1pm update – oil and energy

US equities remain moderately higher. Meanwhile, WTIC is currently +2.3% in the upper $57s. The energy sector ETF of XLE is currently net higher for the week by +1.1% at $44.25.

USO daily

XLE weekly

Summary

WTIC/USO: oil printed $58.13, helped by the moderately higher equity market, and the moderately weaker dollar.

XLE: energy stocks are moderately higher with the main market and oil.

notable stock: OXY

Leading the sector upward.

notable nuclear stock: SMR

Renewed data center hysteria.
The bold will be buying/adding

Equities: sp’60min

S/t cyclically high. Prone to cooling… but that won’t be easy within a holiday week.