Oil fund’s near implosion is the latest market wackiness leaving traders scratching their heads

Long-time professional traders watching the near implosion of the United States Oil Fund could only watch in wonder. 

“It tells me people always want to make a quick buck,” said John Davi, chief investment officer and founder of Astoria Portfolio Advisors. He was referring to retail investors who lost a boatload of money investing in this popular exchange-traded fund that trades under the…


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