A Drop In Oil Sets A Fire For This Utilities And Energy Play


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 Conditions are looking good for the move I have in mind today…Crude futures spiked yesterday, up to $80.62… and then sold off today, pretty much erasing the gains of the previous two sessions.From a technical perspective, and I’ll show you the charts in just a second, this pushes us, bearishly, toward the lows.Now, interestingly, there happens to be an inverse correlation between oil prices, energy, and utilities.See where I’m going with this? I’ll show you…Video Length: 00:16:57More By This Author:Bond Battering Drags Stocks And Commodities Lower Buy In May… And Stay At This Point, Good Data Could Be Atrocious For Markets

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