The Energy Sector Stands at a Key Technical Juncture
- It’s a bit surprising that the stock market is not reacting to the very strong employment report in a more meaningful way, but Friday’s have been great days for the markets recently…and maybe traders believe that “positive gamma” will squeeze the market higher once again today.
- However, since everybody is talking about the employment report this morning, we thought we’d be a little different and touch on the energy stocks. This weekend’s OPEC+ meeting is going to be very important…because the energy sector stands at a key technical juncture.
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