sp'60min
Summary
The strong swing in Oil (from gains of >2%), to -1.6% is really restraining this mornings equity attempt to rally.
Again, the underlying issue of supply has not in any way been resolved. Sustained price action under the $40 threshold looks probable... and that sure won't help the energy stocks.. nor broader market.
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notable strength/reversal...
AAPL, daily
Finding support around rising trend.. although yes.. its far from perfect. Those equity bulls seeking hyper-upside are clearly going to need to see AAPL >$132... preferably by year end... but that sure won't be easy.
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Meanwhile... here in London city...
A bit windswept, showery... but it sure ain't cold... 50/55f.
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time for an early lunch