October 16, 2023

WALL STREET’S CALLOUS CALCULATION BASED ON BACK CHANNELS BRINGING IN STOCK MARKET BUYERS, BITCOIN BOOST

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Callous Calculation

Please click here for a chart of West Texas Intermediate crude oil futures (CL_F).

Note the following:

  • The chart shows that oil is not moving up this morning.
  • The chart shows oil is significantly below the high it reached before Hamas attacked Israel.
  • The reason the oil is not moving up is that the US has threatened Iran through back channels to not escalate the dispute between Hamas and Israel.
  • To back up this threat the US has sent a second aircraft carrier group to the region.
Please click here or the title below to read more.
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