Stephen Eubanks: Wednesday's Market Pullback and a Bullish 3mo for Oil

Every Wednesday Benzinga Radio brings you up to speed on the week's market activity with Stephen Eubanks, founder and principal of Eubiquity Capital and MrTopStep.

What at first appeared to be a moderately quiet Wednesday, November 16th for markets turned into a spike downward in the last hour of trading today. Eubanks: "It looks like the market is at an exhaustion point trying to get through the year going positive above 1257. [When] everyone is all in, this is what happens."

This week we also discuss the current upward climb in oil prices and look ahead to a shortened Thanksgiving holiday week.