[Stock Watchlist] The Major Catalyst Last Week

Hope you’re enjoying the weekend. Oil was a major catalyst over the last week. After diving well into negative territory on a severe lack of demand, and far too much supply, oil began to pivot higher. However, it’s not time to rush back into oil just yet. The only reason oil is ticking higher is because of hope for further production cuts, and President Trump’s threat to Iran in the Persian Gulf. Other than that, there are no real reasons to get excited about an oil price recovery. For one, demand will not return any time soon thanks to the coronavirus, and two, there’s so much supply we’ve run out of places to store it. [Free: Recession Income Bible]( [ad] This free guide reveals 53 ways to generate income during a recession. [Download today! Free: The Recession Income Bible]( One analyst says oil could plunge to negative $100. “Oil is difficult to handle and if you can't put it anywhere, it becomes an environmental liability literally. So, over this next month storage is now effectively full, you could see some extreme negatives in terms of prices offered,” Paul Sankey, managing director at Mizuho Group, told Yahoo Finance. While we hope it doesn’t come to that, far too much supply could make it a possibility. [As we wait to see what happens next in the markets, here’s what is piquing our interest.]( [>> Click Here for This Week's Watchlist <<]( DISCLAIMER: This communication includes advertising material and PAID ADVERTISEMENTS provided to our customers. Stocks and options 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 stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. For full disclaimer information, click [here.]( Weekly Investor Alerts, 180 N Stetson Avenue Ste 3500, Chicago, Illinois 60601, United States You may [unsubscribe]( or [change your contact details]( at any time.