Investors Got Caught In The Sub $50 Oil Hype, Here Are Three Major Factors Oil Is Going Up, Not Down
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Chief Market Strategist analyzes the hype that ensued over the weekend as news of Venezuela spread. Investors and social media talking heads were screaming oil would open sub $50 per barrel. However, oil is higher today and the chart signals a breakout is coming. Gareth explores the THREE factors that told investors oil was not going to drop on the news. He discusses the need for a logic based approach to investing and how social media gets carried away, triggering emotion.
Video Length: 00:08:32
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