Oil is spiking, and stocks aren't blinking. What's actually going on?
In this episode of Futures Edge, Jim Iuorio and Bobby Iaccino break down why crude oil keeps climbing, equities shrug it off, what the UAE's exit from OPEC means for global oil prices, and why Venezuela could become the wildcard that reshapes US energy independence. They also walk through the technical setups they're watching on Apple, the Mag 7, and Nvidia heading into earnings.
Plus: why silver may be quietly becoming a copper substitute, the Tesla entry Bobby missed and what he's doing about it, and the trade from their newsletter that hit all three profit targets in a single gap-up move.
Timestamps: 01:30 Stocks vs Oil Disconnect: Why the Market Doesn't Care 03:00 CME Trade Against the Pro Challenge Recap 05:00 Apple Analysis: Danger Zone at 7-8% From the 50MA 08:00 Has the Market Gotten Numb to Volatility 11:00 Crude Oil Breakdown: Grinding Lower or Supply Shock Ahead 13:30 Goldman Sachs Note: Emergency Oil Reserves Running Out 15:00 UAE Leaves OPEC: What Happens to Oil Prices Now 18:00 Venezuela Oil: the Wildcard No One's Talking About 20:00 Mag 7 ETF Analysis: Room to Run 22:30 IonQ vs Rigetti: Which Quantum Computing Stock 27:00 Palo Alto (PANW) Breakdown 29:00 Silver vs Copper: the Sulfuric Acid Connection 32:00 Tesla Missed Entry: Bobby Explains the Process 35:00 Newsletter Trade of the Week: Monster Beverage 39:00 Spirit Airlines Bankruptcy and Airline Deregulation
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