Natural Gas and Oil-Always on the Radar

May 18, 2023

Mish's Daily

By Mish Schneider


This week I wrote a Daily on USO, the US Oil Fund.

Plus, I did a video for CMC Markets on those 2 commodities plus on Dollar pairs with Yen, Euro, British Pound.

I wrap the video up with a look at Lithium (another Daily this week) plus a look at DBA the Agricultural ETF.

Daily on Lithium

Daily on USO

Video link

 

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Mish in the Media -
All clips here

CMC Markets Currencies, oil, gas and lithium 05-17-23

Business First AM Retail 05-16-23

CMC Markets Currencies and Commodities 05-10-23

Business First Am GME 05-10-23

Making Money with Charles Payne Fox Business 05-10-23

Business First AM 05-09-23

Daily Briefing Real Vision 05-09-23

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Coming Up:

May 19th Real Vision Analysis-At the Closing Bell

May 22nd TD Ameritrade

May 31st Singapore Radio with Kai Ting 6:05 PM ET MoneyFM 89.3

June 2nd Yahoo Finance

 

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ETF Summary

S&P 500 (SPY) 23-month MA 420 Support 410

Russell 2000 (IWM) 170 support - 180 resistance

Dow (DIA) 336 the 23-month MA

Nasdaq (QQQ) 328 cleared or the 23-month MA-now its all about staying above

Regional banks (KRE) 42 now pivotal resistance-37 support

Semiconductors (SMH) 23-month MA at 124 now more in the rear view mirror

Transportation (IYT) 202-240 biggest range to watch

Biotechnology (IBB) 121-135 range to watch from monthly charts

Retail (XRT) 59.74 held so now we watch the 50-DMA at 62.00

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