How much payback is in the market is the debate. We do have important re-balancing occurring end of month; and I suspect notable changes including some smaller-caps rebounding.
The Federal Reserve surprised markets on Wednesday with a larger-than-expected 0.75% rate hike as sustained high inflation forced the Central Bank to make its biggest rate hike since 1994.
Don't #OPEC agreements usually endup falling apart when member countries start to cheat? How long do you think the #oil production cuts will last? $OIL
#OPEC can very well try to appear unfazed but their influence on the global #oil market has been on a decline for quite some time. What we are seeing now is a perfect example of their waning influence. They've gone through considerable lengths with the current production deals in order to prop up the oil price. The end result is a stabilization around $50 - $60. The rebound in US oil rigs ensures that the oil price will never reach its previous highs. $OIL$UCO$USO
Deal Or No Deal – Pound Holds Bid
I have the currencies next $OIL...
Why the End of the Longest Oil Bull Market Since 2008?
Very insightful look at $OILB, thanks.
Crashing Through The Glass Ceiling
Don't #OPEC agreements usually endup falling apart when member countries start to cheat? How long do you think the #oil production cuts will last? $OIL
The Oil War Is Only Just Getting Started
#OPEC can very well try to appear unfazed but their influence on the global #oil market has been on a decline for quite some time. What we are seeing now is a perfect example of their waning influence. They've gone through considerable lengths with the current production deals in order to prop up the oil price. The end result is a stabilization around $50 - $60. The rebound in US oil rigs ensures that the oil price will never reach its previous highs. $OIL $UCO $USO
Gasoline Inventories Increase, But We Continue To See Signs That The Oil Supply Glut Is Ending
Nicely done. This is why I'm bullish $OIL heading higher into 2016!