Matrix Energy Partners Update: The First Trade Already Worked
The first trade already worked
You can never be sure — never. But I was confident the price of oil was badly undervalued, and on 6/29 our first trade in the book reflected that: an immediate 20% allocation into Exxon-Mobil, my favorite mega-cap integrated, alongside a call spread in crude oil futures — something I've traded myself for a lifetime, but never recommended to retail subscribers before. The risk/reward here was nearly impossible to resist.
Both legs have worked, almost immediately. Between them, they've already returned more than the cost of a year's subscription — with roughly two-thirds of the original position still running.
I've made that first trade alert public. Read the whole thing — timestamp, sizing, and the full reasoning — here:
There's more built since. Other positions are already on, some of which you can buy more cheaply today than I did — but I have equal conviction in every one of them.
Come be part of the portfolio as it develops:
Dan Dicker
dan@dandicker.com