Oil Is F'd
The stock market managed to hold on to its bearings today and not go any lower or any higher as a rally in energy stocks left markets with an awkward close. I go over what happened in the stock market today and what it means for Jerome Powell tomorrow. Beyond Powell however, we saw some big developments in the oil markets today and if the trend continues this week, we might see oil prices return back to their highs. China announcing plans to end lockdown in June helped push the price of oil up, but even without that news, oil and commodities like Wheat & Corn were already off to a running start. I go over all the oil events and what it means for energy stocks and how this could effect Powell tomorrow. I also go over my portfolio and stock picks for the week and focus on some of the big name standouts from the recent 13F filings. EITHER WAY 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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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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