US equities are a little higher. Meanwhile, WTIC is currently +0.6% in the $94s. The energy sector ETF of XLE is currently net higher for the week by +3.6% at $82.33.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $95.40, but has seen some rather powerful cooling to $92.79, only to then swing to the upper $94s, on reports the Iran nuclear deal is off.
XLE: early gains… but swinging lower with WTIC, and back to net higher. Weekly momentum prone to turning positive next week.
notable stock: XOM
A new multi-week high… but pulling back.
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notable stock: SLB
Higher with the sector. Today’s candle is a little spiky. Cyclically high, and the cautious will be such!
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Equities: sp’60min
A little cooling, but we should hold the early low. Teal gap remains due.