The Suez Is Open… Here’s What That Means For Traders

The Suez Is Open… Here's What That Means For Traders

Hey Trader, What started as an embarrassing moment for the cargo ship Ever Given's captain turned into an international incident that threatened the flow of crude oil. The Suez sees billions of barrels of oil pass through as ships bring it to Europe. If this gets blocked, then oil prices are sure to rise. And that's exactly what happened. After plotting a course that drew quite an inappropriate image (don't Google it at work), the Ever Given proceeded into the Suez Canal… Only to get stuck halfway through. As you'd expect, oil prices went up… AND 13% of global trade ground to a halt. No one could get their ships through the canal. Fortunately, 8 days later, they unstuck the ship. The Suez is finally open again for business. But there's more to oil prices than a ship drawing a crude (pun intended) image in the ocean, then lodging itself into one of the world's most important shipping lanes. Let's look at why oil might be set to rise in price… [Video] Top Trader IDs Textbook Breakout Formation… Get The Ticker Symbol Here My friend Ross has done it again. He's spotted a textbook breakout that's forming on a stock that has seen multiple pops over the past six months… And it's poised to do it again. He posted a video analysis to walk you through the chart and explain exactly what qualifies this as a huge opportunity… And he's even giving you the ticker symbol, too. Click here to see the video and get a free tip from a trading pro! In Case You Missed It Huge Hedge Fund Blunder Benefits Retail Traders In A Big Way Trading Advice From Michael Jordan One Reason Why I've Traded One Market Exclusively For A Decade To big profits and beyond,  Anthony Speciale Jr Editor & Chief Investment Strategist, Big Energy Profits Hawkeye Traders team1@hawkeyetraders.com hawkeyetraders.com Call us: (888) 233-8598 DISCLAIMER: * Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of future results. CFTC Regulation 4.41 These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. We'll always treat your personal information with the utmost care and will never sell it to third parties. You can find out more about what data we hold about you, why we need it, and how we keep that information safe in our Privacy Policy.

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