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StockNews.com
StockNews.com
Business
Tim Biggam

3 Big Reasons Why We Shorted Oil Stocks-How We Did It-And Why We Just Covered

Certainly, markets overall have been volatile and chaotic recently. The recent push past 4.5% on the 10-year Treasury yield seems to be the main catalyst for taking stocks lower and interest rates higher.

Even oil prices weren’t immune as the price of crude dropped sharply from over $93 barrel to end September to under $83 barrel to end the first week of October.

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