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Why this oil rally is not permanent

After weeks of cloudiness, the oil market is picking up again. However, it is not clear how long the upcycle will last. OPEC admitted this week that it may need to maintain production cuts, possibly beyond its recent expansion, as US shale production is rising sharply. A combination of geopolitical tensions in the Persian Gulf, defaults in Venezuela and Iran, …

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Getting nervous? Trump is planning a big rally on the same day as Mueller

President Donald Trump seems to be setting up a counter-program for an undoubtedly fierce news day: he has scheduled a rally for July 17, the day on which former Special Adviser Robert Muller will appear before Congress. With a 7 p.m. Start time for the event, which means Trump will probably be in the middle of primetime television. If the …

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Trump is planning a rally in North Carolina on the same day as Mueller

President Trump will hold an election rally in North Carolina on July 17, 2020, on the same day that former Special Representative Robert Mueller is scheduled to appear before the congress. The President's re-election campaign has announced that a "Keep America" ​​will be held there. Big rally at the Williams Arena in Greenville that day. The timing of the rally …

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Bitcoin cracks $ 13,000 on sustained rally

Wednesday, June 26 – Bitcoin (BTC) has crossed the $ 13,000 mark, according to Coin360, and many of the top 20 cryptocurrencies posted double-digit gains that day. Market Visualization Courtesy of Coin360 BTC $ 12,000 The lead coin rose more than 16% that day. Today Bitcoin's market dominance has risen to over 60% for the first time since April 2017. …

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Why you should keep your eyes open at this rally in June

Be careful what you wish for. The Dow Jones Industrial Average DJIA, + 0.23% based on the Fed's return to its loose monetary policy, is in the best June since 1938. Read: The Dow could be 30,000 Meet faster than you think and the S & P 500 SPX, + 0.07% surged 7.7% to Friday's high, making the market's breadth …

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