The short tech trade, rising oil prices, and fake news out of the cryptocurrency space
Ed Moya, Senior Market Analysts at OANDA joins us to discuss some of the more noteworthy headlines and market data he is seeing. We start with the tech sector and Ed’s noting of a general unwind of the large short trade recently. We then look at the oil price that has rebounded and how another tropical storm could impact price. Finally it’s back to cryptocurrenies and what turned out to a a fake news story out of Walmart regarding Litecoin.