1pm update – oil and energy

US equities are choppy, if very significantly higher. Meanwhile, WTIC is currently -2.3% in the mid $62s. The energy sector ETF of XLE is currently net lower for the week by -0.2% at $81.36.

USO daily

XLE weekly

Summary

WTIC/USO: oil cooled from $64.87 to $61.53, partly pressured by the rebounding dollar.

XLE: energy stocks are broadly flat… restrained by oil. S/t bullish into May.

notable stock: OXY

A higher high… if currently moderately lower.
Momentum has turned positive.

notable nuclear stock: SMR

Set for powerful gains.

Equities: sp’60min

… its just some cooling.