Cramer: WTI Could Drop To $40s In ‘Ferocious’ Bear Market
Thursday, 8 November 2018 () WTI Crude prices could drop into the $40s, with the U.S. oil benchmark in a ‘ferocious’ bear market, analyst and CNBC host Jim Cramer said on Thursday. WTI Crude prices slipped on Thursday by more than 20 percent from the four-year high hit just last month, entering bear market territory, as oil production in the United States continues to grow, Russia and Saudi Arabia put a lot more oil on the market, while the global economy and oil demand growth are starting to show signs of slowdown. At 11:47 a.m. CDT on Thursday, WTI Crude was…
Are you ready for a market slowdown? Jim Cramer says that now's not the time to buy and that he and his team over at Action Alerts Plus are eyeing their portfolios carefully. For investors who are worried about their portfolios as the midterms come to an end and all eyes turn towards the end of the...
Investors, here's what you need to know about the midterms and your portfolio. Jim Cramer breaks down what he's looking at when it comes to the midterms, and here's a hint: a possible tech rally is in..
Investors shouldn't get too comfortable with the market just yet. Jim Cramer says that the market is due for a down day after being up the past two days. The founder of TheStreet took a glance at the..
Don't panic. Charles Schwab sponsored a Trading Strategies Panel at TheStreet's teach-in, hosted by TheStreet's founder, Jim Cramer. Panelists included Kristina Hooper, chief global market strategist..
The market has been on a roller coaster ride this week. And whether it's interest rates, tariffs or the market just needing to give back a little of the gains we have been experiencing, it's important..
WTI dipped below $60 per barrel in early trading on Friday, the lowest price level in nearly a year. With prices down more than 20 percent from the October peak,... OilPrice.com - MarketsAlso reported by •SmartBrief