MARKET UPDATE: VOLATILITY IS THE NAME OF THE GAME

 

Jack says global markets are still being held hostage by the price of crude.  There is a lot of distrust among the oil producing nations and yesterday the Saudi Oil minister told the world there will be no cut in production. This, of course, will keep the price of crude low which also puts more pressure on equities – as they seem to have a correlation.  As February comes to a close soon Jack looks ahead to March as an important month because it’s the end of Q1 and because of quadruple expiration.

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