US equities are rather powerfully higher. Meanwhile, WTIC is currently +2.2% in the mid $64s. The energy sector ETF of XLE is currently net higher for the week by +0.3% at $81.74.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $64.36, helped by the positive main market. Old support $65s… is new resistance.
XLE: energy stocks are very significantly higher with the main market. The weekly candle is bullish engulfing, spiky on the lower side, and bodes bullish into May.
*I hold OXY and SMR, should drop with SPX 5700s in May/June.
notable stock: OXY
Reflective of the sector. Note the 200dma $50s
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notable nuclear stock: SMR
Massive gains… but wake me up >$19
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Equities: sp’60min
The 5300s are due tomorrow, so long as the market reacts positive to Tesla.




