
BUYING IN STOCKS AS SPECULATION OF BIDEN APPEASING SAUDI ARABIA BUILDS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Biden May Appease Saudi Arabia Please click here for a chart of oil futures (CL_F). Note the following: The big concern for the stock market is inflation. Rising oil prices are contributing to inflation. The chart shows a spike in oil on the EU plan to partially ban Russian oil. Leading up to the EU’s decision, the news was already built into the oil price. Less knowledgeable investors bought on the news. Smart money sold oil on the strength. The chart shows a selloff in oil





