Oil Up, Stocks Down…So, What Is Next?
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The markets started the day strong then slowly selling off until going negative during the last hour of trading. As oil climbed to $62, the markets rose until the collapse of financial sector. Some say we are nearing a reversal and heading back down, while others think it is the beginning of the bull market. So, how do you invest?
Will The Stock Market Continue To Go Higher?
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The stock market has been great to traders over the last seven weeks; will it last? This week has given traders many reasons to sell or get short the market from Swine Flu to some of the largest banks still needing more capital to continue operations. A few months ago, just the two events listed above would have dealt a crushing blow to the markets but we are not seeing the sell-off. So, is it time to buy?
The New Year Starts With A Rally
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2009 stated off with a rally but how long will it last? The market has had several rallies for both the bulls and the bears in the last year. The big question is how the markets will do in 2009? While the year started with a bullish rally how long will it last?