Traders Market Weekly: MAR7-MAR12 Got those gasoline blues

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  • #34312

    Markets are in major SELL OFF mode as GAS prices are at $4+ on average in USA
    OIL hit $130 overnight & is now a little better at $120 — but near future ain’t looking good at all
    DOW is off over 600 points & 2022 ain’t looking good so far

    We had meaningful church services & prayer yesterday that PEACE might prevail
    And we do need to DRILL, DRILL, DRILL — and get away from funding these powerful nations
    The great recession of 2022 may indeed be underway … may God bless our nation & give us peace on earth

    #34313

    Dow 32,817.38 -797.42 -2.37%
    S&P 500 4,201.09 -127.78 -2.95%
    Nasdaq 12,830.96 -482.48 -3.62%
    GlobalDow 3,822.73 -83.85 -2.15%
    Gold 2,001.00 34.40 1.75%
    Oil 119.71 4.03 3.48%

    even in bad times – we need to keep faith & hope for better times ahead 🙂

    #34316

    #34333

    BREAKING NEWS — Biden to ban imports of Russian oil over Ukraine invasion, reports say (News CONF @ 10:45 EST)

    #34334

    RUSSIAN OIL banned (in spite of difficulty in reading the teleprompter)
    God save the USA & rest of world as all I can say at this stage of 2022

    The late John Lennon noted song below as one of best all time 🙂 (with SGT Pepper instrumentation)

    #34336

    Regular-grade gas prices reached $4.173 on Tuesday — a 55.4 cent increase from a week ago, according to the American Automobile Association. This increase is in addition to the 40% year-over-year increase in gas prices as of the end of January. The cost of gas jumped by more than $1 per gallon in 2021, on average.

    #34337

    GAS PRICES highest in USA history by far … $4.20 in Roanoke VA
    while the green new deal is great for future — technology is not quite cost-effective yet
    we need to gradually transition … going back to USA DRILL policies would help us
    1 of most progressive songs of 1980s notes — we need to RUN more than drive 😉

    #34339

    Dow 32,632.44 -184.94 -0.56%
    S&P 500 4,170.70 -30.39 -0.72%
    Nasdaq 12,795.55 -35.41 -0.28%
    GlobalDow 3,815.35 -9.81 -0.26%
    Gold 2,056.80 60.90 3.05%
    Oil 124.08 4.68 3.92%

    #34340

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