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Commodities Check: Crude Oil Heading Lower Without ‘Significant’ Catalyst?
Manage episode 501424299 series 3645668
Dan Deming looks at the commodities market as equities extend Tuesday losses. He examines gold and crude oil, the latter of which had a “bigger draw than anticipated,” concerning the energy market. He thinks crude can continue to move to “new lows” unless there is a “significant shift in economy activity.” He also breaks down what’s happening in the CBOE Market Volatility Index (VIX).
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7476 episodes
Manage episode 501424299 series 3645668
Dan Deming looks at the commodities market as equities extend Tuesday losses. He examines gold and crude oil, the latter of which had a “bigger draw than anticipated,” concerning the energy market. He thinks crude can continue to move to “new lows” unless there is a “significant shift in economy activity.” He also breaks down what’s happening in the CBOE Market Volatility Index (VIX).
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
7476 episodes
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