ESG is bigger than you think
Ideas dont die: its the next big thing (with update on long term cycles on oil)
Hello Advised Traders,
The people responsible for the ESG movement have enjoyed success that is reminiscent of early adoption. But the entry of villians has really accelerated the idea.
Government will have more money to pay bills for a few years and a lot of “savings” for the NEXT Congress to really get started on ESG.
Another Biden admin will seal the deal for a 35 year wave of ESG missions and disciples.
The cycles on crude oil futures say that the market is bottoming
Shares of XOM 0.00 have moved up late day, among others.
I will be watching for a big breakout.
The longs will start to work, as it will PROBABLY BE AN 80 DAY NOMINAL CYCLE BEGINNING ON OIL.
UPDATE: February 12 2023 new highs over 2 months later
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