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I am predicting (hoping/praying for) a violent surge to at least half way back up the hill.
I'm not sure my theory is working today with oil down and small caps leading on the upside. :dunno:Tom said big increase was due to oil. Nice!
I'm not sure my theory is working today with oil down and small caps leading on the upside. :dunno:
With oil down where it is, you have to wonder if the shale producers are going to survive.just have to look at "little" oil as opposed to the big ole OPEC types. Several shale source related companies are in the 4500.
With oil down where it is, you have to wonder if the shale producers are going to survive.
but its nice to see some confidence in the market.
According to Cramer, it was "machine trading" that drove the market yesterday. Of course, I would not rely upon a machine. But, I bet those machines did influence some traders.