IT’S ELECTRIC?

Last year, over one million electric cars were sold around the world. There were approximately 760,000 on American roads in addition to approximately 820,000 in Europe with China leading the pack at 1.23 million. With an increasing growth of 53% since 2017, China is expected to reach 2 million by 2020 and a complete ban […]

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Ring Around The Market

Oil markets finished higher yesterday as they continued to factor in any impact the Iranian sanctions and Venezuelan declining output may have. All three indices closed firmly in the green. WTI crude closed up $1.48/bbl at $68.21/bbl while RBOB and HO also closed higher by $0.0401/gal and $0.0458/gal finishing at $2.1842/gal and $2.2317/gal respectively.

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Trade Truce

The world’s two largest economies have decided to scale back the threats of a trade war by agreeing not to impose new tariffs. Chinese officials met with members of the Trump administration in Washington this weekend with plans for China to increase its purchases of American produced goods in order to reduce the multi-billion dollar […]

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The Bulls Take a Pause

Trading is tepid today after bullish geopolitical news sparked weekly gains across the board.  Technically, the market is extremely overbought, but the computers may be apprehensive to sell until any of the following issues are resolved.

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