US equities remain a little choppy. Meanwhile, WTIC is currently -6.6% in the $96s. The energy sector ETF of XLE is currently net lower for the week by -3.1% at $68.76.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $95.97. I’d keep in mind the 200dma… $92s (soon… $93s)… which is clearly viable tomorrow.
XLE: energy stocks are having a rough day, with oil $95s. Early Wed’ threatens a red open, but I’m inclined to see a whipsaw upward, for a sector that is s/t cyclically low.
*I hold long via SLB, KMI, RIG, CHPT
I want to pick up OXY early Wed’, and add to the existing quartet on ANY weakness.
notable stock: KMI
I comfortably hold.
–
notable stock: SLB
I comfortably hold.
—
Equities: sp’60min
The micro chop continues.