US equities mostly remain sig’ lower. Meanwhile, WTIC is currently -2.6% in the mid $72s. The energy sector ETF of XLE is currently net lower for the week by -1.5% at $89.94.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $72.38, largely pressured by the weak main market.
XLE: energy stocks are very sig’ lower with oil and the main market. Weekly momentum is still positive… if fractionally.
notable stock: OXY
I have to think Berkshire/Buffett will be adding.
I hold two blocks.
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notable nuclear stock: SMR
Nuclear stocks smashed lower on concerns of lower demand for mini nuke plants, if less data centers… due to DeepSeek.
Having sold from the mid $24s, I should buy back… but there is arguably no hurry. Besides… I lack spare cash.
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Equities: sp’60min
S/t cyclically very low, prone to bouncing.
Clearly set for very significant declines.
Secondary wave… natural floor… red gap… around 5900, if more likely Wed’ afternoon/early Thurs’.