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bbotcs

04/04/24 5:00 PM

#112099 RE: researcher59 #112094

r59: Yep. That is the reason. The big money is locked and loaded in the market, waiting to dump on the good news--the first Fed cut in interest rates--.25. Looks like the good job market, coupled with higher oil prices, will upset the greedy hogs' apple cart!
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littlejohn

04/05/24 12:25 AM

#112104 RE: researcher59 #112094

Buy cheap burgers and No fries or

drink with it if you count on the

FED inflation watchers...

lol, they will show everyone how to get

by on fewer items...

Sounds like a FED watcher bot gas

at a service station recently...those

higher prices have to be posted...


so we watch...LJ
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littlejohn

04/05/24 2:07 AM

#112105 RE: researcher59 #112094

Natural gas Glut in headlines has replaced

the over supply term...

https://oilprice.com/Energy/Natural-Gas/The-World-Faces-A-Natural-Gas-Glut-Not-Seen-in-Decades.html

Liquids production in U.S. in weekly

inventory reports is still running at a

high pace increase versus year ago...

A brewing over production problem of

natural gas gets little relief with world

war mongers prompting higher than

needed oil prices supporting oil drilling...

Damned if you do, damned if you don't...

Wholesale Gasoline futures for May are

already forecasting $3.50 to $4.00/gallon

average on pricing possible by then...

https://www.barchart.com/futures/energies

Which would be inflation in gas price year

over year in May if trend holds...

Saudis adding a little oil production to

cool some heels may be only option...


So we watch...LJ