Can You Make Money in the Declining Oil Market?

The video discusses the impact of OPEC's decision not to cut oil production, leading to a drop in oil prices. Experts Greg Bender and Todd Horowitz analyze the market reaction, with Horowitz suggesting a trading strategy to buy oil at $65 and sell at $70. The discussion covers market volatility, the role of speculators, and the importance of trading dominant futures contracts with high liquidity.

What was the immediate market reaction to OPEC's decision not to cut production?

• Oil prices remained stable.

• Oil prices increased significantly.

• Oil prices dropped below $65 a barrel.

• Oil prices rose above $70 a barrel.

What is Todd Horowitz's trading strategy in the current oil market?

• Buy oil at $70 and sell at $80.

• Buy oil at $65 and sell at $70.

• Sell oil at $65 and buy at $60.

• Hold oil until prices stabilize.

What does Todd Horowitz anticipate after selling oil at $70?

• Oil prices will remain volatile.

• Oil prices will drop to $60.

• Oil prices will rise to $80.

• Oil prices will stabilize at $70.

What is the significance of the dominant futures contract in trading?

• It is the least liquid contract.

• It has the highest open interest and is most liquid.

• It has the lowest open interest.

• It is the most volatile contract.

How might the volatility in the oil market affect other asset classes?

• It will only affect the oil market.

• It will stabilize other asset classes.

• It could lead to increased volatility in other markets.

• It will have no effect.