I am pleased to see oil finally weaken, down over 2% this morning.
Hello from black-as-tar Palo Alto this morning. I am pleased to see oil finally, finally, finally weaken, down over 2% this morning.
I would also point out that gold, which is getting clobbered, is very close to a mildly important supporting trendline. It may get a breather here. If not, well, expect weakness for perhaps weeks to come.
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