imagine the RsI is a seesaw that sees how much force the bulls and bears are using to move the stock. If the RSI is over 70, it means the bulls are doing a superman job, and the stock is getting heavy (overbought). If the RSI is under 30, it means the bears are doing a superman job, and the stock is getting too light (oversold).

it's not a perfect tool, but it can help you make some smart trading decisions.

in this case, the stocks are so heavy that they could drop soon. so you might want to consider selling or staying away from them.

it's like the time you went to the playground and your friend ate so many cotton candies that he got a stomach ache and had to sit down, while you were running around playing tag. Read from source...

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### Pre-market Outlook:
Stocks in the Energy sector have surged in recent weeks, benefiting from strong global demand for oil, gas and coal and continued geopolitical tensions. In today's pre-market trading, energy companies are seeing further gains.

Exxon Mobil XOM, Chevron CVX, ConocoPhillips COP and Occidental Petroleum OXY are all up in pre-market trading. The gains come after all four companies reported strong earnings in recent days.

Exxon Mobil shares have risen by 3.2% after reporting quarterly profits that exceeded Wall Street expectations by a wide margin. The company reported a net profit of $8.8 billion for the quarter, up from a loss of $680 million a year earlier.

Chevron's shares are up by 1.7% after reporting a net profit of $6.3 billion for the same period, up from a loss of $667 million a year earlier.

ConocoPhillips's shares have risen by 1.8% after reporting a net profit of $3.6 billion for the quarter, up from a loss of $621 million a year earlier.

Occidental Petroleum's shares are up by 2.5% after reporting a net profit of $2.6 billion for the quarter, up from a loss of $5.5 billion a year earlier.

The gains in the energy sector come as the US economy continues to struggle with high inflation and slow growth. Despite these challenges, energy companies have continued to perform well, benefiting from high commodity prices and strong demand.

Investors will be keeping a close eye on the energy sector in the coming weeks, as geopolitical tensions and strong global demand continue to support prices.

### Market News:

- The Dow Jones Industrial Average (DJIA) closed at a record high on Thursday, driven by strong earnings from major US companies. The Dow closed at 35,625.40, up 224.85 points or 0.64% on the day. This marks the Dow's 38th record closing high of the year.

- The Nasdaq Composite Index closed at 14,835.76, down 44.56 points or 0.30% on the day. This marks the Nasdaq's 35th record closing high of the year.

- The S&P 500 Index closed at

Neutral
Subjectivity: Neutral
Importance: High
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