OPEC Meeting Fails To Limit Production And Oil Drops Anyway - Here Is Why
Jul 6, 2021 ·
11m 39s
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Description
Today before the opening bell, in stock market news for today, an OPEC meeting, failed as talks collapsed among members seeking to limit oil production. That is bullish for oil...
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Today before the opening bell, in stock market news for today, an OPEC meeting, failed as talks collapsed among members seeking to limit oil production. That is bullish for oil prices, however the price of oil gapped up on the open as the NYSE opened and then went red and most energy stocks followed suit.
Why?
In this segment I explain how this type of action is fairly commonplace in stock market trading and how it might happen again in other stocks in the coming weeks.
Originally posted on Youtube here:
https://youtu.be/e4dX8Pg6Y0E
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Why?
In this segment I explain how this type of action is fairly commonplace in stock market trading and how it might happen again in other stocks in the coming weeks.
Originally posted on Youtube here:
https://youtu.be/e4dX8Pg6Y0E
Information
| Author | Mike Swanson |
| Organization | Mike Swanson |
| Website | - |
| Tags |
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