grabbed more fruit just now. god bless me. 

What to do with Energy stocks? Once big Energy ETFs like XLE and XOP broke below the January lows a few weeks ago, the volumes spiked dramatically as investors gave up the ghost.
Predictably, now that we have ONE modest bullish signal, this is reviving talk about a bottom. "Buy when nobody wants them," one energy trader told me this morning.
But nobody think this is going to be the quick rally that was expected in the first quarter. The talk is to buy now, and hold. For a while. Like, a year or two.
That will greatly limit the number of people that will hop on that bandwagon. Too many have seen this movie before.
http://www.cnbc.com/2015/07/29/oil-stocks-...-bandwagon.html

Shell plans for 'prolonged downturn' in oil prices
Royal Dutch Shell on Thursday warned that lower oil prices could continue for several years, and said it was planning for a prolonged downturn.
http://www.cnbc.com/2015/07/30/shell-says-...d-downturn.html

grabbed more fruit just now. god bless me. 

bless bless...

no rate hike yet, earnings in usd will be better than if rate hiked. so, rally, i suppose!
oil, energy...

at 123+ I think no need to sweat. 130 on the way when players start to forget the iWatch sales..

thanks for sharing the oily news update...

red....GDP data out yet？

lateest ...

fed governor just said situations are not as well, such as in some euro nations and in china ... sep may not have the rise.....

Second-quarter GDP data showed the economy is still growing at a ho-hum pace, but inside the report was a slight pickup in a quarterly inflation that could help the Fed move toward a rate hike.

Second-quarter GDP grew at a 2.3 percent pace, lower than the 2.5 percent or even more expected by economists. But some traders quickly focused on the 1.8 percent quarter-to-quarter gain in the core PCE deflator, the Fed's preferred inflation gauge. The short end of the Treasury curve sold off with yields on two-year through five-year Treasury notes moving higher.
http://www.cnbc.com/2015/07/30/gdp-a-dud-b...r-it-needs.html

Bank Negara grips ringgit tightly as troubles mount
http://www.malaysiakini.com/news/306780

Saudi said will reduce production as early as Sept....  

Oil prices fell in Asian trade on Friday as concern over global oversupply intensified after the head of oil producers' cartel OPEC indicated there would be no cut-back in production, although a fall in the U.S. dollar put a floor under prices.
http://www.cnbc.com/2015/07/30/us-crude-sl...nomic-data.html

that was yesterday.

today...
crude now 47.80, down 1.5%...

ya....still waiting 44....maybe can breakdown this time....

Besides the pressure from the Fed’s interest rate outlook, the ringgit and other emerging currencies were vulnerable to further losses if the WTI hit below US$42 a barrel, said Jameel.
http://www.thestar.com.my/Business/Busines...ggit/?style=biz

latest ...

rumours! ...

ron 97 +0.30
ron 95 +25
diesel +0.30 from 1/8 ...

then i will need to ride my bike again.