http://www.youtube.com/watch?v=ZObai6jztYg
Crude oil is getting whacked into the bell, as the war talk is leading to a surprisingly benign market.
We have seen quite a few points attempts over the past two weeks in the broad market, with the tech leaders holding firm as laggards like XOM struggle to hold a bounce, seen below on the daily.
I will cover that issue and plenty more in my video recap after the bell.
See you there.
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Chess: You are ONLY 33! No reason for you to know this Classic! But playing it LOUDLY RHRN.
Thanks.
Oh yeah…Thanks for XOM Update! (Was it hated this much after the Exxon Valdez disaster?)
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Exxon Valdez oil spill was about 24 years ago…You would’ve been 9…So, Never Mind.
But believe me, it was very, very BAD!
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It’s not that it’s war, it’s where the war is taking place. Syria isn’t oil heavy like Afghanistan or Iraq. There may be implications involving oil at some point, but it shouldn’t rally just because rumors of war when the war may not even impact oil all that much.