OIL STOCKS ARE GOING TO GO CRAZY AGAIN!

2 years ago
53

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The stock market edged up today as traders responded to the Fed minutes. The minutes didn't offer any new insights the market hasn't already priced in yet, but underneath the surface oil markets pointed towards the next step. With more oil news after hours regarding the Iran deal, it looks like oil volatility will be key coming into next week. This relates to the minutes, even though they seem seperate, because now investors will respond more to economic data and other markets. With the minutes not causing as much volatility as expected, it points to the influence of global tensions and oil has proven to be a good gauge. Nonetheless, the market will need to digest the minutes and how we close this week will say a lot. After this brief market recap I go over my portfolio and 3 stocks to buy for tomorrow. I am eyeing DIS, WFC & UBER as they all relate to some news from today. ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!

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