Oil Surges, Stocks Shrug | What's Actually Happening
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Oil is spiking, and stocks aren't blinking. What's actually going on?
In this episode of Futures Edge, Jim Iuorio and Bobby Iaccino break down why crude oil keeps climbing, equities shrug it off, what the UAE's exit from OPEC means for global oil prices, and why Venezuela could become the wildcard that reshapes US energy independence. They also walk through the technical setups they're watching on Apple, the Mag 7, and Nvidia heading into earnings.
Plus: why silver may be quietly becoming a copper substitute, the Tesla entry Bobby missed and what he's doing about it, and the trade from their newsletter that hit all three profit targets in a single gap-up move.
Timestamps:
01:30 Stocks vs Oil Disconnect: Why the Market Doesn't Care
03:00 CME Trade Against the Pro Challenge Recap
05:00 Apple Analysis: Danger Zone at 7-8% From the 50MA
08:00 Has the Market Gotten Numb to Volatility
11:00 Crude Oil Breakdown: Grinding Lower or Supply Shock Ahead
13:30 Goldman Sachs Note: Emergency Oil Reserves Running Out
15:00 UAE Leaves OPEC: What Happens to Oil Prices Now
18:00 Venezuela Oil: the Wildcard No One's Talking About
20:00 Mag 7 ETF Analysis: Room to Run
22:30 IonQ vs Rigetti: Which Quantum Computing Stock
27:00 Palo Alto (PANW) Breakdown
29:00 Silver vs Copper: the Sulfuric Acid Connection
32:00 Tesla Missed Entry: Bobby Explains the Process
35:00 Newsletter Trade of the Week: Monster Beverage
39:00 Spirit Airlines Bankruptcy and Airline Deregulation
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