decline of 20% on the year and declines in each of the last five weeks as well as eight of the last ten, 2017 just hasn’t been crude oil’s year. Compared to prior years, crude oil is on pace for its worst first half in 20 years (1997), and if we get a decline like last week again, crude oil could conceivably see its worst first half since 1991!
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/
