JohnCM Investment Corner

[JohnCM]

My CRUDE oil play is still in play. Buy when CRUDE hits $15 and $10. If you hold until CRUDE $30 with the leveraged 3X fund, your bank could be a 300% gain, or 1,800% annualized.

We just need to look longer term. Which might not be a bad idea. Making money in this market right now is not the easiest, unless you are a high velocity trader.

My guesswork;

April - Peak virus impact
May - We start to see a slowdown in cases (assuming testing is available to all)
June - Starting to resume commerce
July - Begin to increase the use of CRUDE

The markets are typically forward looking, but with crude it is how much is the world consuming today.

$30.00 CRUDE may return in July, 2020.

April - $20.00 CRUDE
May - $10.00 CRUDE
June - $20.00 CRUDE
July $30.00 CRUDE

Average purchase price in perfect world $15.00