In the Fast Money Happy Hour we go to PJ Clarke’s in New York City to get Monday’s trading buzz.
Greg Troccoli is the director of technical research for Opalesque, a premium newletter read by many hedge funds. He joins the panel for this conversation.
How do you interpret the spike in oil?
The current momentum in crude oil is remarkable says Troccoi. Remember crude was around $49 in January; there’s been a 74% jump in the commodity since then.