Post by
kavern23 on Aug 05, 2024 7:46pm
wow..
Boy did the usa tech companies sure get drilled early this morning.
About time. The financial overvaulation of tech has to reverse to get some USA fed cuts,
Oil was fortunate that libya shut in 300k or it was heading a 2-3 wti drop today.
I think Libya has an under the table deal with opec to cut production whenver oil is going to drop under 70 dollars and say "it is poltiical dispute:. Libya did same thing last january when oil was going to test below 70.
Keeping unity amoing OPEC countries is going to get harder more countries that have to cut back production,
Good thing canadian stock market was closed today.
let's see what tomorrow brings,