COE 0.00% 19.5¢ cooper energy limited

10 to 1 bet, page-13

  1. 2,381 Posts.
    lightbulb Created with Sketch. 429
    Speculative long positions in crude futures, or bets prices will rise, outnumbered short positions by a record 96,147 contracts on Nymex in the week to July 3, according to the Commodity Futures Trading Commission data. Net longs rose by 28,983 contracts, or 43 percent, from a week earlier.

    ``There simply is too much bullish enthusiasm out there to dent the current rally,'' Edward Meir, an analyst at Man Financial Ltd. in Darien, Connecticut, wrote in a report.

    Source: Bloomberg
 
watchlist Created with Sketch. Add COE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.