VIDEO REMINDER In Today’s Masters in Trading: Live Global oil prices are falling this week on heightened geopolitical tensions and softening demand. As it stands, the price of U.S. benchmark crude has tumbled about 6% since the markets opened yesterday… And there’s certainly room to run lower from here. There are many variables at play causing oil’s plunge this week. From the ongoing conflicts in the Middle East to falling demand in major markets like China, this week’s news will have far-reaching implications for all of the world’s largest energy producers. All of that said, it shouldn’t surprise you that I’m still very bullish on oil in the long term. Even with all of these variables in play, there are many ways to build a spread around oil and gas stocks that benefits from the market’s latest volatile swings. Many of the stocks I look at are correlated with the biggest industries in East Asia, the Middle East, and Eastern Europe... That means there are ample ways to play the sector’s increased volatility to our advantage without betting all of our risk in one area of the market. Join me for Masters in Trading Live at 11 a.m. ET as I tell you about one important tool we can use to make a play on volatility in oil and gas. You can also read more about my approach to this sector right here. Consider it a companion piece to today’s episode – a way to dive deeper and form your own approach to trading long after the cameras stop rolling. If you want to be part of the action and share your comments and questions in real time, be sure to join me live on YouTube. It’s a great way to connect directly with our trading community and make sure you’re getting the insights you need to help build a deeper understanding of the markets. Here are all the hot topics I’ll be discussing today: -
Applying the Crack Spread to Oil and Gas -
I’m Watching This Under-the-Radar Tesla Supplier -
Where the Stock Market Stands Before Election Day |
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