We need to look at the charts of the XLE and crude oil futures.
Rising food prices could be a bigger story, from a negative perspective, than energy issues.
The great challenge for market participants right now is that there is no safety in individual stocks.
Here's our next price target area.
It's hard to see how Russia's invasion of Ukraine and the world's response to it don't have big negative consequences for markets and the world economy.
As the worst is feared in Russia's invasion of Ukraine, widespread volatility in commodities is feeding on itself. Here are two rules to remember and my take on what we're seeing now.
The worst stocks in the market have bottomed and are now holding above support levels.
Occidental Petroleum and the VanEck Oil Services ETF are included in our BOOSTER portfolio.
Buying in the face of the outbreak of war and extreme emotions is tough to do.
Thought the semiconductor shortage had already been severe? That's where the cards currently lie.