Oil Could Make The Stock Market Crash
With oil down big again today, furthering the bear market it entered and more than 10% correction, it made me think the potential effect oil could have on the stock market. Although it has been widely talked about, the big reason for why oil has been down hasn’t really hit the markets so I think there is a potential for oil news to move the market. If oil goes down from here and rapidly, assuming no other news like china trade war or fed neutral rate, changes then the market could see a negative effect. Puts on oil are expensive so be careful and look for deals on a bounce or secondary plays to play through oil that will move.
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