Market technician Ryan Puplava, CEO of PFS Group, discusses this week’s market events, including a look at the technical backdrop for the US stock market, how various sectors are performing, key factors influencing interest rates, jobless claims, and overseas markets. Next, Financial Sense Newshour speaks with Dan Steffens at Energy Prospectus Group on why he’s firmly bullish on oil, expecting $60 by year-end and even higher next year. Dan looks at inventory levels, declining rates of shale production, contrary indicators and much more.
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