Saturday, April 4, 2026

September 26, 2009

President Obama G20 Comments

Superheroes know their place in the universe and in the pursuit of being good at something do their best to add value.
-Mr. Volatility

Reactions to President Barack Obama’s comments at the Group of 20 summit in Pittsburgh are the major headlines heading into the weekend. Traders are speaking of a potential “shock” in the oil market, warning oil may trade much higher. According to my work, oil and energy are the most vulnerable sectors in the short term. Any response to geopolitical concerns will reflect in a bid for the US dollar, which will pressure oil lower.

Crude Oil Futures - Weekly

Crude Oil Futures - Weekly



US Dollar Index - Weekly

US Dollar Index - Weekly


Categories: $VIX, mr. volatility, oil, trading

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