One way I look at it is just a bag of groceries.
With the decrease in the cost of gasoline I anticipate the states, especially CA where we're from, to throw in more gas taxes and expect people to accept it using the excuse of the 'new lows' due to our ability to produce. If we get the pipeline approved, another excuse. Behind the scene is the 40% drop in the applications for drilling that is being kept quiet. The price of gas has a good opportunity to trend higher but I believe the govt., fed, state, will take advantage of it to insert their new taxes first.
One thing that's been very disgusting in my book is the manipulation of the interest on savings that traditionally seniors depend on. The majority aren't in the market or with a VCs. Nice way to finish out their run by bankrupting many of them, forcing them to downsize and worse. Also making them a burden on their children which is the parents worst nightmare.
CTIX - go. Interesting to see the new activity. Morning drop, pause, then buying to lift the pps. We'll see if that happens again today.
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