sp'daily5
USO'daily2
Summary
*the weakness in Oil is going to put some degree of downward pressure on the market for the remainder of the year.
.. but then, I see lower energy prices as bullish. Or maybe you'd like to pay more for gasoline and your domestic fuel?
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Hard to call whether we'll close marginally higher.. or lower. There are certainly some strong decliners today in commodity/energy land though...
Nat' gas, CHK -4%
Coal miners, CNX -8%
Oil/gas drillers, RIG, -4%, SDRL -8%
FCX -6%, lower for the sixth consecutive day.
Apache (APA), -6%, as takeover chatter cools
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Here in London city...
Not exactly inspiring, at least another five months until its warm and bright again.
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VIX update from Mr T.
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time for lunch