As a common rule, don’t commerce on pre-holiday thin-liquidity classes. There will be amazing-seeming alternatives, however value can nonetheless get shoved in your face by whoever it’s who appears like pushing markets round.
A primary instance at this time is the power market, the place front-month oil costs are down practically 4% at this writing. Lately, power futures have been commonly jammed decrease in a single day in low-liquidity circumstances after which have recovered through the day. There’s a structural…