Why Blue Line's Baruch Sees Oil Hitting $80 in 2018

The video discusses the impact of American crude inventories, a global heat wave, and trade talks on the market. Bill Berg from Blue Line Futures provides insights into crude oil trends, highlighting resistance levels and potential price movements. The discussion also covers market volatility, with a focus on VIX trading and the performance of indices like the Russell and NASDAQ. Additionally, the video explores interest rates and yields, predicting a peak in the interest rate hike cycle and its implications for the market.

What was a significant factor contributing to the potential rise in crude oil prices according to Bill Berg?

• A significant drawdown in crude oil inventories

• Increased demand for oil in Europe

• New oil reserves discovered in the Middle East

• A decrease in global oil production

What is a key factor contributing to market volatility during the earnings season?

• Consistent growth in the NASDAQ

• Significant declines in some stocks

• Lack of any market fluctuations

• Stable performance of all stocks

Which index is mentioned as holding ground more effectively during market volatility?

• S&P

• Dow Jones

• NASDAQ

• Russell

What is expected to happen to the 10-year yield as the interest rate hike cycle peaks?

• Yields will fluctuate unpredictably

• Yields will decrease over time

• Yields will remain stable

• Yields will increase significantly

How many interest rate hikes is the Fed expected to implement this year?

• Five

• Four

• Three

• Two