Avoiding Herd Mentality When Trading Commodities

The market generally does the opposite of what people are thinking, notes Carley Garner. She gives an overview of commodities as crude oil is trading near two-week lows. She talks about how it’s easy to get caught up in the narrative of the day, so it’s important to avoid the herd mentality when trading commodities. She highlights inflationary pressure’s impact on crude oil this year. She outlines how supply has dominated the crude oil conversation near the end of the year. She then goes over the outlook for crude oil futures in 2024. Tune in to find out more about futures and the stock market today.