Looking directly into the bright lights that are heading our way – yes, it is earnings season and that is going to give us the insight we are waiting for to see if the fundamentals match the current technical conditions.
Oil prices surge as production slows and U.S. rig counts drop again – the weekly rig count has dropped another 7 after last week’s drop of 14. In addition, this week we saw a drawdown of inventories and more rumors that a production freeze by OPEC is possible.
More information available on Horowitz & Company’s TDI Managed Growth Strategy
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