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S&P 500
5,591.96
(
0.00%
)
US TECH 100
18,864.40
(
0.06%
)
Dow Jones
41,335.05
(
0.59%
)
Brent Oil
79.03
(
0.34%
)
Bitcoin
59,025.90
(
-0.62%
)
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jxyzobrien

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jxyzobrien

Re: MossyOak post# 39501

Wednesday, 06/21/2017 8:28:01 PM

Wednesday, June 21, 2017 8:28:01 PM

Post# of 46542
OIL and XLF linked
the banks loan a lot of money to the oil industry. When the prices
fall apart oil companys have a tough time paying the loans back.

the xlf has not shown much weakness yet but if the oil prices
continue to fall the xlf will have earnings issues.

not much end in sight for lower prices. again i see $39 as
possible bottom.
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