Mish’s Daily: Natural Gas and Oil – Always on the Radar

Mish’s Daily: Natural Gas and Oil – Always on the Radar
Written by Michele ‘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.
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Mish in the Media
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
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
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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