Oil Surge and Carry Trade Weigh On Stocks; Apple Bets Big On $2K Foldable iPhone
Oil Surge Please click here for an enlarged chart of United States Oil ETF (NYSE: USO ). Note the following: The chart shows USO is approaching zone 1 (resistance). The chart shows oil was previously in zone 1 when there was peak Iran fear. RSI on the chart shows oil is very overbought. Prudent investors should make a