Commodity Inflation Is Here - Nick Santiago #80  7-21-20

Commodity Inflation Is Here - Nick Santiago #80 7-21-20

0 0 2 months ago
1. Markets are trading higher to start the day. Today's close will be very important when the markets are up this high. I never like gap higher opens when markets are close to breaking out. Often, the gap higher open can lead to a gap and crap pattern. So far, that is not the case today. Nasdaq is down, where will the money go? Is it fleeing or going to other sectors.

2. Oil is ripping to the upside. Crude (Sept) futures are now trading at $42.36 a barrell. Energy stocks are looking ... See More

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