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David White is a
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Of course oil is also off about $5 today after a huge fall yesterday. This has likely depressed Ag stocks a little as they are ethanol related and so oil related. They also tend to trade as the commodity index trades. However, now oil is at about $133/barrel. The economic experts are expecting a generally trading range of $130 - $140 over the summer. We are in hurricane season. Oil will likely rise from here. Ditto Ag stocks.
Jul 16 11:24 am
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All Comments by David White »Some Odds & Ends: Google, Mosaic, Central European Distribution and the VIX [View article]