With crude at $49.70 that key $50 barrier is looking very vulnerable.
Economic repercussions looking rather grim if oil does a 'bolter' thru $50 ... but oil stocks poised to go to new heights as a re-rating takes place based on number cruching with the new pricing paradigm.
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oilers shld be strong again today
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Neil Goodman, MD
Neil Goodman
MD
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