The most recent spike in oil looks like short covering. Until the shorts come back into the oil market it is clear sailing to the upside as index funds and other investors stake their positions. Commodities are where the action is and oil is at the epicenter. The ETF/ETN industry has a marvelous array of products aimed at John Q. Investor. Money will flow in that direction.
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The most recent spike in oil looks like short covering. Until the shorts come back into the oil market it is clear sailing to the upside as index funds and other investors stake their positions. Commodities are where the action is and oil is at the epicenter. The ETF/ETN industry has a marvelous array of products aimed at John Q. Investor. Money will flow in that direction.
Jun 30 11:07 am
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