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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (83383)1/8/2024 8:46:13 AM
From: towerdog1 Recommendation

Recommended By
The Ox

  Read Replies (1) | Respond to of 98013
 
Bio's and a bond auction at 11:30 buy the shipping dip?

jpmorgan.com



To: Sun Tzu who wrote (83383)1/8/2024 9:57:19 AM
From: ajtj993 Recommendations

Recommended By
Sun Tzu
The Ox
towerdog

  Respond to of 98013
 
There are 2-large LNG terminals coming online in 2025. That's what the price is reflecting further out. That will suck out something like 15% of the gas that is currently trapped state-side.

The Houthi Red Sea deal has crashed crude this morning. I expected this to happen, just not this quickly. It killed the 4-hour bullish formations for crude, but it kept the bearish daily, weekly, and monthly targets intact.