Lol, you're so petty... try doing more than just scratching the surface for once. Reuters corrected the headline.
Indeed it does. As soon as they announce an increase in production of so many millions of barrels of oil, right back to 60 on oil
And you gotta love the talk about the strait of hormuz, every single time there are tensions in these countries they mention the strait of Hormuz and each and every time they create fear that something will shut it down nothing ever happens. It's never shuts down.
Watch tomorrow all the little retail minions buy up stocks on this once in a life time pull back. With the s&p so close to new highs there is no way they are going to let this fall anything further than a few points.
I was long oil micro futures and sold them weeks ago for a small profit, but damn a few extra weeks and I would be sitting pretty right now. Everything in the charts showed lower oil prices and even some predictions for oil to drop below 50, then now we get this news however oil has no sustainability at these levels with the abundance in the US and elsewhere where they can just increase productivity and knock it straight down. And if oil gets to 100 it wouldn't last long as trump would be quick to knock prices down ....seen this so many times, remember Ukraine and Russia. Oil prices didn't sustain a higher momentum for long as some were predicting. Don't be surprised when oil is quietly sitting back under 65.
The USN is pretty experienced too. Pretty sure they have the Straits of Vermouth mapped out to the smallest crustacean making home in the sand at the bottom. You missed the big move Max... I gave it to you a week ago. That's why intuition beats TA more times than not.
Russell futures coming back after being down over 3% This is why you need access to trading 24 hrs.... Moves like this can be a huge benefit when being able to grab a trade when news breaks like this.