1pm update – oil and energy

US equities are broadly higher. Meanwhile, WTIC is currently -2.7% in the low $59s. The energy sector ETF of XLE is currently net higher for the week by +2.2% at $48.76.

USO daily

XLE weekly

Summary

WTIC/USO: oil has cooled to $58.96… partly on reduced concerns about Iran

XLE: energy stocks are broadly flat, if set for a fifth consecutive net weekly gain.

notable stock: XOM

New hist’ high, if cooling back
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notable nuclear stock: SMR

The bold will be buying every cooling wave
S/t bullish to the 200dma… $30 by mid March
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Equities: sp’60min

Teal gap set to fully fill, with 7K next week.