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Paul Burrer Profile picture
Paul Burrer
@paulburrer
"It's not what you don't know that gets you into trouble. It's what you 'know', that just ain't so." attributed to Mark Twain, but ironically author is unknown
Jun 2, 2022 • 6 tweets • 2 min read
Fantastic article here.

“If refineries in the U.S. get damaged during hurricane season, or anything else contributes to the market’s tightness, we could be in real trouble."

reuters.com/markets/commod… "Two years ago, margins for making fuel were in the dumps due to the pandemic, leading to multiple closures. Now, the situation has reversed, and the strain could persist for the next couple of years, keeping prices elevated."

& with #WindfallTax gonna get worse.
Jun 1, 2022 • 4 tweets • 1 min read
"In­dia has emerged as a key hub for Russ­ian oil flows. The coun­try’s im­ports have sky­rocketed to 800,000 bar­rels a day since the war be­gan, com­pared with 30,000 bar­rels a day previously."

wsj.com/articles/russi…
Mar 12, 2022 • 11 tweets • 5 min read
February 4th 2022 #China #Russia joint statement.

"The sides call for the establishment of a new kind of relationships between world powers on the basis of mutual respect, peaceful coexistence and mutually beneficial cooperation.

They reaffirm that the new inter-State relations between Russia and China are superior to political and military alliances of the Cold War era. Friendship between the two States has no limits, there are no ”forbidden“ areas of cooperation,
Feb 1, 2021 • 5 tweets • 2 min read
$IWM #smallcaps #RTY

You #memeStonks #stonks people, Be cautious of chop. The markets are at an inflection point this week.

*NO ONE* knows what direction they will go. Not even Portnoy.

Here is one chart I am watching. This is the Russell 2000 Ishares ETF. Basically all the small caps that trade in the US (at least the ones included in the index).

That line on this chart shows you how at the beginning of the year, we broke above the YTD AVWAP for the index.
Come again?
Jan 28, 2021 • 19 tweets • 9 min read
$GME thread that hopefully brings light and not heat. Lots of FUD (in both directions) out there. I try and be aware of it, but I think it is more important to understand what's really happening. @alphatrends AVWAPS don't lie. I have been trading this since October.

Let's begin We gapped up from $20 to mid $30's Jan 13th at the Open. I thought it was the beginning of the squeeze I had been waiting for since SI was at 102% iirc. That first VWAP is set to that Gap Up BO. Look at how well price AND VOLUME respected the gap. Image