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S&P 500
6,117.52
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-0.43%
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US TECH 100
21,492.00
(
-0.41%
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Dow Jones
44,176.65
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littlejohn

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littlejohn

Re: Bobwins post# 100847

Friday, 09/23/2022 2:48:44 PM

Friday, September 23, 2022 2:48:44 PM

Post# of 121521
OIl/gas, I am a Real time big loser

in oil holdings that accelerated

a lot on Firday...

And we likely still have a Pending

spike in oil prices coming again

before 2022 ends...

FED drove up U.S. interest rates

and oil price had dropped about

same percentage thru Thursday

as U.S. Dollar had rose...

But now the way too strong U.S.

Dollar poses grave danger to sales

for large U.S. Companies...

FED will have to reduce U.S. Interest

rates to reverse the damage...

IMO, of course...

Oil companies will still be needed

in good or bad outlook...



So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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