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soars

Energy Crunch: Demand for Diesel and Jet Fuel Soars But Refining Capacity Sinks

September 18, 2023 2:31 pm

via Mike Shedlock: Refineries are closing due to environmental pressure. However, the public does not want EVs and the demand for diesel and jet fuel is on the rise. Refining Bottleneck Bloomberg reports A Crunch in Key Corner of Oil Market …

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Bitcoin Soars +3.23%, Moving With Gold Since March As Expectations Of Fed Rate Hikes Grow And US Dollar Deteriorates

June 16, 2023 7:49 pm

by confoundedinterest17 Fridays are always fun in the market. Bitcoin is up 3.23% as The Fed took a pause yesterday. Note that bitcoin and gold are moving together since March 2023 as the US Dollar deteriorates. And expectations of Fed …

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Nvidia Soars While Bitcoin, Dollar, Gold Decline (Dogecoin Leads Cryptos This AM)

June 15, 2023 6:04 pm

by confoundedinterest17 The Artificial intelligence (AI) boom is resulting in Nvidia’s stock soaring to 429.9. At the same time, Bitcoin (yellow), the US Dollar (blue) and Gold (gold) are declining. Of course, markets are dynamic and gold/silver are likely to …

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