Oil

China is moving behind the scenes. I wonder what Jared traded for $2 Billion to the Saudis. According to the Financial Times report, the decision to adopt an economic strategy independent of the United States is due to declining relations between Riyadh and Washington during the Biden administration. Last week, the Biden administration ruled out new crude purchases in an effort to refill a stockpile that was drained last year, and this was also reported to be an effort by the White House to curb inflation. ...

Just looking through some Stocks and ETFs that are crashing and burning. Airlines and Oil have really taking it on the chin. Speaking of chin, people are self improving themselves and their smiles. I like that. Tech and Health will be the winner coming out of this.

Noble Engineering popped up on my fundamental screen last week and I’ve been watching it since then. Using Yahoo’s stock screener, I created a special scan that only looks for key drivers of stock appreciation. Can you guess how I figured out these key drivers? I bought NE for my wife’s account yesterday, so it better do damn good or I’m in trouble! :)