OIH down mainly due to  8.5% drop of SLB.  Others such as  HAL dropped around 3 %.  News related  due to Aramco cut back of capacity growth, 

My New Years Resolution is to follow the KISS system more religiously!  Thank you Matt and Steve for your hard work.

Steve, I appreciate that you and Matt work so hard to teach us how to be good traders.  I also appreciate your comments in the newsletter today about how the lower economic groups are struggling with this inflationary environment.  It's very true and  I respect the empathy you expressed along with your comments about the macro economic back drop we are experiencing.  

GNRC out of a base

Gold and Silver are probably moving today due to the rise in the Yen.  The Bank of Japan is allowing (at  last) a small increase in the govt bond interest rate which in turn strengthened the Yen, lowered the Dollar.  We'll see if the miners follow through after today.  

WOW, thank you Matt and James!  Amazing.  

Fantastic STS Tables, Matt!  It is so interesting to see how wide you must maintain stops on leveraged ETFs;   I've not seen this quantified before.  

Very exciting news, Matt! 

GDXJ looks really good to me if it holds here or above 32 preferably where it has shelf support and is near the 20

Nat Gas on Fridays;  I've often noticed that traders take  profits on Fridays  because they don't want to risk a change in  weather forecasts over the weekend.  And, another factor is nat gas  traders are watching weather trends at least 10 days in the future.  I once belonged to a site that solely analyzed weather patterns for purpose of nat gas trading and it was still hit and miss for me to make money.  

Fact Check: I can't verify that the Cernovich tweet is correct about widespread price increases of EV cars following new law.  I'm following as I'm trying to buy one.  Maybe Ford Lightening has gone up but can't verify others 

BPT has definitely been killing it!  Matt, enjoy your time off!

Nat Gas sell off was triggered by explosion at LNG facility in Texas,  taking LNG exports from that site  off line for weeks.  Result is to back up gas inventories temporarily

FYI - California gas prices are in the $6.3 range, not $9.00

Trying to decide whether to take off some of UPRO; will we see a pull back early in the week?  HMMMM.

GUSH has to be stronger than ERX in the oil area; would love a system for GUSH.  I've been using the moving averages on the 2 HR chart which has worked well

Another reason for sell off: Steve is on vacation!  I recall several downturns in the past when he left town.  :) LOL

Yes, Steve, the only good news is the selling started right at the open so didn't take a new position.  I still like energy long term

OPEC plus abandoned talks on increasing oil production.  The likely result will be for inventories to tighten and price of crude to rise. 

  Watch oil company stocks tomorrow

HOL Shareholder vote today regarding merger; if it fails, stock will likely drop hard?