WAR what is good for ? Absolutely profit say it again. #SAUDI stock market chart.
On the Day that the UK government has authorised military strikes against Yemen.
I take a quick glance at the Saudi stock and see a #HVF in progress.
Saudia Arabia as version of the #UAE, as it reinvents itself
is the investment thesis,
if your morals allow.
We can get upset about geopolitics
But the war machines are powerful and keep grinding...
at least put you and your family in a better position financially is the most practical path for us to take on a personal level.
@TheCryptoSniper
#HVF
Yemen
GLOBALISTS AT IT AGAIN, OIL PRIMED TO RUN (BCOUSD)Hello traders.
This weekend, YEMENI REBELS have taken credit for a MAJOR DRONE STRIKE on Saudi Oil production, affecting their total output by HALF and therefore decreasing global supply by 2.5%.
Shortly thereafter, American officials turned to IRAN to place blame. The American government has been pining for this conflict for a very long time. With any luck, whatever your political leaning might be, President Trump will see through this facade and keep the brave American military OUT of such a conflict. There is no excuse for the exchange of human life for profit!!!!
All this to say, BAD FOR EARTH, GOOD FOR OIL SPECULATION.
The technicals on Brent Crude, though somewhat 50/50 in my eyes, show CLEARLY that oil indeed has room to run here. This Black Swan event could be the perfect catalyst to cause a major spike in price.
There isn't much more to say. I will be taking a market trade here with a relatively tight stop. This will be a low Risk high Reward trade.
Good luck everyone.
Most importantly, stay safe my friends.