As the chaotic trading in global markets continues, today we truly saw a shocking move.

Shocking Move
September 17 (King World News) – Jason Goepfert at SentimenTrader: 
The jump in crude oil on Monday was one of the most shocking in 30 years. For energy stocks, it tended to be a good sign going forward. Contrary to what many may believe, it was also a good sign for indexes like the Nasdaq Composite, which was positive every time 6 months later.

… The market enjoyed (or suffered, depending on your view) one of its largest one-day gains ever.

5 STANDARD DEVIATION MOVE: One Of Crude Oil’s Most Shocking Days Ever

We’ve looked at “shock days” like this many times across different assets, as it can be the kind of move that triggers a sentiment change among investors. We typically use a market’s one-day percentage change relative to other one-day changes during the past year, adjusted for the standard deviation of those moves, to determine if a move is enough to potentially shock investors.

Monday’s move in oil certainly qualifies, at more than 5 standard deviations outside the norm. When this happened in December, it changed the trajectory of the market, though there were a whole lot of other factors contributing to that one. There is more to this report, including what to expect for gold and the stock market in the wake this type of “shock move” in oil. To subscribe to the internationally acclaimed work that Jason Goepfert produces at SentimenTrader CLICK HERE.

***KWN has now released the powerful audio interview where Dr. Stephen Leeb says the world may see $20,000-$25,000 gold CLICK HERE OR ON THE IMAGE BELOW.

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More articles to follow…

In the meantime, other important releases…

Here Is What To Expect Next For Gold & Oil, Plus A Shocking Chart Of The Day CLICK HERE TO READ

As We Kickoff Trading After Saudi’s Attacked And Crude Oil Is Soaring, Here Is What You Need To Know CLICK HERE TO READ

Oil Spikes $7 And Gold Surges Back Above $1,500 After Drone Attacks On Saudi Oil Facilities CLICK HERE TO READ

Dr. Stephen Leeb – The World May See $20,000-$25,000 Gold CLICK HERE TO READ

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