
Traders Who Bought Oil at $79 Learn Why Timing Beats Timing
Key Points
- Oil prices dropped from $79 to $64 in less than a week due t...
When oil prices hit $79 per barrel on June 22, someone somewhere was probably patting themselves on the back for their brilliant commodity play. Three days later, with crude sitting at $64, that same person was likely questioning their life choices and googling "how to cancel a Lambo order."
The Asia-Pacific markets just served up a masterclass in why geopolitics and your portfolio have a complicated relationship. After getting absolutely hammered earlier this week when U.S. airstrikes on Iran sent the Nikkei 225 and South Korea's Kospi into free fall, markets bounced back faster than a rubbe...
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