It's good that Canada is looking for industry outside of oil sands to generate revenue. This is not a sustainable business for them and creates moonscapes on their otherwise pristine environment. Although some mining is fine, excessive oil reliance in Canada is not a long term solution for them. The loonie is reacting to that as well as Canada's over reliance on commodities for their economy.

It is a joke people are still talking about a recovery over 6 years after the last downturn. The real concern now is how to prevent the economic down cycle from being too harsh given the absurd actions of central banks who inflated throughout the whole cycle to artificially stimulate their economies by addicting people and companies to even more debt. A downturn will find that many of them can't pay and any sizable rise in interest rates and/or inflation towards normalcy will bankrupt many.

The Fed should be able to help downturns by lowering rates. I agree, the way the Fed has made things now this is impossible. Likewise, I agree the rise of inflation, although the Fed takes credit for it, is not in the Fed's power and limits their ability now. Worse even has been the rise in bond rates which preceded the Fed's rate hike. The Fed is now behind the curve.

The oil pump up just creates a harder bar to keep oil and allows it to potentially fall further frightening the market yet again. I agree, caution is the key.

This opens up a can of worms. If used to fund infrastructure it would sooner rather than later be used to fund entitlements, special programs, etc. Also, although the government may take it interest free, it still injects cash into the economy thus stimulating inflation. Last, since our Federal Reserve is owned by the unmentionable who want protecting from being known, those that own the private bank can refuse or even sue for takings. Ergo, the argument for making the Federal Reserve a real government central bank rather than a siphon to certain entitled owners.

I think most people in the market and betting on this are aware last weeks push up is being done through a lot of talking without meaningful action and supported by all the banks trying to brush up their books for earnings and are not long term bets at all. Rather many banks would like to exit their oil bets but can't unwind them, so they fashion small perks up to make their books look better than let them drop.

Don't expect the rally to last in oil. The glut is still vary big and sadly growing by the day.

Dividends are much more stable, however, even these stocks will be rocked by a downturn caused by the Fed's low rate policy that has created an even greater asset boom than Greenspan. Sadly, this spike has made it that much more impossible for the Fed to correct the downturn when it hits. Rather than learning its lesson it seems to be actively trying to recreate the last downturn and Yellen seems to be fashioning another great depression rather than trying to take measures to prevent one.

AMD could be a winner in market share terms as the tech sector inches its way to the end of the semi cycle and tech cycle. Cost is the key making AMD only having to have a competitive solution. The good news is the CPU and graphic improvements of late have been much less than earthshattering. The whole tech industry is going through a transition change into a stable traditional market.

Although I still hope for big changes and revolutions in tech, I don't think there are any on the horizon until robotization takes over. Even 3d glasses and submissive environments are more technology looking for a problem than a revolution. Gadget-ware is more fashion than revolutionary and the tech involved is nothing new although miniaturization lays a key. But once again, that's evolution in tech not revolution.

I am hopeful for quantum computing. However, we are probably at least a decade away before it comes to the PC market.

Yawn.. trees have been cut down for no reason to make the paper this has been printed on. Maybe if you bury it for 100,000 years it will turn into more oil.

Sadly oil and JP Morgan earnings go hand in hand as they hold oil bets they can' unload. The run up has definitely perked their balance sheet as has the window dressing run up. Don't expect the run up to last. The oil glut has not changed and US spending is dropping even lower. There is little to be exited for besides transitory theoretical winnings which are merely getting back what you had lost before and are likely to lose again.

After bank reports, I doubt this run up will last.