Stocks Rise, Oil Tanks
On Monday, 4/6/2020, the DOW again rose by over +1600 points. Interesting that should happen when we are in the lowest sales point of the crisis brought on by the pandemic and oil..
On the same day, OPEC and OPEC+ were originally scheduled to hold a meeting, which was delayed over the weekend by Saudi Arabia. The meeting is now expected to be held on Thursday this week.
However, that meeting is no reason for an increase in the stock market. In fact, it would be reason for a further decline in the market. As of now, it is expected that Saudi Arabia and other…