Title : So Much For $150 Oil; Trump Trade Wars; Iranian Sanctions -- The Market Off To A Strong Start On T+39 -- July 9, 2018
link : So Much For $150 Oil; Trump Trade Wars; Iranian Sanctions -- The Market Off To A Strong Start On T+39 -- July 9, 2018
So Much For $150 Oil; Trump Trade Wars; Iranian Sanctions -- The Market Off To A Strong Start On T+39 -- July 9, 2018
Disclaimer: this is not an investment site.For the archives:
- forget all that talk about $150 oil
- forget about the Iranian sanctions
- forget about the Trump tariffs
- Saudi Arabia can make up any Iranian shortfall
- US won't let Iran control the strait; will work with India, Korea, Japan who rely on Iran oil
- the "trade war" morphed to "trade skirmishes" to "trade negotiations in less than 72 hours, over the weekend
- Dow: up over 230 points
- S& P 500: up 15 points, headed back to 2,800
- WTI: surprise, surprise -- not only did it hold, but its down forty cents
- most oil companies, large and small, are having a great day
- it's being reported that AppleMusic has surpassed Spotify with music subscribers
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- SPOT: down 75 cents (essentially flat)
- AAPL: up almost $2.00 (about a percent)
- TSLA: up $3.00; Elon Musk wants to use small cylinder from SpaceX as a "submarine" to rescue Thai soccer plays from flooded cave; he missed the memo: in narrowest section: only 15 inches of clearance
Thus Article So Much For $150 Oil; Trump Trade Wars; Iranian Sanctions -- The Market Off To A Strong Start On T+39 -- July 9, 2018
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