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To: 11th_VA
Trump's speech didn't move the market - something happened with oil ... it stabilized ...

That's not true. I was watching oil during the speech and it did NOTHING, while the Dow shot up 770 points.

Then AFTER Trump mentioned buying "a ton" of oil, the price went up nearly $2 per barrel.

443 posted on 03/13/2020 1:04:58 PM PDT by montag813
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To: montag813
buying "a ton" of oil

Yes - that did it. I was working during the speech and was watching Bloomberg (no audio) during the speech. Early in the speech, the market was dropping and I was wondering, "What is he saying," ... "then I saw oil shoot up and the market reverse, didn't realize Trump made that remark.

465 posted on 03/13/2020 1:09:04 PM PDT by 11th_VA (May you live in interesting times - Ancient Chinese Proverb)
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To: montag813

Glad I filled up yesterday


479 posted on 03/13/2020 1:12:20 PM PDT by piasa (Attitude adjustments offered here free of charge.)
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