This time, maybe the House of Saud will cut production this go around? Or maybe central banks will start to include oil in their QE purchases? Or perhaps crude will short squeeze higher off some mysterious supply disruption in Nigeria or Canada?
Whatever the case may be, oil is heading up today, and with great vigor and tenacity.
Crude stocks are responding, in kind.
The general market is quite pleased with things, shooting higher by more than 100. We’ve got a Hillary Clinton landslide in the making, $43 crude (sweet baby Jesus), and a whole slew of goodness taking place.
QE for life.
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$ATW needs some lovin.
Gotta love those wonderful click bait reporters at MarketWatch for this gem of a headline with AMZN showing a nice bearish wedge on a weekly chart. “7 reasons Amazon stock will only go higher”. Our best interests at heart I’m sure.
So much bullshit on the internets. $AMZN will go higher and it will go lower—but mostly higher. Don’t trash my emerging trillion dollar market cap company.
Trash it? I’ve owned it since 1994
Make that 1999 one of the first stocks I ever bought. I’m trashing that horrible MarketWatch clown show
2003. We’ve both done well!
I try to stay away from clown shows. Definitely worth trashing and a waste of time.