Technically this is a bull market rally but very few are believing it
Ed Moya kicks off today with a look at the US markets continuing to move higher and the upcoming OPEC+ meeting.
US markets are technically in a short term bull market as they are up over 20% from the lows just three weeks ago. However very few people are actually buying into this in a long term sense. As for oil everyone is waiting for the OPEC+ meeting on Thursday.
A Focus On The Crash In Oil – A Little History and Stock Comments
Josef Schachter joins me today for comments on the oil sector and provides a little history on the Saudi-Russia alliance that has broken down. We also discuss the moves in oil shares and the possible opportunity it presents to anyone with some cash to deploy.
Doc’s thoughts on the Coronavirus, Saudi-Russia Feud, and overall market fears
Doc is back with us and there is a lot to discuss. There is a perfect storm brewing for the bearish case across the board for investors. We chat about the Saudi-Russia fight to lower oil prices and how this is carrying through to a wide range of sectors and pretty much every equity.
Oil Crashing and OPEC+ Fighting, This Could Be A Huge Issue For Markets Everywhere
Chris Temple joins me today to share his thoughts on the news that broke late Sunday regarding the Saudi-Russia alliance collapsing. Oil prices are being crushed and the rush to cash is hitting pretty much everything across the board.
This could easily take fears to another level over the Coronavirus and get the central banks acting aggressively sooner rather than later.