Crude Opportunity

Published on
27 September, 2018
Topic
Oil, Trading, Technical Analysis
Duration
10 minutes
Asset class
Commodities

Crude Opportunity

Featuring Mark Newton

Mark Newton, president and founder of Newton Advisors sees a technical breakout in crude oil. In this interview with Brian Price, Mark reviews the fundamentals driving the move, as well as the technical catalysts he’s looking at now. Filmed on September 25, 2018.

Published on
27 September, 2018
Topic
Oil, Trading, Technical Analysis
Duration
10 minutes
Asset class
Commodities
Rating
13
Sharing

Comments

  • DC

    Dan C.

    5 12 2018 07:18

    0       0

    Sooooo about that crude long. Lol.

  • CL

    Chris L.

    4 11 2018 05:50

    1       0

    😂 how'd this work? Technical analysis on it's own is nearly useless.

  • TS

    T S.

    16 10 2018 02:00

    0       0

    Which indicators does Newton look at? Not a fan of $USO; trade crude futures.

  • MP

    Máté P.

    1 10 2018 22:19

    0       0

    Well, timing on this couldn't have been better. Thanks for the great idea Brian!

  • JS

    James S.

    1 10 2018 19:41

    1       0

    Well, that was a great trade idea! :D Thank you.

  • SH

    Syed H.

    27 9 2018 17:32

    0       0

    Why didn't Mr Newton go into UWT? That's a more, ahem, 'fluid' option to USO, no?

  • MC

    Minum C.

    27 9 2018 15:55

    3       1

    About 25% of Iran's crude oil is exported to China. Another 25% is exported to India. The EU gets 20%. Japan and South Korea receive under 20%. Turkey gets the rest. What happens to Brent and by extension WTI should China ignore sanctions on Iran? Will India comply? I read somewhere Macron suggested the EU should grow a pair (referencing sovereignty of European nations). It seems rather naive to assume every nation is going to bend over for America. If it's just a momentum trade with stop losses, then why bother bringing up the geopolitical fundamentals.

  • PU

    Peter U.

    27 9 2018 11:00

    5       0

    Brian only gets better!

  • ZY

    Zheng Y.

    27 9 2018 10:35

    0       0

    Mark is the best with great honesty.