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Oil has run out of storage capacity, and unfortunately… it's just that simple. According to RBC Capital, there's more crude oil on the water right now being shipped to refineries that simply don't need it. That's why several investors and traders alike have been asking me if it's safe to purchase energy stocks (like Exxon Mobil or Chevron), since selling pressure has taken their prices to multi-year lows. But before I can answer that question, there's something I need you to understand in order to make the best decision possible. Don't buy another stock until you learn this… | |
With uncertainty remaining a strong wedge in the markets... and oil prices continuing their wild swing, I figured we could take a break from the news and look at some of the promising things I've been looking at -- including an exciting trade I'm eyeing, complete with my analysis, set-up, and option recommendation! I'm busting out the red meat today and putting it out on the table so that my subscribers can eat good tonight. So, let's get into it. In today's video, I'm also covering how I select sectors to buy and sell… how I gauge market strength and weakness… how I select stocks based on similar criteria… and how I pick the optimal strike price and expiration date for my options. | | |
When it comes to growing your account, timing your trades well is everything… And that's why I want to invite you to a special training session I'm hosting. After years of planning and running 4,000-plus backtests, my team and I discovered a predictive "tell" that could tip you off to upcoming Wall Street moves… In other words, I'm finally taking on the bloated, greedy financial institutions… and you stand to profit massively. But I can only bring a few folks along with me, so click on the button below to reserve your spot before it's too late. | | Miss what happened today in the markets? I've got you covered...
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There is a very high degree of risk involved in trading. For our full disclaimer, visit here. | |
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