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If if goes any higher we are going to feel it at the pump...
If it goes any higher, Oil and Gas-US Expl&Prod ind group is going higher, build your list...
Sorry I forgot to post the Ind Group current Rank Oil and Gas-US Expl&Prod is sitting at 73 on Feb 8th, lets see where they go on in the next couple of days...
Ok the Crude Oil report just came out and will there was just a bet more invantory then expected and Crude took a dump, so that puts a damper on my expation of Higher Prices for now...
If you do not already review news releases and reports it a good habit to start...
I review Forex Factory everyday, for what is coming out for the day and the week...
On Feb 9th when I started this Crude was $98.55, today 16th its $102.22 at 2pm, on an unstopable path to $110 and plus Brent tops $120...
Somebody knows something,, Oil and Gas - US Expl&Prod as an Ind Group is now at 63, On Feb 8 it was 73 , so it is doing better, I know what I will be doing this weekend, I will be finding the NEXT, ESTE check out that move...
Make me wonder why Buffett just sold his Exxon? and buys TECH, I guess once buffett is done buying the Nasdaq can come down...
Or maybe he know that at $5 a gallon, that would create price distruction and if not there could be a lot of collateral damage in the econ...
1 pm Feb 23rd Crude is $106.87