HomeIndustriesEnergyWatching $75 Level in Crude, Potential Dollar Weakness

Watching $75 Level in Crude, Potential Dollar Weakness

Alan Knuckman says the dollar has “disappointed” so far and discusses price levels and potential catalysts for it. “If we can get that dollar to weaken just a little bit,” stocks could gain, he adds. He is also disappointed in crude oil for not participating in the bull market – “yet.” He highlights the $75 level as an “important pivot” point. On the other hand, he thinks natural gas is in “one of the best situations.”

02 Jan 2025

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