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The Top 3 Ways to Trade an Oil Rebound by Ian Cooper
With oil prices set to gush higher, consider these oversold ideas.
Oil “will likely rise, topping $150 per barrel by the end of September – a price that hasn’t been seen since 2008. Short of imposing an economic recession or mandating major cuts to consumption through a pandemic-style lockdown, there is little the Biden administration can do to avoid the coming price shock,” says ForeignPolicy.com. Oil is also being pushed higher on news China is relaxing its quarantine for international travelers.
Oil Trade: SPDR Energy Select Sector ETF (XLE)
The XLE ETF provides exposure to companies in the oil, gas and consumable fuel, energy equipment and services industries, as noted by State Street SPDR.
Analyzing Your Option Trading Opportunities by Dave Caplan
In The Option Secret, we compare trading to playing poker in many areas. This analogy is not meant to be cute, but rather because they are quite similar in many ways. Also, it may be the easiest way to visualize when and why we should be trading. (In comparing statistics to trading, gambling analysts have stated that 80%-90% of poker players lose and professional players, although they may lose occasionally, year after year come out ahead).
Elite Wall Street trader, Joe Duffy, is allowing a limited group of future-elite investors into his masterful daily trades at thousands of dollars less than what others charge.
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PLEASE READ: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by TradeWins. For additional information on auto-trading, you may visit the SEC’s website: All About Auto-Trading, TradeWins does not recommend or refer subscribers to broker-dealers. You should perform your own due diligence with respect to satisfactory broker-dealers and whether to open a brokerage account. You should always consult with your own professional advisers regarding equities and options on equities trading.
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