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Oil prices tumble as world's storage tanks fill up amid demand shock

Oil prices slumped on Tuesday, extending the previous session’s slide, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased. U.S. West Texas Intermediate (WTI) crude futures skidded by as much as 16% and were off 14.7%, or $1.88 cents, at $10.90 a barrel as of 0158 GMT. Brent crude futures fell to a low of $18.97 and were last down 4.1%, or 82 cents, at $19.17 a barrel. …read more […]

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At $30, Twitter Stock Is Fully-Valued, Says Analyst

Since the onset of COVID-19, social media platforms have been at the center of a tug of war between an uptick in user engagement and ad spend reductions. The problem, though, is that usage engagement is all fine and dandy, but these platforms’ revenue streams are mostly from advertising.Twitter (TWTR) is no different. The social networking site was early to recognize the issue of lower ad spend when it withdrew its previous guidance in March.Wedbush analyst Michael Pachter is “anticipating results in-line with revised commentary,” when Twitter reports Q1 earnings on Thursday, April 30.The analyst believes that, at the midpoint, …read more […]

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Why Conventional Investing Won’t Work This Time

Are you a conventional investor?
Are you happy with knowing a couple of investment strategies… mostly buy and hold?
Well, I’ve got some bad news for you. This market doesn’t take prisoners, and in order to win the war, you need to be well-versed in how to trade through this period of uncertainty.
In The War Room, we use a range of strategies… and we teach you how to use them too. Without a doubt, the most popular strategy we use is short-term options trading. Bryan Bottarelli specializes in getting in and out of trades… quickly. And our 80%-plus success rate year to …read more […]