US equities remain in minor chop mode. Meanwhile, WTIC is currently -0.1% in the mid $83s. The energy sector ETF of XLE is currently net lower for the week by -0.2% at $90.95.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $84.38, if cooling to the low $83s. One down day does not maketh a trend. Bullish… with Israel/Lebanon a high threat.
XLE: energy stocks saw early sig’ gains fully faded… pressured by oil.
notable stock: CVX
Reflective of the sector. Yesterday’s black candle played out.
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notable stock: OXY
Today’s candle is bearish engulfing.
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Equities: sp’60min
Chop chop… chop.
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*yours truly is struggling, but I did manage lunch… so I guess I’ll make it through the afternoon.