Uncle Sam in action (Brent Crude Oil reacting)

in #crudeoil5 years ago (edited)

https://www.tradingview.com/chart/Ptv41VXt/
crude oil.png


Screenshot 2020-01-03 at 14.04.30.png

Earlier in 2019

https://en.wikipedia.org/wiki/2019_Abqaiq%E2%80%93Khurais_attack
Screenshot 2020-01-03 at 14.58.16.png

Someone who knew that, could make a lot of money

You can hack earnings announcement, or you can hack the company itself and announce the breach.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3365024

Retail Insider Trading and Market Price Efficiency: Evidence from Hacked Earnings News.

Sounds like an interesting paper to read...