The unexpected drop in oil prices from around $90 to $70 is attributed to weak demand, particularly from China, and an oversupply in the market.
Traders are employing a dual strategy of shorting gasoline and distillates while simultaneously going long on West Texas Intermediate and Brent crude oil.
For investors looking at high-yield options, Master Limited Partnerships (MLPs) are a consideration, though Alerian MLP ETF (AMLP) offers an easier approach without K-1 tax forms.
We are seeing a changing of the guard in the market, with new players emerging, and there's potential for 'The Next Nvidia' to experience significant growth.
Collection
[
|
...
]