Join over 10,000 people who receive Michael Covel's newsletter & podcast episodes.

as seen on:

Oil Prices Rise to $65 a Barrel

A recent headline from the Associated Press:

Oil prices zoomed higher Wednesday, touching a new high of $65 a barrel, with buyers focused on refinery snags, shrinking U.S. inventories of gasoline and motorists’ growing thirst for fuel despite record-high costs.

Wonder why the AP did not mention the reason trend followers were “buyers”? Would it just be too simple to say, “trend followers were buyers because the price was rising.” Trend followers could care less about ‘refinery snags’. They care if the price moves or doesn’t move and they have a plan of attack to handle any price movement – up or down.

The reasons “why” oil is rising in this AP article might make the masses “feel” better, but this article serves zero purpose if you are trying to profit from crude oil price spikes.

Trend Following Products

Review trend following systems and training:

Michael Covel Trend Following Products

Michael Covel Trend Following Products

More info here.

Trend Following Books
Trading Systems

Pricing for trend following systems, risk management, trading psychology and black swan strategies. Absolute return systems and education for brand new traders and established pros. Thousands of clients across 70+ countries. Client feedback.


The Trend Following™ podcast. Listen now on iTunes and Android. Top authors and traders plus alternative commentary. 5M+ listens across 188 countries & territories.

Small Town Guy Makes Millions

His trend following experience on video sent to your home. Get your free video delivered immediately.

TurtleTrader® Site Map

Small town guy makes trend following fortune. His free lesson delivered on video: GET VIDEO NOW.