Results: Oil Performed Better Than Expected

Steve Spalding
Predictions and Prescriptions
2 min readDec 15, 2020

Initial Prediction: $XLE will be trading below 30 by the end of trading on December 15th.

I’m calling this one a little early because the odds of something dramatically changing the results are extraordinarily low.

I was a little too bearish on Energy.

I said that by the end of today, $XLE would be trading below $30; as of the time of…

Steve Spalding
Predictions and Prescriptions

Writer, builder of internet things, prone to wanderlust and pontificating. Collects interesting people. Enjoys: science, fiction, finance, culture, ze future.