A crude streak
Continuous crude oil futures put in their 4th straight day on Thursday, one of the longest streaks in recent years. It's been a bit tough for it to keep going, as evidenced by the reactions following those red arrows on the chart.

A potential saving grace is context. This string of gains is occurring as oil is sitting at more than a 50-day high, but still down more than 20% from its recent peak. The table below shows returns under similar conditions. Some scary losses in there, but mostly in the midst of longer-term recoveries.

