Seriously - the stock market will wake up tomorrow with a foul taste in its mouth knowing its now Lunatic Trump against Crooked Hillary. 65% of all U.S. voters literally dislike/hate both candidates and as Bernie slides to the sidelines (hoping for a Hillary indictment) the Dow will sell off knowing both these idiots are flawed, mentally unstable and "Out for Themselves".
Correction start in T-23 hours as voters either move to Canada or stay at home and say "screw the November elections".
and you thought the IBM, Netflix, Intel, sell off news was big. HA
Dow drops 300 points tomorrow as everyone realizes "Its CORRECTION" time.
the bad news is Monday morning everyone sells their long position in oil as the black liquid sets it sights on $35 a barrel at Market Close. TIMBER
and this had to make you very, very scared if you're long Uwti since we all know Russia and Iran are also pumping more oil like there is no tomorrow. Oil heading up for the "Perfect Storm Sell Off" as U.S. economy stalls as all of Opec pumps to the MAX.
Since Blood is thicker then black oil. Who says Opec isn't broken with Iran, Libya and Iraq all set to pump oil at all time highs way, way into 2017. If you can't see the "HUGE" oil drop coming come Monday, well then you shouldn't be trading commodity stocks or ETF's.
and you know Russia will do the same as no one (I MEAN NO ONE) is Opec or Outside of Opec is willing to give up their oil market share to the neighbor or bitter enemy. Oh and did I forget Iran is also pumping oil like there is now tomorrow as U.S. economy finally stalls and heads towards Recession.
and you know where there is smoke there is Fire. As Russia, Iran and all of Opec follow Saudi Arabia's lead and increase oil production (AROUND THE WORLD)..
Pick your poison.
Brazil collapse, Greece Default, Trump/Clinton Train Wreck, and Yellen "Out of Bullets". Still think May will be a very, very bad month for STOCKS.
However, Russian oil minister Alexander Novak told a closed-door briefing of energy analysts in Moscow on Wednesday that the deal would be loosely framed with few detailed commitments.
Look out Oil Bulls - Oil headed back to high $30's next week as Saudi (and everyone else) pumps oil to the MAX.
Saudi Arabia demanded on Sunday that Iran join a global deal on freezing oil output, jeopardizing an agreement between OPEC and non-OPEC producers that was supposed to help ease a glut and prop up the price of crude. Of course Saudi's demand fell on deaf ears in Iran since blood is thicker then oil.
Now there reports "thousands" stormed into the Green Zone. Sure looks like Civil War breaking out in Iraq as half of Middle East goes up in Flames. Gold over $1330 an ounce early next week.
or in simple English 10 steps down for every 1 step higher. See you all in low $20's next week as all of OPEC pumps oil like there is No Tomorrow.