To set the stage for this discussion, let’s start with a 10-year chart for West Texas Intermediate (WTI) crude oil CL, based on continuous front-month contracts on the New York Mercantile Exchange, as tracked by FactSet:
$Camber Energy (CEI.US)$ $Imperial Petroleum (IMPP.US)$ $Crude Oil Futures(FEB5) (CLmain.US)$ $Chevron (CVX.US)$ $Exxon Mobil (XOM.US)$

ES were looking for 3900 from yesterday into today.
New targets 3920 test cross 1-3 hours looking for 3940+ test open
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$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $NASDAQ (NASDAQ.US)$ $Dow Inc (DOW.US)$ $Financial Select Sector SPDR Fund (XLF.US)$

“A market downturn doesn’t bother us. For us and our long-term investors, it is an opportunity to increase our ownership of great companies with great management at good prices.”
— Warren Buffett
$Warren Buffett Portfolio (LIST2999.US)$ $Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $American Express (AXP.US)$ $Coca-Cola (KO.US)$ $Apple (AAPL.US)$

Paramount Cut to Sell at Loop Capital Amid Declining Earnings and Cash Flow
Loop Capital analyst Alan Gould downgraded $Paramount Global-B (PARA.US)$ to Sell from Hold with a price target of $14, down from $30. The analyst cites the company's exposure to the "rapidly declining" traditional linear TV business while noting that its path to profitability in Streaming is "unclear". Although Paramount's content cycle is "strong", the compa...