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Natural gas prices in Europe jumped 40% IN ONE DAY! Mike, Josef Schachter and Victor Adair all weigh in on what it means for investors and the global economy. And what are the ramifications of Facebook, Instagram and WhatsApp crashing on Monday – beyond the stock price plunging. Plus an important quote of the week, shocking stat, aaaaaaaaand The Goofy!
All starting right here at 8:30am Saturday October 9th.
“Listen to the free online and podcast-only MoneyTalks show Saturday mornings at 8:30am pacific or whenever it works for your schedule. Listen on our website or via our podcast feed. You can also listen and subscribe to Mike’s YouTube channel.”
Former President Trump is criticizing former President George W. Bush for backing Rep. Liz Cheney’s (R-Wyo.) effort to keep her seat in what will likely be a hotly contested GOP primary.
In a statement released late Wednesday through his Save America PAC, Trump slammed Bush and his longtime political adviser Karl Rove for endorsing “warmongering and very low polling, Liz Cheney.”
“Bush is the one who got us into the quicksand of the Middle East and, after spending trillions of dollars and killing nearly a million people, the Middle East was left in worse shape after 21 years than it was when he started his stupidity,” Trump said.
He added that the conflict “ended with Biden’s most embarrassing in history withdrawal from Afghanistan.”…read more.
The price of WTI crude oil could be headed for a jump of between 20 percent and 50 percent, judging from a bullish breakout pattern that suggests a major rally could be coming for an asset, and that has occurred just three times for crude this century, an equity strategist told CNBC this week.
“Crude oil has seen what’s called a golden cross on its weekly chart,” Matt Maley, Equity Strategist at Miller Tabak, told CNBC’s “Trading Nation” program.
The so-called golden cross appears on a chart when the short-term moving average of an asset crosses above its long-term moving average. The gold cross chart pattern points to a potential for a major rally…read more.
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Inside Edge Pro Contributors
Greg Weldon
Josef Schachter
Tyler Bollhorn
Ryan Irvine
Paul Beattie
Martin Straith
Patrick Ceresna
Mark Leibovit
James Thorne
Victor Adair