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 Markets 'Bounce' As Oil Margin-Call-Plunge Sparks Buying-Panic In Energy Stocks](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/c8559476cbca1c046d938775988fcc6f-442x341.gif?itok=58wX9tZw)
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