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OIL is DISTORTING The Stock Market - 3 Stocks I Traded Today
LIVE TRADING CHANNEL: https://www.youtube.com/TheStockMarket
The stock market and markets across the globe saw some relief as the sliver of good news outweighed the past couple of days. It also helped that Jerome Powell was able to ease concerns and reassure that although there are risks on the table, the Fed plans to stick to their course and the market is already priced way ahead of them. That plus Ukraine peace convoys were enough to reverse the losses from yesterday and bring us higher than last week. I go over all of this and a quick market recap, then I discuss how the moves in oil prices today effected more than meets the eye. The scary part from here is if oil and commodities continue going up but the stock market doesn't follow. This leads me into my trades for the day and how I plan to manage the WEAT trade and even wheat futures. I also go over the BNO trade and one possible outlier trade that is undervalued but would take a bigger catalyst to move. ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND I HOPE I SEE YOU IN THE MORNING!
NONE OF THIS IS A RECOMMENDATION .
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How to pick stocks for your long term portfolio: https://www.youtube.com/watch?v=_VzDJ...
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
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