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On today’s show we discuss:
UNITED AIRLINES CEO: “If I didn’t watch @CNBC in the morning — which I do — the word ‘recession’ wouldn’t be in my vocabulary. You just can’t see it in our data.” @SquawkCNBC $UAL
— Carl Quintanilla (@carlquintanilla) December 6, 2022
Another headwind in the dwindling list of reasons to bearish.
Here are the previous 13 times the S&P 500 was beneath the 200-day MA for >6 months and closed above it (like today).
Not the worst times to be optimistic about the future. pic.twitter.com/6ul0FNVCNA
— Ryan Detrick, CMT (@RyanDetrick) November 30, 2022
More than impressive climb for S&P 500 Energy sector’s free cash flow yield over past year pic.twitter.com/d5QEUmyc5W
— Liz Ann Sonders (@LizAnnSonders) December 2, 2022
Last month marked the first time since 2006 that the S&P 500 energy sector has traded within 3% of a 12-month high while the price of oil fell more than 25% from its respective one-year peak, according to @bespokeinvest https://t.co/X6gKjsfZ9D
— Steven Russolillo (@srussolillo) December 6, 2022
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