Wednesday, July 5, 2017

Denialation: The Problem That Buries Itself

Fake news is not the problem, it's the solution. The people who believe fake news are the real problem, that is in the process of getting solved...

"OPEC output climbed in June to the highest level this year. The increases came from Libya and Nigeria, which are exempt from a supply-cut deal, as well as Saudi Arabia and the United Arab Emirates"

“We are beyond the peak refinery demand season for oil.”

The longest rally in seven years brought oil back to test the underside of the 50 day moving average, deja vu of 2014. The death cross (200 / 50 dma) remains in effect:

Just remember, Energy stocks are now "leading" the market:

Trump's speech on Energy Dominance last Thursday:

"The golden era of American energy is now underway," Trump said. 

President Trump said that the administration's energy policy will "unlock millions and millions in jobs and trillions of dollars in wealth."

"Now the world is starting to say, 'I think they're right,'" the president said. "They'll find out."

"OPEC output climbed in June to the highest level this year"