Probably headed to a record $80 per barrel. Oil stocks slumping far behind.
Neither Israel or Lebanon produce crude.
Seems to be a wild convergence of issue's to put fear into the markets.
I love the media with all the buzz words to describe market participant activity.
Fear and greed. Buyers and sellers. Pain and pleasure.
Human nature, at last check, hasn't changed in 5,000 years.
I say we are higher by year-end and am voting that way.
Long and strong at Chippewa Partners.
CEO & Partner, Parisian Family Office. Began Wall Street career in 1982. Founded investment firm, Native American Advisors, 1995. White Earth Chippewa, Tribal Member. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, TN farm, Pamelot or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
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