OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Oil bouncing but weak

Posted by Buygold @ 6:05 on March 16, 2023  

up almost 1% but it’s been beaten down so much it could just be a dead cat.

Copper miners FCX, RIO & BHP are all down after yesterday’s weakness. Palladium is down, getting downside follow-thru from yesterday.

SM futures rolled over, although the Naz futures are up slightly. Europe is higher across the board, a little less than 1%. I suspect Europe will take it’s cue from the US market, and if we have problems they’ll turn south.

The 10’s up 4 bips after a few unbelievably crazy sessions.

We are just biding our time before the explosion in our pm’s.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.