The best way to spend your “quarantine savings”

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The Hawkeye Traders E-Letter — Your No. 1 Source for Volume Trading Insights

Hi Trader,

There's no question that the coronavirus has taken a massive toll on the economy.

Millions are out of work…

Markets are an erratic mess…

And businesses across affected industries are going bankrupt or barely hanging on.

Of course, they say that every cloud has a silver lining.

And if there's one to be found in the midst of social distancing and stay-at-home orders…

It's that some folks have been saving a significant amount of money each month that they'd otherwise be spending.

Think about it:

Childcare…

Gas and transportation…

Your daily Starbucks…

Dining out…

A night at the movies…

For the past six-plus weeks, Americans have collectively saved millions on these types of expenses.

In fact, one site reported that the average family is saving roughly $1,700 a month during quarantine!

Now, obviously that doesn't mean much to someone who's lost their job in the wake of this mess.

But if you're someone who's been fortunate enough to work remotely…

And you're wondering how you can best leverage those dollars you've been saving by staying at home…

Why not invest them into your future?

Look, the truth is there's never been a better time to get into the markets.

Because even though it may seem scary from the outside looking in…

The reality is that times of extreme volatility like we're seeing right now…

Are actually the most advantageous times to trade.

So if you've been looking for a reliable system to help you navigate the markets with confidence...

Then I urge you to click here and view our no-cost training presentation on the Hawkeye and V-Swarm methodology…

And see how you can start putting those quarantine savings to work for you!

"Crude Corner": Oil Industry Insights, Market Analysis and Price Outlook

The late-week rally we experienced last week was likely being fueled by short-covering rather than speculative buying.

Nothing has changed in the fundamentals to turn the energy complex bullish in the last several days.

Oil remains under pressure and will continue to be for a little while, as world economies are attempting to reopen very slowly in the United States and Western Europe, although resumption in China still remains further down the line.

With May 1 approaching fast, the big question is how will the supply side deliver?

Prices could continue to firm up for this week if more OPEC+ members announce early production cuts.

An escalation of military activity in the Middle East would also be a driving factor for high prices.

However, the wildcard will be the announcement of oil output cuts made by the United States oil producers.

This news could potentially trigger a steep short-covering rally.

The demand destruction is expected to continue, but may slow down a bit if the COVID-19 curve continues to flatten.

Once the coronavirus is under control, output should rebound as well as prices, but don't expect output or prices to return to pre-virus levels for quite some time.

Click here for more insights, analysis and outlook on this week's crude oil action!

The Hawkeye Team

Hawkeye Traders
team1@hawkeyetraders.com
hawkeyetraders.com

Call us: (888) 233-8598

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