US equities remain in minor chop mode. Meanwhile, WTIC is currently -0.9% in the $80s. The energy sector ETF of XLE is currently net higher for the week by +2.4% at $90.17.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $81.79, if cooling back into the $80s. Set for a net weekly gain of around +3.2%.
XLE: energy stocks are choppy, with the sector currently marginally lower. S/t bullish with oil.
notable stock: SLB
Schlumberger leading the sector back upward.
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notable stock: OXY
Its pretty safe to assume that Berkshire will be buying more… sooner, rather than later.
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Equities: sp’60min
Chop chop… chop… but then its quad-opex.
S/t structure is a bear flag, and I’d be open to orange gap next week.