Seems only Oil/XLE have a small amount of strength. I am getting a sense we are gonna get a selloff soon in the broader market?
All the commodity sector is getting spanked
Posted 29 April 2021 - 11:32 AM
Posted 29 April 2021 - 05:39 PM
Not seeing it here...DBC and the CRB continue to trend higher...so does WTIC.
That said, below is the Energy Sector advance/decline line through last weekend to ponder.
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Posted 29 April 2021 - 07:39 PM
Fib, I was just referencing today's action, it seemed across the board the commodity stocks I follow were weak as opposed to the broad market. With all this talk of inflation (money printing), it seems strange. We shall see. Stay tuned