Speaking of Fed, the market is pricing in 5-7 hikes this year -
with 20% chance of 7. Bank of England just had back-to-back hikes
so I think the possibility of 7 is not that remote lol.
The whole ESG bullshit caused so much under-investment in
Oil&Gas - let's see what happens when our life returns to 100%
normal.
Oil breaks 2008-21 down trendline which should enable an oscillator secular buy signal. Using the 2020 low offers an improbable upside objective of $500. The green arrows suggest a more attainable but still shocking $250. For more see the Feb https://t.co/CWhkt5p5SJpic.twitter.com/Ig2PY78lon
Thanks Matt. Saw this post
whats in our future?? interest rates will be bumped ...
Posted by kevindeng0727 on 4th of Feb 2022 at 11:44 am
Thanks Matt. Saw this post from Martin Pring the other day about the commodity bull market: https://twitter.com/martin_pring/status/1489267660093366279?s=20&t=-SVbrLvhj-Q2r2cyOqqyug He is pretty good at studying the long & secular cycles.
Speaking of Fed, the market is pricing in 5-7 hikes this year - with 20% chance of 7. Bank of England just had back-to-back hikes so I think the possibility of 7 is not that remote lol.
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
The whole ESG bullshit caused so much under-investment in Oil&Gas - let's see what happens when our life returns to 100% normal.