Last night, energy expert Steve Craig wrote “oil should trend on down… the next big downside hurdle is 54.85.” Right on cue, crude plunged 8% today, its biggest drop in four years. Volatility spiked again, with VIX jumping 20% at one point. And 10-year yields hit a three-year low. Need guidance?
Last night, energy expert Steve Craig wrote “oil should trend on down… the next big downside hurdle is 54.85.” Right on cue, crude plunged 8% today, its biggest drop in four years. Volatility spiked again, with VIX jumping 20% at one point. And 10-year yields hit a three-year low. Need guidance?
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