Energy turning out to be stronger than expected

Key Takeaways

  • S&P still grinding sideways, but this consolidation should break out to the upside into Friday’s CPI report and/or early next week before showing much resistance.
  • Energy technicals show a further push up before consolidation;  however, weakness likely does not prove to be as strong as initially expected, and Crude should hold $100.
  • Uranium stocks look like an attractive area to overweight on Biden’s plan.
US Equity markets continu...

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