https://twitter.com/OccupyWisdom/status/1059860505723056128
WTI Crude Enters Bear Market – Plunges To 7-Month Lows
WTI Crude futures are down 20% from their early October highs, with the front-month contract back to a $61 handle at its lowest level since April.
As more details emerged of US sanctions exemptions and the US-China trade war stoked concerns over slowing global growth that underpins energy consumption, WTI has plummeted…
Exactly- and after the election market meddling – the #equity markets will follow #oil https://t.co/SrF1RijpgJ
— mcm-ct.com (@mcm_ct) November 6, 2018
Oil Collapse is not good for US industrial production pic.twitter.com/8EBKXUhrlJ
— Alastair (@StockBoardAsset) November 6, 2018
https://twitter.com/Frances35816251/status/1059853329860345856
US-equities: The sell-off in Oct brought equity valuations back to levels last seen in 2015-2016. But #earnings momentum has deteriorated, chart @PictetWM pic.twitter.com/jrRyIbznmF
— ACEMAXX ANALYTICS (@acemaxx) November 6, 2018
October. The month’s 11.5% #SP500 drawdown, according to Bloomberg, produced a crescendo of 1916 new lows compared to a modest 801 new 52-week low after the 11.8% (intraday) decline in Jan-Feb, as this chart shows. pic.twitter.com/lsiw01mAXP
— Win Smart, CFA (@WinfieldSmart) November 6, 2018