4.2 • 1K Ratings
🗓️ 15 May 2023
⏱️ 31 minutes
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0:00.0 | Hey everyone, if you like this podcast, go behind the paywall to get privileged access |
0:06.8 | to the smartest minds and finance. |
0:08.9 | Visit ReelVision.com slash RVPod and use the promo code podcast10 at podcast10 to get |
0:16.1 | 10% off our essential membership for the first year. |
0:19.0 | Join the ReelVision community and learn how to become a better investor. |
0:22.1 | And now to the top analysis of today's markets. |
0:33.0 | Is oil forming a bottom? Hi everyone. Welcome to the ReelVision daily briefing with me today's |
0:37.5 | Tony Greer editor of the morning navigator newsletter. Tony, it's great to see you. |
0:42.4 | And you, Maggie, how are you doing today? |
0:43.9 | I'm doing okay. A little allergies, but other than that doing pretty good. |
0:48.0 | Yeah, we were I sneezing right before I came on air everyone. |
0:51.5 | Tony and I were commiserating. That's what you have to do at this time of year on the East Coast |
0:56.1 | of the US. But we, you know, we're watching the markets and it was pretty quiet today, but we did |
1:02.8 | notice that oil prices finally started moving a little bit higher. But it seems that the market |
1:08.7 | is kind of bouncing between growth and supply concerns. I don't know. What are you what are you |
1:12.6 | thinking about oil these days? Oil, I've been flat for a long time. I've been flat for a couple |
1:18.0 | of months now and I'm in the spectators' seats just like everyone else at the moment. |
1:23.7 | You know, it hasn't been able to do anything technically exciting on the upside, you know, |
1:29.0 | in months now. You know, we had that a little bit of, you know, we had the little shake-up on the |
1:33.8 | OPEC price cuts that turned out to be, you know, we closed that gap that they gapped open from |
1:41.0 | and kept heading south. But that turned out to be very much a non-event in this sort of |
1:46.4 | tidal wave deflationary tape that we're pricing in right now. And so that's kind of how I'm |
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