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  • edited February 18
    Stock futures were/are up overnight. But with geopolitical situation as it is, do the traders want to go into the long 3-day weekend with many long positions? I am thinking of down closing today but that may or may not happen.

    Oil futures are down but oil is in significant backwardation (roll-benefit 1.77% from just March to April CL/WTI; that is 23.4% annualized) and oil volatility ^OVX is in 50s!
  • edited February 18
    When valuations are high it often takes a “trigger event” to set things in motion. The good news: Barron’s should be a lively read.
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