Apr. 30 at 4:30 AM
$CVX $XOM $COP
Oil reaching 2022 highs amidst US-Iran conflict. This risk is not noise, rather it is a direct catalyst. Supply disruptions, energy premiums, shipment route pressures all recipe for oil bulls to take control.
When the US dollar collapse (which it has already) Oil, gas, gold and silver rises
And as trump stated before, we could be seeing
$200 a barrel for oil. And Powell in yesterday s FOMC states "Energy hasn't even peaked yet"
Watch oil closely. This move could be far from over.
I'm ready to see ATH again for these stocks