Market Roundup: Skeptical about OPEC deal, S&P 500 looks heavy - Tip TV

Will the OPEC members respect the rules of the game? Will the non-OPEC producers cut their output or take advantage of the higher prices?

Alessio Rastani from LeadingTrader.com and Tip TV’s Zak Mir believe the OPEC deal may not last long enough.

Rastani also calls a short-term top in S&P 500 on the basis of ‘smart money’ and ‘dumb money’ positioning. The panel also sheds light on broker forecasts, Oanda forex market sentiment.

Tip of the day from Alessio Rastani- Invest in mobile security stocks. Listen to the full segment to know the rationale behind the bearish view on S&P 500 and the bullish view on mobile security stocks.

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