NYMEX:RB1!   RBOB Gasoline Futures
125 0 2
Prices for gasoline and crude oil             have been on the rise. When does demand destruction start to occur and what does this mean for the $SPY. Over the last couple years gasoline at $3.20 a gallon has preceded each major market correction. This may not be the point of demand destruction but is an important price level to watch in advance of the next decline. Keep an eye on rising energy prices because they may start to slowly hit consumers in the pocket book as well as drive up costs and reduce earnings for fuel intensive businesses. Rising energy costs could unsettle the earnings outlook for the S&P 500             . Until then, thanks Ben for the boost to stock prices and hopefully inflation is under control as you say it is... ;)
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out