Crude !!!
- Thread starter polee2000
- Start date
of course this is when globex goes offline for 45min. CLK May Crude last 64.48, up about 1.50 from the close. gold/silver also quoted slightly higher as well. Could open back near the highs if some confirmation comes in off the wires on what is really going on. I haven't seen this type of move in sludge on rumor talk..
Nice bullish chart pattern, neckline breakout now confirmed.
From my MarketNews.com feed:
5:12 PM - âThe front contract holds currently around 64.50. lots of rumors about why oil has spiked higher with no confirmation that anything is true. Of interest however BBC News notes that the US Navy has begun its most extensive maneuvers in the Gulf region since the Iraq invasion 3 years ago. US officials deny the maneuvers are designed to exert pressure on Iran. The BBC report notes that two aircraft carriers plus their strike group are in the region and have begun war games involving as many as 100 US war planes.â
5:23 PM - âReuters cites White House officials stating nothing to indicate any incident taking place regarding Iran. US navy says nothing to substantiate Iran strike on US ship.â
5:12 PM - âThe front contract holds currently around 64.50. lots of rumors about why oil has spiked higher with no confirmation that anything is true. Of interest however BBC News notes that the US Navy has begun its most extensive maneuvers in the Gulf region since the Iraq invasion 3 years ago. US officials deny the maneuvers are designed to exert pressure on Iran. The BBC report notes that two aircraft carriers plus their strike group are in the region and have begun war games involving as many as 100 US war planes.â
5:23 PM - âReuters cites White House officials stating nothing to indicate any incident taking place regarding Iran. US navy says nothing to substantiate Iran strike on US ship.â
USO HALTED. Never seen an ETF halted.
17:36 US State Dept says no incident between Iran and US (was chatter that Iran fired a missile at a US ship in the Gulf); US Central command, White House say no incident; crude hit $68.09 quickly afterhours; now $62.93pbl; Nat gas up 25 cents to $7.24mbtu (high was $7.72); RBOB gas hit $2.10 (now $2.0730).
17:34 US State Dept says no incident between Iran and US (was chatter that Iran fired a missile at a US ship in the Gulf); US Central command, White House say no incident; crude hit $68.09 quickly afterhours; now $62.93pbl; Nat gas up 25 cents to $7.24mbtu (high was $7.72); RBOB gas hit $2.10 (now $2.0730).
17:34 US State Dept says no incident between Iran and US (was chatter that Iran fired a missile at a US ship in the Gulf); US Central command, White House say no incident; crude hit $68.09 quickly afterhours; now $62.93pbl; Nat gas up 25 cents to $7.24mbtu (high was $7.72); RBOB gas hit $2.10 (now $2.0730).