Here's why OPEC+ has no choice but to release oil.
Let's review the charts and indicators.
This week's big energy story? A giant container ship is stuck in the Suez Canal and could be stuck there for days.
There is no shortage of oil, there never was.
Following both for potential buy setups.
Here's a hypothetical trading idea.
Holly Energy Partners is a master limited partnership that trades like a stock and can be a friend to your portfolio.
As governments pile on the cash amid COVID, let's look at how the headlines could move oil and bonds -- and how the two are 'bonded' together.
For now, they have achieved their objective, showing President Biden firmly who is in charge.
The key question is will the bond market hold here or has the Fed already started working behind the scenes supporting it?