MAY 3.13% 3.3¢ melbana energy limited

Interesting article from MarketWatch this morning..........Looks...

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    Interesting article from MarketWatch this morning..........

    Looks like Oil will be one of few inflation hedges going forward.......We are in the golden triangle with MAY!

    "Onto our call of the day from the founder of LaDucTrading.com, Samantha LaDuc, who specializes in timing major market inflections. She has been cautious on stocks for a while, and sees a 3,800 finish for the S&P 500 SPX this year amid tech floundering and continued growth-to-value rotation.
    One of her biggest calls sees crude CL00 reaching $160 by summer and $260 within a year, which LaDuc laid out in an interview with MarketWatch on Tuesday. It is one of the few inflation hedges out there, she said. And a European embargo of Russian oil — the European Union proposed a ban on Wednesday to kick in within six months — will result in spiking oil, bond yields and the U.S. dollar, which will crush U.S. equities and emerging markets, said LaDuc. As for her track record, LaDuc, who has been an active trader and investor since 2008, predicted in summer 2020 that bonds were done rising, inflation would prove sticky, and energy would outperform tech in 2021. And we have seen all of the above."
 
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