With oil over $100 from $65, it's is only a matter of time before
inflation induced recession is here.
Gas prices
Started by
CLK
, May 04 2026 08:10 AM
4 replies to this topic
#2
CLK
-
- Traders-Talk User
- 10,823 posts
Member
Posted 04 May 2026 - 08:13 AM
A "sell in May and go away" event os likely after 12 months rally.
#3
CLK
-
- Traders-Talk User
- 10,823 posts
Member
Posted 04 May 2026 - 10:23 AM
Bought 1 share SNDK, that way I time the top or it keeps going up.
#4
steadyquest
-
- Traders-Talk User
- 1,002 posts
Member
Posted 05 May 2026 - 11:51 AM
But maybe the wealth effect spending from asset inflation in the top 20% will compensate for any reduced comsumption in the bottom 80% due to high gas prices, i.e., no recession.
Not much space left to maneuver below 5%. Rates could sure use another dose of viral hysteria about now.
#5
pdx5
-
- Traders-Talk User
- 9,771 posts
I want return OF my money more than return ON my money
Posted 06 May 2026 - 02:58 PM
Higher gas prices are actually DEFLATIONERY! Because the bottom 80% are forced to buy less of other goods and services due to high gas prices.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
