didn’t realize yesterday it was up near $80 a barrel. Our local gas is now $3.69 a gallon, up $.40 over the last few weeks.
Always funny how that happens. As oil rises, gasoline prices rise much faster. When they come down, it takes forever for gasoline to come back with it. Greed.
As a side note, the RSI on the DOW is up around 75. We’ve seen RSI’s stay elevated for a long time when it comes to the SM though.