Oil is in free fall lately. $58 today.
This is one of the first signs of a recession.
We’re getting to price levels near what it costs producers to pull it out of the ground.
On the bright side it helps with inflation because it’s a major input cost for mfg. pic.twitter.com/NIdahDZX6m
— QE Infinity (@StealthQE4) April 30, 2025
Trump saying Next quarter is also Biden.
He’s basically telling u it’s gonna get worst, time to sell.
— TT3 (@TradingThomas3) April 30, 2025
Commodities are continuing their 2-month long pricing-in of a US recession today.
A recession may truly be the only way to get sustainably lower rates. pic.twitter.com/OrYr8fPXZ7
— The Kobeissi Letter (@KobeissiLetter) April 30, 2025
JUST IN 🚨: Recession odds soar to 70%, a new high pic.twitter.com/rmsucDVt8T
— Barchart (@Barchart) April 30, 2025
Over the past few months, USDJPY appears to have been leading SPY with surprising accuracy, by around 30 days.
It might be nothing, but I couldn’t ignore it.
This chart uses the 4-hour timeframe for better clarity. pic.twitter.com/gwnrwLS3iX
— Guilherme Tavares (@i3_invest) April 29, 2025
Are we going to V shape out of this mess yet again?
Or is this just an h shape rally that will lead to fresh lows?
I guess one blueprint we can work with using past indications is that V shapes occur ABOVE the 200dma, h shapes occur BELOW the 200dma.
FWIW. pic.twitter.com/uLcClucrYx
— Heisenberg (@Mr_Derivatives) April 30, 2025