GUSH has surged up from the August low by more than doubling. Oil strength has continued as the massive inflationary blast approaches. Oil crisis is beginning to occur worldwide as gasoline and energy prices spike. Weekly
If the 200 day ma is below SPX 4200 ---Looks possible in the short term ---they are trying to get this a little higher by tomorrow---next week should see more weakness
Oil is where the action is...top trade
ReplyDelete"U.S. crude oil price tops $80 a barrel, the highest since 2014"
ReplyDeletesc,
ReplyDeletehard to tell but the market should- but this should be a down week!
OCGN perking up. It has consolidation forever since May. In general the longer the consolidation the more potential for a strong breakout.
ReplyDeleteVolume is still light. It needs another up week to wake up.
Deletesc,
ReplyDeleteEither a gap to new lows or a higher low and we bounce---it is predictive and very toppy--let's wait and see?
Are we finally ready to test the 200 day ma?
ReplyDeleteSC / Dennis
ReplyDeleteIf the 200 day ma is below SPX 4200 ---Looks possible in the short term ---they are trying to get this a little higher by tomorrow---next week should see more weakness
Putin Says $100/Bbl "Quite Possible"
ReplyDeleteSlow comment board. "Let's go Brandon."
ReplyDeletesc / dennis
ReplyDeleteThe fed is on Full blast---no shorting to Powell is taken out by Warren
Let's wait and see?
sc,
ReplyDeleteThey are using the stock market and the big banks as a political football!
This will not end well!