comparemela.com

deal. do you think this has reverberations way beyond what's happening in the strait of hormuz? >> definitely. china is a big commodities consumer, and they may not go to the right routes to get the commodities that they want and the commodities they absolutely need. that makes things difficult on the global stage, but that's the beauty of these markets. the markets take all the buyers and sellers opinions and distill it into one thing, the price. we are stuck at 55 at the base. 55 was a breakout area. if you remember back in june, we were trading sideways and making a bottom. i think we want to watch this as a support level but i would still remain bullish. maybe not as much the commodity because the commodity is more of a binary choice but if you look at some of the energy stocks, look at exxon, nice price pattern and it's of its hybrid something else like marathon petroleum. the refiner trading between 50 and 60, the midpoint of the action. there are opportunities in the energy sector because it hasn't come back as the rest of the

Related Keywords

Commodities ,China ,Strait Of Hormuz ,Commodities Consumer ,Routes ,Reverberations ,Things ,Thing ,Markets ,Price ,Opinions ,Area ,Beauty ,Stage ,Buyers ,Sellers ,55 ,One ,Support Level ,Commodity ,Energy Stocks ,Trading ,Bottom ,Choice ,Something ,It ,Look At Exxon ,Brest ,Action ,Refiner Trading ,Hasn T ,Opportunities ,Energy ,Price Pattern ,Mid Point ,Marathon Petroleum ,50 ,60 ,

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.