Veren Inc T.VRN

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[smallcaptdr]

The DOW is down over 520 pts TSX 330 and Oil is at $81 so the stock markets have given back yesterday's gains and Oil isn't building off of $82 and today US GDP came in flatlining but US Jobless Claims were positive but we know that having positive US Data is negative because that tells the FED that they need to continue to raise Interest Rates to slow the economy down.  If you look at the Oil chart you see a trend for Oil heading lower so if Oil is to go higher then we need to see this trend change. Oil up at $82 is high and like when Oil left $90+ it dipped into $80+ a few times before it stayed in the $80+ and the same with $70+ Oil might take a few in and outs of $80 to $70 before it stays in the $70+

Crude oil - 2022 Data - 1983-2021 Historical - 2023 Forecast - Price - Quote - Chart (tradingeconomics.com)


US Initial Jobless Claims


US GDP QoverQ

[Carlito3211]

Always a bunch of repetitive blabbering gibberish from you. Generally eveyone knows whats going on and you dont need to be flapping your gums constantly like you are great enlightner.