FDG and other Coal companies under pressure, TOPT etc tankers have sold off, XOM stock flat after HISTORIC earnings release...what gives?
what MEE FDG and BTU are trying to warn and XOM non reaction to HISTORIC earnings release.hmmmmmm lower oil coming....but me thinks from slack demand, then that means weaker economy than expcted IMHO
Mkt new lows still NOT receding and along with potential not seen in 3 years cross of 20 and 50 WK EMA on VIX portends potential for increased volatility is going to be here for awhile and most likely this is a negative.
http://stockcharts.com/def/servlet/SC.web?c=$VIX,uu[w,a]waclyiay[df][pc20!c50!f][vc60][iut!La12,26,9!Lb14]&pref=G
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