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Large-cap energy stocks are poised for sharp short squeeze (SPY +0.8%). US threatens Iran with new sanctions if a nuclear deal is not reached. The Market in Perspective Here are the headlines moving the markets. Houston Scrambles To Remain The Energy Capital Of The U.S. The United States shale sector is at a crossroads. Houston, the capital of the nations oil and gas industry, is at the metaphorical and industrial center of a struggle for the countrys unfolding post-covid energy landscape. The writing is on the wall: the renewable revolution is here to stay, and while the sun hasnt set on oil yet, the industry will never see growth the way that it has in the past couple of decades. Oil is still highly relevant in Houston, but that is going to change, whether oil tycoons and Texas politicians ....
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