Markets 'Bounce' As Oil Margin-Call-Plunge Sparks Buying-Panic In Energy Stocks

Initial and continuing claims surge dramatically and Crude slammed to 12-year lows inflation-adjusted, so energy stocks rip and lift stocks magically...

h/t @NorthmanTrader

 

Energy stocks love new multi-year lows in oil...

Longer term...

 

And led the entire market higher today... but a late-day collapse in crude  (which looked like forced liquidation) spoiled the party

 

Markets 'Bounce' As Oil Margin-Call-Plunge Sparks Buying-Panic In Energy Stocks

Markets 'Bounce' As Oil Margin-Call-Plunge Sparks Buying-Panic In Energy Stocks

Initial and continuing claims surge dramatically and Crude slammed to 12-year lows inflation-adjusted, so energy stocks rip and lift stocks magically...

h/t @NorthmanTrader

 

Energy stocks love new multi-year lows in oil...

Longer term...

 

And led the entire market higher today... but a late-day collapse in crude  (which looked like forced liquidation) spoiled the party

 

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