Well, yesterday I falsely assumed oil might be nearing some kind of bottom. Nope! This is a bear market which has legs. One idea offered yesterday was to go long Russia as a countertrend play, but as oil continues to collapse, Russia is following right along (since, like Tesla, they’re kind of a one-trick pony).
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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